Baoshan Iron & Steel Co Stock

Baoshan Iron & Steel Co ROA 2024

Baoshan Iron & Steel Co ROA

0.03

Ticker

600019.SS

ISIN

CNE0000015R4

WKN

A0M4EN

In 2024, Baoshan Iron & Steel Co's return on assets (ROA) was 0.03, a 3.79% increase from the 0.03 ROA in the previous year.

Baoshan Iron & Steel Co Aktienanalyse

What does Baoshan Iron & Steel Co do?

Baoshan Iron & Steel Co Ltd is one of the leading steel production companies in China and was founded in 1978. The company is located in Shanghai and has been listed on the Shanghai Stock Exchange since 2000. The history of Baoshan Iron & Steel Co Ltd is characterized by innovations and strategic changes. Within a decade of its founding, the company developed its own integrated smelting system and already received initial delivery orders from Europe and North America. Initially specializing in coal and reinforcing steel, the offering was continuously expanded and improved. The business model of Baoshan Iron & Steel Co Ltd consists of three pillars: iron and steel production, processing of steel products, as well as trading and trading services. The company's divisions are diverse, but all emphasize the core competencies of the company - high-quality iron and steel production as well as the ability to quickly adapt to the needs and challenges of the market. One of the largest divisions of the company is the production of continuous casting steel products. Baoshan Iron & Steel Co Ltd produces various types of steel products such as hot-rolled steel sheets, cold-rolled steel sheets, galvanized products, color-coated sheets, and electro-galvanized sheets. Another important division of the company is the production line of seamless steel pipes. Baoshan Iron & Steel Co Ltd sells seamless steel pipes from 6 mm to 100 mm diameter domestically and internationally. The company also owns various factories specializing in the production of specialty steel products. This includes the production of stainless steel, heat-resistant, and quenched and tempered steel products. Aside from the production of steel products, Baoshan Iron & Steel Co Ltd is also an important platform for marketing products domestically and internationally. The company has a global sales network and offers products and services in the areas of technology development and trade to customers worldwide. Baoshan Iron & Steel Co Ltd is considered a pioneer in environmentally friendly production. The company has always taken a leading role in environmental protection and has invested in the modernization of production facilities to comply with international standards for environmental and occupational safety. Overall, Baoshan Iron & Steel Co Ltd has achieved an impressive position in the Chinese steel market and beyond with its innovative and modern production methods, as well as its scope and global sales services. Baoshan Iron & Steel Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Baoshan Iron & Steel Co's Return on Assets (ROA)

Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel Co stock

What is the Return on Assets (ROA) of Baoshan Iron & Steel Co this year?

The Return on Assets (ROA) of Baoshan Iron & Steel Co is 0.03 undefined this year.

What was the ROA of Baoshan Iron & Steel Co compared to the previous year?

The ROA of Baoshan Iron & Steel Co has increased by 3.79% compared to the previous year.

What consequences do high ROA have for investors of Baoshan Iron & Steel Co?

A high ROA is advantageous for investors of Baoshan Iron & Steel 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 Baoshan Iron & Steel Co?

A low ROA can be unfavorable for investors of Baoshan Iron & Steel 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 Baoshan Iron & Steel Co affect the company?

An increase in ROA of Baoshan Iron & Steel Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Baoshan Iron & Steel Co impact the company?

A reduction in the ROA of Baoshan Iron & Steel Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Baoshan Iron & Steel Co?

Some factors that can influence the ROA of Baoshan Iron & Steel Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Baoshan Iron & Steel Co important for investors?

The ROA of Baoshan Iron & Steel 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 Baoshan Iron & Steel Co take to improve ROA?

To improve ROA, Baoshan Iron & Steel 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 Baoshan Iron & Steel Co pay?

Over the past 12 months, Baoshan Iron & Steel Co paid a dividend of 0.21 CNY . This corresponds to a dividend yield of about 3.08 %. For the coming 12 months, Baoshan Iron & Steel Co is expected to pay a dividend of 0.21 CNY.

What is the dividend yield of Baoshan Iron & Steel Co?

The current dividend yield of Baoshan Iron & Steel Co is 3.08 %.

When does Baoshan Iron & Steel Co pay dividends?

Baoshan Iron & Steel Co pays a quarterly dividend. This is distributed in the months of July, November, July, October.

How secure is the dividend of Baoshan Iron & Steel Co?

Baoshan Iron & Steel Co paid dividends every year for the past 23 years.

What is the dividend of Baoshan Iron & Steel Co?

For the upcoming 12 months, dividends amounting to 0.21 CNY are expected. This corresponds to a dividend yield of 3.14 %.

In which sector is Baoshan Iron & Steel Co located?

Baoshan Iron & Steel Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Baoshan Iron & Steel Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Baoshan Iron & Steel Co from 9/25/2024 amounting to 0.11 CNY, you needed to have the stock in your portfolio before the ex-date on 9/25/2024.

When did Baoshan Iron & Steel Co pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of Baoshan Iron & Steel Co in the year 2023?

In the year 2023, Baoshan Iron & Steel Co distributed 0.43 CNY as dividends.

In which currency does Baoshan Iron & Steel Co pay out the dividend?

The dividends of Baoshan Iron & Steel Co are distributed in CNY.

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Andere Kennzahlen von Baoshan Iron & Steel Co

Our stock analysis for Baoshan Iron & Steel 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 Baoshan Iron & Steel Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.