What is the Return on Assets (ROA) of Century Iron And Steel Industrial Co this year?
The Return on Assets (ROA) of Century Iron And Steel Industrial Co is 0.03 undefined this year.
Century Iron And Steel Industrial Co ROA 2024
Century Iron And Steel Industrial Co ROA
0.03
Ticker
9958.TW
ISIN
TW0009958009
In 2024, Century Iron And Steel Industrial Co's return on assets (ROA) was 0.03, a 134.29% increase from the 0.01 ROA in the previous year.
Century Iron And Steel Industrial Co Aktienanalyse
What does Century Iron And Steel Industrial Co do?
Century Iron And Steel Industrial Co Ltd is a Chinese steel producer based in the province of Hebei. The company was founded in 2000 and has since undergone significant development. Today, Century Iron And Steel Industrial Co Ltd is one of the largest steel producers in China and has established itself as a key player in the international market. The business model of Century Iron And Steel Industrial Co Ltd is based on manufacturing and selling high-quality steel products for various applications. The company operates both domestically and internationally, serving customers in many countries worldwide. Some of the key products of Century Iron And Steel Industrial Co Ltd include seamless steel pipes, steel plates, steel wire, steel bars, steel strips, and many others. Century Iron And Steel Industrial Co Ltd has various divisions, each specializing in different areas of steel production. For example, the company operates a foundry division specializing in the production of high-quality steel products. The company also has a rolling mill division specializing in the rolling of steel products. Additionally, Century Iron And Steel Industrial Co Ltd has a seamless steel pipe manufacturing department that specializes in producing pipes for the oil and gas market. The pipes are suitable for use in demanding environments such as offshore oil fields and oil production facilities. The company has improved its ability to produce high-quality steel products through the use of advanced technology and equipment. Century Iron And Steel Industrial Co Ltd has relied on both traditional and modern technologies in the production of steel products. For example, the company uses the latest technology in metal pipe processing for the production of seamless steel pipes, offering unique solutions to its customers. Century Iron And Steel Industrial Co Ltd is also an environmentally conscious company committed to sustainability. The company has implemented various measures to reduce environmental impact and advocates for responsible business practices. For instance, Century Iron And Steel Industrial Co Ltd operates various wastewater treatment facilities and has moved away from traditional production methods that waste water. The company has also implemented programs to reduce CO2 emissions and complies with environmental regulations. Overall, Century Iron And Steel Industrial Co Ltd is a leading steel producer specializing in the production of high-quality steel products for a wide range of applications. The company has an impressive history and has evolved into one of China's most successful companies over the years. Century Iron And Steel Industrial Co Ltd is a responsible company focused on sustainability and environmentally conscious business practices, striving to offer its customers high-quality products at a fair price. Century Iron And Steel Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Century Iron And Steel Industrial Co's Return on Assets (ROA)
Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co stock
What was the ROA of Century Iron And Steel Industrial Co compared to the previous year?
The ROA of Century Iron And Steel Industrial Co has increased by 134.29% compared to the previous year.
What consequences do high ROA have for investors of Century Iron And Steel Industrial Co?
A high ROA is advantageous for investors of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co?
A low ROA can be unfavorable for investors of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co affect the company?
An increase in ROA of Century Iron And Steel Industrial Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Century Iron And Steel Industrial Co impact the company?
A reduction in the ROA of Century Iron And Steel Industrial Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Century Iron And Steel Industrial Co?
Some factors that can influence the ROA of Century Iron And Steel Industrial Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Century Iron And Steel Industrial Co important for investors?
The ROA of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co take to improve ROA?
To improve ROA, Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co pay?
Over the past 12 months, Century Iron And Steel Industrial Co paid a dividend of 0.49 TWD . This corresponds to a dividend yield of about 0.22 %. For the coming 12 months, Century Iron And Steel Industrial Co is expected to pay a dividend of 0.49 TWD.
What is the dividend yield of Century Iron And Steel Industrial Co?
The current dividend yield of Century Iron And Steel Industrial Co is 0.22 %.
When does Century Iron And Steel Industrial Co pay dividends?
Century Iron And Steel Industrial Co pays a quarterly dividend. This is distributed in the months of September, October, September, September.
How secure is the dividend of Century Iron And Steel Industrial Co?
Century Iron And Steel Industrial Co paid dividends every year for the past 13 years.
What is the dividend of Century Iron And Steel Industrial Co?
For the upcoming 12 months, dividends amounting to 0.49 TWD are expected. This corresponds to a dividend yield of 0.22 %.
In which sector is Century Iron And Steel Industrial Co located?
Century Iron And Steel Industrial Co is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Century Iron And Steel Industrial Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Century Iron And Steel Industrial Co from 9/20/2024 amounting to 2.912 TWD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.
When did Century Iron And Steel Industrial Co pay the last dividend?
The last dividend was paid out on 9/20/2024.
What was the dividend of Century Iron And Steel Industrial Co in the year 2023?
In the year 2023, Century Iron And Steel Industrial Co distributed 2.989 TWD as dividends.
In which currency does Century Iron And Steel Industrial Co pay out the dividend?
The dividends of Century Iron And Steel Industrial Co are distributed in TWD.
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Andere Kennzahlen von Century Iron And Steel Industrial Co
Our stock analysis for Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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