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China Gold International Resources Corp - Stock

China Gold International Resources Corp ROA 2024

China Gold International Resources Corp ROA

-0.01

Ticker

2099.HK

ISIN

CA16890P1036

WKN

A1C1KW

In 2024, China Gold International Resources Corp's return on assets (ROA) was -0.01, a -112.91% increase from the 0.07 ROA in the previous year.

China Gold International Resources Corp Aktienanalyse

What does China Gold International Resources Corp do?

China Gold International Resources Corp Ltd is a leading mining company in China, engaged in the exploration, development, and production of gold and copper resources. The company was founded in 2000 and is based in Vancouver, Canada. China Gold International has been listed on the Hong Kong Stock Exchange since 2009 and on the Toronto Stock Exchange since 2010. The business model of China Gold International is based on the development of mineral resources in China and the marketing of these resources domestically and internationally. The company is divided into three divisions: gold, copper, and development projects. China Gold International's gold business is primarily located in the Tibet Autonomous Region, where the company operates several mines. The two largest operations are the Jiama Mine and the Chang Shan Hao Mine, both of which contain large deposits of gold, copper, and other minerals. The Jiama Mine is one of the largest polymetallic mines in China, producing copper as well as gold, silver, lead, and zinc. The Chang Shan Hao Mine primarily produces gold and is one of the largest open-pit gold mines in China. China Gold International's copper business includes several copper mines in the Tibet Autonomous Region and Inner Mongolia. The copper mine in Tibet is one of the deepest copper mines in the world and produces high-quality copper concentrate. In addition to the gold and copper businesses, the company also invests in development projects. China Gold International has several promising development projects in China that are in the exploration or development phase. The company also has a strategic partnership with the Chinese government to jointly invest in mining and development projects. China Gold International is committed to promoting sustainable business development. The company pursues a policy of environmentally and socially responsible practices and is involved in programs to promote community development, protect the environment, and support employee well-being. Another important aspect of the company's operations is the trading of precious metals. China Gold International is one of the largest Chinese traders of precious metals and offers a wide range of products such as gold bars, coins, and jewelry. China Gold International is a globally recognized mining company that plays a leading role in the Chinese mining industry. The company has extensive experience and resources to shape the future of the company and its stakeholders. China Gold International Resources Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Gold International Resources Corp's Return on Assets (ROA)

China Gold International Resources Corp'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 China Gold International Resources Corp'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 China Gold International Resources Corp'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 China Gold International Resources Corp’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 China Gold International Resources Corp Stock

What is the Return on Assets (ROA) of China Gold International Resources Corp this year?

The Return on Assets (ROA) of China Gold International Resources Corp is -0.01 undefined this year.

What was the ROA of China Gold International Resources Corp compared to the previous year?

The ROA of China Gold International Resources Corp has increased by -112.91% compared to the previous year.

What consequences do high ROA have for investors of China Gold International Resources Corp?

A high ROA is advantageous for investors of China Gold International Resources Corp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in China Gold International Resources Corp?

A low ROA can be unfavorable for investors of China Gold International Resources Corp 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 China Gold International Resources Corp affect the company?

An increase in ROA of China Gold International Resources Corp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Gold International Resources Corp impact the company?

A reduction in the ROA of China Gold International Resources Corp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Gold International Resources Corp?

Some factors that can influence the ROA of China Gold International Resources Corp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Gold International Resources Corp important for investors?

The ROA of China Gold International Resources Corp 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 China Gold International Resources Corp take to improve ROA?

To improve ROA, China Gold International Resources Corp 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 China Gold International Resources Corp pay?

Over the past 12 months, China Gold International Resources Corp paid a dividend of 0.37 USD . This corresponds to a dividend yield of about 1 %. For the coming 12 months, China Gold International Resources Corp is expected to pay a dividend of 0.4 USD.

What is the dividend yield of China Gold International Resources Corp?

The current dividend yield of China Gold International Resources Corp is 1 %.

When does China Gold International Resources Corp pay dividends?

China Gold International Resources Corp pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Gold International Resources Corp?

China Gold International Resources Corp paid dividends every year for the past 6 years.

What is the dividend of China Gold International Resources Corp?

For the upcoming 12 months, dividends amounting to 0.4 USD are expected. This corresponds to a dividend yield of 1.08 %.

In which sector is China Gold International Resources Corp located?

China Gold International Resources Corp is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von China Gold International Resources Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Gold International Resources Corp from 6/15/2023 amounting to 0.37 USD, you needed to have the stock in your portfolio before the ex-date on 4/19/2023.

When did China Gold International Resources Corp pay the last dividend?

The last dividend was paid out on 6/15/2023.

What was the dividend of China Gold International Resources Corp in the year 2023?

In the year 2023, China Gold International Resources Corp distributed 0.25 USD as dividends.

In which currency does China Gold International Resources Corp pay out the dividend?

The dividends of China Gold International Resources Corp are distributed in USD.

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Andere Kennzahlen von China Gold International Resources Corp

Our stock analysis for China Gold International Resources Corp 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 China Gold International Resources Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.