What is the Return on Assets (ROA) of CITIC this year?
The Return on Assets (ROA) of CITIC is 0.01 undefined this year.
CITIC ROA 2024
CITIC ROA
0.01
Ticker
267.HK
ISIN
HK0267001375
WKN
870564
In 2024, CITIC's return on assets (ROA) was 0.01, a -17.47% increase from the 0.01 ROA in the previous year.
CITIC Aktienanalyse
What does CITIC do?
CITIC Ltd is a Chinese holding company that was founded in 1979. The company's history is closely linked to the development of the Chinese economy. Originally, CITIC Ltd was established as the China International Trust and Investment Corporation to attract foreign investors and promote technology transfer. In the 1980s, CITIC Ltd led China into the era of market economy and was an important player in the opening-up policy. CITIC Ltd's business model is diverse and includes various sectors. The key divisions include finance, commodities, manufacturing, real estate, and infrastructure. In the finance sector, CITIC Ltd is one of the largest investment banks in China. It provides financial services such as investment banking, asset management, wealth accumulation, and insurance. CITIC Bank, which is owned by CITIC Ltd, is one of the largest banks in China. In the commodities sector, CITIC Ltd engages in the exploration and development of resources such as oil, gas, coal, ores, and other minerals. The company owns and operates several mines and oil fields and is also active in metallurgy and chemicals. CITIC Ltd's manufacturing division encompasses various industries such as machinery, electronics, and vehicle manufacturing. The company produces and distributes a variety of products including automobiles, cement, steel, chemicals, construction materials, and construction machinery. CITIC Ltd's real estate and infrastructure division is involved in the development, construction, and management of residential, commercial, industrial, and infrastructure projects. It owns a variety of properties including office buildings, shopping centers, hotels, and logistics parks. Some of the products offered by CITIC Ltd include CITIC Plaza, one of the tallest buildings in Guangzhou, China; CITIC Heavy Industry, a leading manufacturer of heavy machinery; CITIC Pacific Mining, a mining company focused on the exploration and production of iron, copper, and other minerals; and CITIC Securities, one of the largest securities firms in China. CITIC Ltd is also internationally active and has branches and partnerships in various parts of the world, including Hong Kong, New York, London, Singapore, South Korea, and Australia. Overall, CITIC Ltd is a versatile company with a wide product portfolio and a strong commitment to innovation and growth. The company's history reflects the development of the Chinese economy, and CITIC Ltd has played an important role in promoting China's economic development. CITIC ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding CITIC's Return on Assets (ROA)
CITIC'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 CITIC'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 CITIC'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 CITIC’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 CITIC stock
What was the ROA of CITIC compared to the previous year?
The ROA of CITIC has increased by -17.47% compared to the previous year.
What consequences do high ROA have for investors of CITIC?
A high ROA is advantageous for investors of CITIC, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in CITIC?
A low ROA can be unfavorable for investors of CITIC 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 CITIC affect the company?
An increase in ROA of CITIC can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of CITIC impact the company?
A reduction in the ROA of CITIC can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of CITIC?
Some factors that can influence the ROA of CITIC include revenue, operating costs, asset structure, and industry average.
Why is the ROA of CITIC important for investors?
The ROA of CITIC 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 CITIC take to improve ROA?
To improve ROA, CITIC 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 CITIC pay?
Over the past 12 months, CITIC paid a dividend of 0.65 CNY . This corresponds to a dividend yield of about 7.33 %. For the coming 12 months, CITIC is expected to pay a dividend of 0.69 CNY.
What is the dividend yield of CITIC?
The current dividend yield of CITIC is 7.33 %.
When does CITIC pay dividends?
CITIC pays a quarterly dividend. This is distributed in the months of July, August, October, October.
How secure is the dividend of CITIC?
CITIC paid dividends every year for the past 23 years.
What is the dividend of CITIC?
For the upcoming 12 months, dividends amounting to 0.69 CNY are expected. This corresponds to a dividend yield of 7.86 %.
In which sector is CITIC located?
CITIC is assigned to the 'Industry' sector.
Wann musste ich die Aktien von CITIC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CITIC from 11/15/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 9/25/2024.
When did CITIC pay the last dividend?
The last dividend was paid out on 11/15/2024.
What was the dividend of CITIC in the year 2023?
In the year 2023, CITIC distributed 0.656 CNY as dividends.
In which currency does CITIC pay out the dividend?
The dividends of CITIC are distributed in CNY.
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Andere Kennzahlen von CITIC
Our stock analysis for CITIC 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 CITIC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
