What is the Return on Assets (ROA) of China Meheco Group Co this year?
The Return on Assets (ROA) of China Meheco Group Co is 0.03 undefined this year.
China Meheco Group Co ROA 2024
China Meheco Group Co ROA
0.03
Ticker
600056.SS
ISIN
CNE000000Q29
In 2024, China Meheco Group Co's return on assets (ROA) was 0.03, a 36.7% increase from the 0.02 ROA in the previous year.
China Meheco Group Co Aktienanalyse
What does China Meheco Group Co do?
China Meheco Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding China Meheco Group Co's Return on Assets (ROA)
China Meheco Group 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 China Meheco Group 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 China Meheco Group 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 China Meheco Group 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 China Meheco Group Co stock
What was the ROA of China Meheco Group Co compared to the previous year?
The ROA of China Meheco Group Co has increased by 36.7% compared to the previous year.
What consequences do high ROA have for investors of China Meheco Group Co?
A high ROA is advantageous for investors of China Meheco Group 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 China Meheco Group Co?
A low ROA can be unfavorable for investors of China Meheco Group 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 China Meheco Group Co affect the company?
An increase in ROA of China Meheco Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of China Meheco Group Co impact the company?
A reduction in the ROA of China Meheco Group Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of China Meheco Group Co?
Some factors that can influence the ROA of China Meheco Group Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of China Meheco Group Co important for investors?
The ROA of China Meheco Group 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 China Meheco Group Co take to improve ROA?
To improve ROA, China Meheco Group 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 China Meheco Group Co pay?
Over the past 12 months, China Meheco Group Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 1.27 %. For the coming 12 months, China Meheco Group Co is expected to pay a dividend of 0.15 CNY.
What is the dividend yield of China Meheco Group Co?
The current dividend yield of China Meheco Group Co is 1.27 %.
When does China Meheco Group Co pay dividends?
China Meheco Group Co pays a quarterly dividend. This is distributed in the months of July, July, July, October.
How secure is the dividend of China Meheco Group Co?
China Meheco Group Co paid dividends every year for the past 14 years.
What is the dividend of China Meheco Group Co?
For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 1.27 %.
In which sector is China Meheco Group Co located?
China Meheco Group Co is assigned to the 'Health' sector.
Wann musste ich die Aktien von China Meheco Group Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of China Meheco Group Co from 9/27/2024 amounting to 0.022 CNY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
When did China Meheco Group Co pay the last dividend?
The last dividend was paid out on 9/27/2024.
What was the dividend of China Meheco Group Co in the year 2023?
In the year 2023, China Meheco Group Co distributed 0.13 CNY as dividends.
In which currency does China Meheco Group Co pay out the dividend?
The dividends of China Meheco Group Co are distributed in CNY.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von China Meheco Group Co
Our stock analysis for China Meheco Group 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 China Meheco Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- China Meheco Group Co Revenue
- China Meheco Group Co Net Income
- China Meheco Group Co P/E
- China Meheco Group Co P/S
- China Meheco Group Co EBIT
- China Meheco Group Co Dividend
- China Meheco Group Co Stocks
- China Meheco Group Co Market capitalization
- China Meheco Group Co Debt
- China Meheco Group Co Liabilities
- China Meheco Group Co Equity
- China Meheco Group Co AAQS
- China Meheco Group Co Employees
- China Meheco Group Co ROE
- China Meheco Group Co ROA
- China Meheco Group Co ROCE