Anhui Conch Cement Co ROA 2024

Anhui Conch Cement Co ROA

0.04

Anhui Conch Cement Co Dividend yield

6.08 %

Ticker

600585.SS

ISIN

CNE0000019V8

In 2024, Anhui Conch Cement Co's return on assets (ROA) was 0.04, a -34% increase from the 0.06 ROA in the previous year.

Anhui Conch Cement Co Aktienanalyse

What does Anhui Conch Cement Co do?

Anhui Conch Cement Co Ltd is one of the largest cement companies in the world. It was founded in 1997 and is headquartered in Anhui province, China. Initially, the company specialized in the production of cement and cement products. However, it has since diversified and is now involved in various sectors. The company began its operations in 1997 with the production of cement and cement products. Its main goal was to manufacture high-quality cement products for various applications. Over the years, the company has expanded its offerings and is now involved in other sectors as well. It now provides building materials, construction machinery and equipment, and even operates hotels and golf clubs. The main divisions of Anhui Conch Cement Co Ltd are cement and cement product production, building materials and equipment manufacturing, and the tourism and leisure industry. In terms of cement production, Anhui Conch Cement Co Ltd is currently the largest company in the world. It has an annual production capacity of over 240 million tons of cement. This capacity is spread across numerous plants, both in China and internationally. An important factor contributing to the success of Anhui Conch Cement Co Ltd is its commitment to sustainability. The company continuously invests in environmental protection. Its facilities are designed to have minimal environmental impact. The company also operates its own research facilities to constantly develop and make its products and production processes more sustainable. Anhui Conch Cement Co Ltd produces a wide range of cement products for various applications. This includes Portland cement, special cement, fly ash cement, cement binders, and waterproof cement, among others. Additionally, the company also offers a range of construction materials such as concrete elements, bricks, sand-lime bricks, and other materials for both high-rise and infrastructure construction. In the field of construction materials and machinery, Anhui Conch Cement Co Ltd is involved in the production of formwork, cranes, wheel loaders, and other technical building materials. The company has also undertaken various large construction projects, especially in China and other Asian countries. The golf courses and luxurious hotels operated by the company are part of the leisure and tourism industry. The company manages several golf clubs in China and has been expanding globally in this sector. Currently, Anhui Conch Cement Co Ltd is making investments in the Middle East, which are expected to strengthen the tourism industry in that region. In summary, Anhui Conch Cement Co Ltd is a diverse company that offers a wide range of products and services. It has expanded its operations to include cement and cement product production, as well as other industries such as building materials, construction machinery and equipment, and tourism. The company focuses on sustainability and quality, which has earned it the status of being one of the largest cement producers in the world. Anhui Conch Cement Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Anhui Conch Cement Co's Return on Assets (ROA)

Anhui Conch Cement Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Anhui Conch Cement Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Anhui Conch Cement Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Anhui Conch Cement Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Anhui Conch Cement Co Stock

What is the Return on Assets (ROA) of Anhui Conch Cement Co this year?

The Return on Assets (ROA) of Anhui Conch Cement Co is 0.04 undefined this year.

What was the ROA of Anhui Conch Cement Co compared to the previous year?

The ROA of Anhui Conch Cement Co has increased by -34% compared to the previous year.

What consequences do high ROA have for investors of Anhui Conch Cement Co?

A high ROA is advantageous for investors of Anhui Conch Cement Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Anhui Conch Cement Co?

A low ROA can be unfavorable for investors of Anhui Conch Cement Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Anhui Conch Cement Co affect the company?

An increase in ROA of Anhui Conch Cement Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Anhui Conch Cement Co impact the company?

A reduction in the ROA of Anhui Conch Cement Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Anhui Conch Cement Co?

Some factors that can influence the ROA of Anhui Conch Cement Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Anhui Conch Cement Co important for investors?

The ROA of Anhui Conch Cement Co is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Anhui Conch Cement Co take to improve ROA?

To improve ROA, Anhui Conch Cement Co can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Anhui Conch Cement Co pay?

Over the past 12 months, Anhui Conch Cement Co paid a dividend of 1.48 CNY . This corresponds to a dividend yield of about 6.08 %. For the coming 12 months, Anhui Conch Cement Co is expected to pay a dividend of 1.53 CNY.

What is the dividend yield of Anhui Conch Cement Co?

The current dividend yield of Anhui Conch Cement Co is 6.08 %.

When does Anhui Conch Cement Co pay dividends?

Anhui Conch Cement Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Anhui Conch Cement Co?

Anhui Conch Cement Co paid dividends every year for the past 20 years.

What is the dividend of Anhui Conch Cement Co?

For the upcoming 12 months, dividends amounting to 1.53 CNY are expected. This corresponds to a dividend yield of 6.28 %.

In which sector is Anhui Conch Cement Co located?

Anhui Conch Cement Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Anhui Conch Cement Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Anhui Conch Cement Co from 6/20/2023 amounting to 1.48 CNY, you needed to have the stock in your portfolio before the ex-date on 6/20/2023.

When did Anhui Conch Cement Co pay the last dividend?

The last dividend was paid out on 6/20/2023.

What was the dividend of Anhui Conch Cement Co in the year 2023?

In the year 2023, Anhui Conch Cement Co distributed 2.38 CNY as dividends.

In which currency does Anhui Conch Cement Co pay out the dividend?

The dividends of Anhui Conch Cement Co are distributed in CNY.

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Andere Kennzahlen von Anhui Conch Cement Co

Our stock analysis for Anhui Conch Cement Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Anhui Conch Cement Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.