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Cheng Shin Rubber Ind. Co - Stock

Cheng Shin Rubber Ind. Co ROE 2024

Cheng Shin Rubber Ind. Co ROE

0.08

Cheng Shin Rubber Ind. Co Dividend yield

2.7 %

Ticker

2105.TW

ISIN

TW0002105004

In 2024, Cheng Shin Rubber Ind. Co's return on equity (ROE) was 0.08, a 42.02% increase from the 0.06 ROE in the previous year.

Cheng Shin Rubber Ind. Co Aktienanalyse

What does Cheng Shin Rubber Ind. Co do?

Cheng Shin Rubber Ind. Co Ltd is a Taiwanese company specializing in the manufacturing and selling of tires and tubes for bicycles, motorcycles, cars, and other vehicles. It was founded in 1967 by Luo Jye and is headquartered in Yuanlin, Taiwan. Over the past decades, the company has become one of the world's leading tire manufacturers and is now known under the brand name Maxxis. The company operates twelve factories in various countries, including China, Thailand, Vietnam, India, and the USA, and employs over 30,000 employees. Cheng Shin Rubber Ind. Co Ltd's business model is based on the production of high-quality, durable, and reliable tires and tubes for different vehicles. The company relies on advanced manufacturing technologies and strict quality control to ensure that its products meet the highest standards. Cheng Shin Rubber Ind. Co Ltd is divided into several business segments, including bicycle tires, motorcycle tires, car tires, and specialty tires for agricultural machinery and other applications. Each of these segments offers a variety of products tailored to the specific needs of customers. In the bicycle segment, the company offers a wide range of tires and tubes for various applications, including mountain bikes, road bikes, city and trekking bikes, as well as BMX and freestyle bikes. These tires are known for their high traction, durability, and reliability, and are popular among cyclists worldwide. In the motorcycle segment, the company produces tires and tubes for different types of motorcycles, including street motorcycles, off-road motorcycles, and scooters. These tires are renowned for their high performance, stability, and durability and are appreciated by motorcyclists worldwide. In the car tire segment, Cheng Shin Rubber Ind. Co Ltd offers a wide range of tires for different types of vehicles, including cars, trucks, buses, and SUVs. These tires are characterized by high traction, low rolling resistance, and high mileage, and are popular among automakers and drivers worldwide. Furthermore, the company provides a wide range of specialty tires for agricultural machinery, construction and industrial equipment, and other applications. These tires are tailored to the specific requirements of these applications and offer high stability, traction, and durability. Overall, Cheng Shin Rubber Ind. Co Ltd is a leading company in the tire industry, distinguished by its quality products and innovative manufacturing technologies. With its twelve factories and over 30,000 employees, the company strives to meet the needs of customers worldwide and further expand its position as one of the leading tire manufacturers. Cheng Shin Rubber Ind. Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Cheng Shin Rubber Ind. Co's Return on Equity (ROE)

Cheng Shin Rubber Ind. Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Cheng Shin Rubber Ind. Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Cheng Shin Rubber Ind. Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Cheng Shin Rubber Ind. Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Cheng Shin Rubber Ind. Co Stock

What is the ROE (Return on Equity) of Cheng Shin Rubber Ind. Co this year?

The ROE of Cheng Shin Rubber Ind. Co this year is 0.08 undefined.

How has the Return on Equity (ROE) of Cheng Shin Rubber Ind. Co developed compared to the previous year?

The ROE of Cheng Shin Rubber Ind. Co has increased by 42.02% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Cheng Shin Rubber Ind. Co?

A high ROE indicates that Cheng Shin Rubber Ind. Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Cheng Shin Rubber Ind. Co?

A low ROE can indicate that Cheng Shin Rubber Ind. Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Cheng Shin Rubber Ind. Co affect the company?

A change in ROE (Return on Equity) of Cheng Shin Rubber Ind. Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Cheng Shin Rubber Ind. Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Cheng Shin Rubber Ind. Co?

Some factors that can influence Cheng Shin Rubber Ind. Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Cheng Shin Rubber Ind. Co pay?

Over the past 12 months, Cheng Shin Rubber Ind. Co paid a dividend of 1.4 TWD . This corresponds to a dividend yield of about 2.7 %. For the coming 12 months, Cheng Shin Rubber Ind. Co is expected to pay a dividend of 1.42 TWD.

What is the dividend yield of Cheng Shin Rubber Ind. Co?

The current dividend yield of Cheng Shin Rubber Ind. Co is 2.7 %.

When does Cheng Shin Rubber Ind. Co pay dividends?

Cheng Shin Rubber Ind. Co pays a quarterly dividend. This is distributed in the months of September, August, July, July.

How secure is the dividend of Cheng Shin Rubber Ind. Co?

Cheng Shin Rubber Ind. Co paid dividends every year for the past 23 years.

What is the dividend of Cheng Shin Rubber Ind. Co?

For the upcoming 12 months, dividends amounting to 1.42 TWD are expected. This corresponds to a dividend yield of 2.74 %.

In which sector is Cheng Shin Rubber Ind. Co located?

Cheng Shin Rubber Ind. Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Cheng Shin Rubber Ind. Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cheng Shin Rubber Ind. Co from 7/10/2024 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Cheng Shin Rubber Ind. Co pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of Cheng Shin Rubber Ind. Co in the year 2023?

In the year 2023, Cheng Shin Rubber Ind. Co distributed 1.2 TWD as dividends.

In which currency does Cheng Shin Rubber Ind. Co pay out the dividend?

The dividends of Cheng Shin Rubber Ind. Co are distributed in TWD.

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Andere Kennzahlen von Cheng Shin Rubber Ind. Co

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