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China Information Technology Development Stock

China Information Technology Development ROA 2024

China Information Technology Development ROA

-0.07

Ticker

8178.HK

ISIN

KYG215501357

In 2024, China Information Technology Development's return on assets (ROA) was -0.07, a -62.95% increase from the -0.18 ROA in the previous year.

China Information Technology Development Aktienanalyse

What does China Information Technology Development do?

China Information Technology Development Ltd is a leading provider of information and communication technology solutions in China. The company was founded in 1993 and has since built a successful history of over 25 years in the market for information technology and related services. The business model of China Information Technology Development Ltd includes a wide range of products and services in the areas of IT system integration, e-business, and cloud computing services for customers in various industries and companies. The company offers its customers a comprehensive range of IT solutions to optimize their business processes and improve their performance. The company operates in various business areas, including cloud computing services, financial services, education technology, public security, and justice services. The cloud computing division of China Information Technology Development Ltd offers customers an innovative platform for data exchange and storage. In addition, the company offers a wide range of financial services, including electronic payment services, remittances, and trading services, to support its customers in their financial matters. In the education technology sector, China Information Technology Development Ltd offers a wide range of products and services for the digital needs of schools and educational institutions. This includes a range of educational software, interactive whiteboards, virtual classrooms, e-learning platforms, and other services. Furthermore, the company also provides extensive solutions for public security management, including video surveillance, GIS software, databases for police and justice authorities, and other customized security solutions tailored to the requirements of customers. However, the portfolio of China Information Technology Development Ltd goes even further by also offering products for the healthcare industry. The company provides a wide range of IT solutions for hospitals and other healthcare providers, including various software products for medical record management, telemedicine systems, and other products aimed at improving patient care. In summary, China Information Technology Development Ltd specializes in providing IT solutions for customers in various industries and companies. Over the years, the company has successfully established itself in the broad IT market in China. China Information Technology Development Ltd continues to strive to provide innovative and customized solutions for its customers and partners to help them optimize their business processes and improve their performance. The company relies on advanced technologies and innovations to achieve the goals of its customers. China Information Technology Development ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Information Technology Development's Return on Assets (ROA)

China Information Technology Development'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 Information Technology Development'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 Information Technology Development'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 Information Technology Development’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 Information Technology Development stock

What is the Return on Assets (ROA) of China Information Technology Development this year?

The Return on Assets (ROA) of China Information Technology Development is -0.07 undefined this year.

What was the ROA of China Information Technology Development compared to the previous year?

The ROA of China Information Technology Development has increased by -62.95% compared to the previous year.

What consequences do high ROA have for investors of China Information Technology Development?

A high ROA is advantageous for investors of China Information Technology Development, 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 Information Technology Development?

A low ROA can be unfavorable for investors of China Information Technology Development 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 Information Technology Development affect the company?

An increase in ROA of China Information Technology Development can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Information Technology Development impact the company?

A reduction in the ROA of China Information Technology Development can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Information Technology Development?

Some factors that can influence the ROA of China Information Technology Development include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Information Technology Development important for investors?

The ROA of China Information Technology Development 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 Information Technology Development take to improve ROA?

To improve ROA, China Information Technology Development 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 Information Technology Development pay?

Over the past 12 months, China Information Technology Development paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, China Information Technology Development is expected to pay a dividend of 0 HKD.

What is the dividend yield of China Information Technology Development?

The current dividend yield of China Information Technology Development is .

When does China Information Technology Development pay dividends?

China Information Technology Development pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Information Technology Development?

China Information Technology Development paid dividends every year for the past 0 years.

What is the dividend of China Information Technology Development?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is China Information Technology Development located?

China Information Technology Development is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von China Information Technology Development kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Information Technology Development from 10/21/2024 amounting to 0 HKD, you needed to have the stock in your portfolio before the ex-date on 10/21/2024.

When did China Information Technology Development pay the last dividend?

The last dividend was paid out on 10/21/2024.

What was the dividend of China Information Technology Development in the year 2023?

In the year 2023, China Information Technology Development distributed 0 HKD as dividends.

In which currency does China Information Technology Development pay out the dividend?

The dividends of China Information Technology Development are distributed in HKD.

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Andere Kennzahlen von China Information Technology Development

Our stock analysis for China Information Technology Development 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 Information Technology Development Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.