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China Natural Gas Stock

China Natural Gas ROA 2024

China Natural Gas ROA

0

Ticker

CHNGQ

ISIN

US1689102069

In 2024, China Natural Gas's return on assets (ROA) was 0, a 0% increase from the 0 ROA in the previous year.

China Natural Gas Aktienanalyse

What does China Natural Gas do?

China Natural Gas Inc. (CNG) is one of the leading companies in the Chinese energy and gas market. The company is headquartered in Xi'an, the capital of Shaanxi province, and operates in 34 Chinese cities. In recent years, the company has also expanded overseas, including in the United States. CNG was founded in 2003 as Chinese economic growth generated additional demand for environmentally friendly energy. The company initially focused on providing liquefied natural gas (LNG) to customers such as commercial and industrial companies, as well as households. In recent years, the company has invested in compressed natural gas (CNG) processing, which is primarily used in the transportation sector. The company's business model encompasses the entire value chain of the gas industry, from exploration and production to processing and distribution channels, all the way to the end consumer. CNG operates in four main sectors: LNG distribution, CNG distribution, natural gas projects, and gas appliances. CNG is the largest provider of LNG in China. The company operates a number of LNG stations, including the first public station in Beijing in 2006. The company is also involved in supplying LNG to commercial and industrial companies that use it as an alternative to diesel and gasoline-powered machinery and vehicles. CNG has also invested in the production and distribution of CNG, which is used as an alternative to gasoline and diesel in the transportation sector. CNG is more environmentally friendly and cost-effective than traditional fossil fuels. CNG operates over 120 public CNG stations throughout China. CNG also focuses on the exploration, production, and processing of natural gas in China. The company plans to significantly increase its natural gas production in the coming years to meet the rising demand in China. CNG also produces gas appliances such as gas stoves, gas heaters, and gas boilers that can be installed in homes and commercial properties. These appliances are more environmentally friendly and cost-effective than traditional coal or electric-operated ovens and heaters. CNG offers a wide range of products for various applications, including LNG for commercial and industrial companies as well as households, CNG for the transportation sector, natural gas for power generation and distribution, as well as the petrochemical industry, and gas appliances such as gas stoves, gas heaters, and gas boilers. In conclusion, China Natural Gas Inc. is a significant player in the Chinese energy and gas market. The company operates in various sectors, including LNG and CNG distribution, natural gas projects, and gas appliances. It has invested significantly in the production and distribution of environmentally friendly energy and is expected to continue to grow in the coming years. China Natural Gas ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Natural Gas's Return on Assets (ROA)

China Natural Gas'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 Natural Gas'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 Natural Gas'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 Natural Gas’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 Natural Gas stock

What is the Return on Assets (ROA) of China Natural Gas this year?

The Return on Assets (ROA) of China Natural Gas is 0 undefined this year.

What was the ROA of China Natural Gas compared to the previous year?

The ROA of China Natural Gas has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of China Natural Gas?

A high ROA is advantageous for investors of China Natural Gas, 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 Natural Gas?

A low ROA can be unfavorable for investors of China Natural Gas 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 Natural Gas affect the company?

An increase in ROA of China Natural Gas can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Natural Gas impact the company?

A reduction in the ROA of China Natural Gas can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Natural Gas?

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

Why is the ROA of China Natural Gas important for investors?

The ROA of China Natural Gas 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 Natural Gas take to improve ROA?

To improve ROA, China Natural Gas 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 Natural Gas pay?

Over the past 12 months, China Natural Gas paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, China Natural Gas is expected to pay a dividend of 0 USD.

What is the dividend yield of China Natural Gas?

The current dividend yield of China Natural Gas is .

When does China Natural Gas pay dividends?

China Natural Gas pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Natural Gas?

China Natural Gas paid dividends every year for the past 0 years.

What is the dividend of China Natural Gas?

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

In which sector is China Natural Gas located?

China Natural Gas is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von China Natural Gas kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Natural Gas from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did China Natural Gas pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of China Natural Gas in the year 2023?

In the year 2023, China Natural Gas distributed 0 USD as dividends.

In which currency does China Natural Gas pay out the dividend?

The dividends of China Natural Gas are distributed in USD.

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Andere Kennzahlen von China Natural Gas

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