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Asian Star Anchor Chain Co Ltd Jiangsu - Stock

Asian Star Anchor Chain Co Ltd Jiangsu ROA 2024

Asian Star Anchor Chain Co Ltd Jiangsu ROA

0.05

Ticker

601890.SS

ISIN

CNE100000Y76

In 2024, Asian Star Anchor Chain Co Ltd Jiangsu's return on assets (ROA) was 0.05, a 49.38% increase from the 0.03 ROA in the previous year.

Asian Star Anchor Chain Co Ltd Jiangsu Aktienanalyse

What does Asian Star Anchor Chain Co Ltd Jiangsu do?

Asian Star Anchor Chain Co Ltd Jiangsu ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Asian Star Anchor Chain Co Ltd Jiangsu's Return on Assets (ROA)

Asian Star Anchor Chain Co Ltd Jiangsu'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 Asian Star Anchor Chain Co Ltd Jiangsu'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 Asian Star Anchor Chain Co Ltd Jiangsu'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 Asian Star Anchor Chain Co Ltd Jiangsu’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 Asian Star Anchor Chain Co Ltd Jiangsu Stock

What is the Return on Assets (ROA) of Asian Star Anchor Chain Co Ltd Jiangsu this year?

The Return on Assets (ROA) of Asian Star Anchor Chain Co Ltd Jiangsu is 0.05 undefined this year.

What was the ROA of Asian Star Anchor Chain Co Ltd Jiangsu compared to the previous year?

The ROA of Asian Star Anchor Chain Co Ltd Jiangsu has increased by 49.38% compared to the previous year.

What consequences do high ROA have for investors of Asian Star Anchor Chain Co Ltd Jiangsu?

A high ROA is advantageous for investors of Asian Star Anchor Chain Co Ltd Jiangsu, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Asian Star Anchor Chain Co Ltd Jiangsu?

A low ROA can be unfavorable for investors of Asian Star Anchor Chain Co Ltd Jiangsu 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 Asian Star Anchor Chain Co Ltd Jiangsu affect the company?

An increase in ROA of Asian Star Anchor Chain Co Ltd Jiangsu can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Asian Star Anchor Chain Co Ltd Jiangsu impact the company?

A reduction in the ROA of Asian Star Anchor Chain Co Ltd Jiangsu can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Asian Star Anchor Chain Co Ltd Jiangsu?

Some factors that can influence the ROA of Asian Star Anchor Chain Co Ltd Jiangsu include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Asian Star Anchor Chain Co Ltd Jiangsu important for investors?

The ROA of Asian Star Anchor Chain Co Ltd Jiangsu 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 Asian Star Anchor Chain Co Ltd Jiangsu take to improve ROA?

To improve ROA, Asian Star Anchor Chain Co Ltd Jiangsu 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 Asian Star Anchor Chain Co Ltd Jiangsu pay?

Over the past 12 months, Asian Star Anchor Chain Co Ltd Jiangsu paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.73 %. For the coming 12 months, Asian Star Anchor Chain Co Ltd Jiangsu is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of Asian Star Anchor Chain Co Ltd Jiangsu?

The current dividend yield of Asian Star Anchor Chain Co Ltd Jiangsu is 0.73 %.

When does Asian Star Anchor Chain Co Ltd Jiangsu pay dividends?

Asian Star Anchor Chain Co Ltd Jiangsu pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Asian Star Anchor Chain Co Ltd Jiangsu?

Asian Star Anchor Chain Co Ltd Jiangsu paid dividends every year for the past 7 years.

What is the dividend of Asian Star Anchor Chain Co Ltd Jiangsu?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 0.76 %.

In which sector is Asian Star Anchor Chain Co Ltd Jiangsu located?

Asian Star Anchor Chain Co Ltd Jiangsu is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Asian Star Anchor Chain Co Ltd Jiangsu kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Asian Star Anchor Chain Co Ltd Jiangsu from 6/19/2023 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 6/19/2023.

When did Asian Star Anchor Chain Co Ltd Jiangsu pay the last dividend?

The last dividend was paid out on 6/19/2023.

What was the dividend of Asian Star Anchor Chain Co Ltd Jiangsu in the year 2023?

In the year 2023, Asian Star Anchor Chain Co Ltd Jiangsu distributed 0.04 CNY as dividends.

In which currency does Asian Star Anchor Chain Co Ltd Jiangsu pay out the dividend?

The dividends of Asian Star Anchor Chain Co Ltd Jiangsu are distributed in CNY.

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Andere Kennzahlen von Asian Star Anchor Chain Co Ltd Jiangsu

Our stock analysis for Asian Star Anchor Chain Co Ltd Jiangsu 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 Asian Star Anchor Chain Co Ltd Jiangsu Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.