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Canny Elevator Co Stock

Canny Elevator Co ROA 2024

Canny Elevator Co ROA

0.05

Ticker

002367.SZ

ISIN

CNE100000M39

In 2024, Canny Elevator Co's return on assets (ROA) was 0.05, a 21.09% increase from the 0.04 ROA in the previous year.

Canny Elevator Co Aktienanalyse

What does Canny Elevator Co do?

Canny Elevator Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Canny Elevator Co's Return on Assets (ROA)

Canny Elevator 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 Canny Elevator 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 Canny Elevator 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 Canny Elevator 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 Canny Elevator Co stock

What is the Return on Assets (ROA) of Canny Elevator Co this year?

The Return on Assets (ROA) of Canny Elevator Co is 0.05 undefined this year.

What was the ROA of Canny Elevator Co compared to the previous year?

The ROA of Canny Elevator Co has increased by 21.09% compared to the previous year.

What consequences do high ROA have for investors of Canny Elevator Co?

A high ROA is advantageous for investors of Canny Elevator 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 Canny Elevator Co?

A low ROA can be unfavorable for investors of Canny Elevator 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 Canny Elevator Co affect the company?

An increase in ROA of Canny Elevator Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Canny Elevator Co impact the company?

A reduction in the ROA of Canny Elevator Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Canny Elevator Co?

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

Why is the ROA of Canny Elevator Co important for investors?

The ROA of Canny Elevator 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 Canny Elevator Co take to improve ROA?

To improve ROA, Canny Elevator 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 Canny Elevator Co pay?

Over the past 12 months, Canny Elevator Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 3.74 %. For the coming 12 months, Canny Elevator Co is expected to pay a dividend of 0.25 CNY.

What is the dividend yield of Canny Elevator Co?

The current dividend yield of Canny Elevator Co is 3.74 %.

When does Canny Elevator Co pay dividends?

Canny Elevator Co pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Canny Elevator Co?

Canny Elevator Co paid dividends every year for the past 17 years.

What is the dividend of Canny Elevator Co?

For the upcoming 12 months, dividends amounting to 0.25 CNY are expected. This corresponds to a dividend yield of 3.81 %.

In which sector is Canny Elevator Co located?

Canny Elevator Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Canny Elevator Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canny Elevator Co from 5/21/2024 amounting to 0.35 CNY, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.

When did Canny Elevator Co pay the last dividend?

The last dividend was paid out on 5/21/2024.

What was the dividend of Canny Elevator Co in the year 2023?

In the year 2023, Canny Elevator Co distributed 0.3 CNY as dividends.

In which currency does Canny Elevator Co pay out the dividend?

The dividends of Canny Elevator Co are distributed in CNY.

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Andere Kennzahlen von Canny Elevator Co

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