Asteel Group Bhd Stock

Asteel Group Bhd ROA 2024

Asteel Group Bhd ROA

-0.03

Ticker

ASTEEL.KL

ISIN

MYL7020OO000

In 2024, Asteel Group Bhd's return on assets (ROA) was -0.03, a 3.22% increase from the -0.02 ROA in the previous year.

Asteel Group Bhd Aktienanalyse

What does Asteel Group Bhd do?

Asteel Group Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Asteel Group Bhd's Return on Assets (ROA)

Asteel Group Bhd'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 Asteel Group Bhd'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 Asteel Group Bhd'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 Asteel Group Bhd’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 Asteel Group Bhd stock

What is the Return on Assets (ROA) of Asteel Group Bhd this year?

The Return on Assets (ROA) of Asteel Group Bhd is -0.03 undefined this year.

What was the ROA of Asteel Group Bhd compared to the previous year?

The ROA of Asteel Group Bhd has increased by 3.22% compared to the previous year.

What consequences do high ROA have for investors of Asteel Group Bhd?

A high ROA is advantageous for investors of Asteel Group Bhd, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Asteel Group Bhd?

A low ROA can be unfavorable for investors of Asteel Group Bhd 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 Asteel Group Bhd affect the company?

An increase in ROA of Asteel Group Bhd can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Asteel Group Bhd impact the company?

A reduction in the ROA of Asteel Group Bhd can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Asteel Group Bhd?

Some factors that can influence the ROA of Asteel Group Bhd include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Asteel Group Bhd important for investors?

The ROA of Asteel Group Bhd 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 Asteel Group Bhd take to improve ROA?

To improve ROA, Asteel Group Bhd 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 Asteel Group Bhd pay?

Over the past 12 months, Asteel Group Bhd paid a dividend of 0.01 MYR . This corresponds to a dividend yield of about 11.11 %. For the coming 12 months, Asteel Group Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Asteel Group Bhd?

The current dividend yield of Asteel Group Bhd is 11.11 %.

When does Asteel Group Bhd pay dividends?

Asteel Group Bhd pays a quarterly dividend. This is distributed in the months of June, June, June, July.

How secure is the dividend of Asteel Group Bhd?

Asteel Group Bhd paid dividends every year for the past 0 years.

What is the dividend of Asteel Group Bhd?

For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Asteel Group Bhd located?

Asteel Group Bhd is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Asteel Group Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Asteel Group Bhd from 7/21/2014 amounting to 0.01 MYR, you needed to have the stock in your portfolio before the ex-date on 6/26/2014.

When did Asteel Group Bhd pay the last dividend?

The last dividend was paid out on 7/21/2014.

What was the dividend of Asteel Group Bhd in the year 2023?

In the year 2023, Asteel Group Bhd distributed 0 MYR as dividends.

In which currency does Asteel Group Bhd pay out the dividend?

The dividends of Asteel Group Bhd are distributed in MYR.

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Andere Kennzahlen von Asteel Group Bhd

Our stock analysis for Asteel Group Bhd 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 Asteel Group Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.