China Northern Rare Earth Group High-Tech Co Stock

China Northern Rare Earth Group High-Tech Co ROA 2024

China Northern Rare Earth Group High-Tech Co ROA

0.06

Ticker

600111.SS

ISIN

CNE000000T18

In 2024, China Northern Rare Earth Group High-Tech Co's return on assets (ROA) was 0.06, a -64.14% increase from the 0.16 ROA in the previous year.

China Northern Rare Earth Group High-Tech Co Aktienanalyse

What does China Northern Rare Earth Group High-Tech Co do?

China Northern Rare Earth Group High-Tech Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Northern Rare Earth Group High-Tech Co's Return on Assets (ROA)

China Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech Co stock

What is the Return on Assets (ROA) of China Northern Rare Earth Group High-Tech Co this year?

The Return on Assets (ROA) of China Northern Rare Earth Group High-Tech Co is 0.06 undefined this year.

What was the ROA of China Northern Rare Earth Group High-Tech Co compared to the previous year?

The ROA of China Northern Rare Earth Group High-Tech Co has increased by -64.14% compared to the previous year.

What consequences do high ROA have for investors of China Northern Rare Earth Group High-Tech Co?

A high ROA is advantageous for investors of China Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech Co?

A low ROA can be unfavorable for investors of China Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech Co affect the company?

An increase in ROA of China Northern Rare Earth Group High-Tech Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Northern Rare Earth Group High-Tech Co impact the company?

A reduction in the ROA of China Northern Rare Earth Group High-Tech Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Northern Rare Earth Group High-Tech Co?

Some factors that can influence the ROA of China Northern Rare Earth Group High-Tech Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Northern Rare Earth Group High-Tech Co important for investors?

The ROA of China Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech Co take to improve ROA?

To improve ROA, China Northern Rare Earth Group High-Tech 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 Northern Rare Earth Group High-Tech Co pay?

Over the past 12 months, China Northern Rare Earth Group High-Tech Co paid a dividend of 0.17 CNY . This corresponds to a dividend yield of about 0.77 %. For the coming 12 months, China Northern Rare Earth Group High-Tech Co is expected to pay a dividend of 0.21 CNY.

What is the dividend yield of China Northern Rare Earth Group High-Tech Co?

The current dividend yield of China Northern Rare Earth Group High-Tech Co is 0.77 %.

When does China Northern Rare Earth Group High-Tech Co pay dividends?

China Northern Rare Earth Group High-Tech Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of China Northern Rare Earth Group High-Tech Co?

China Northern Rare Earth Group High-Tech Co paid dividends every year for the past 6 years.

What is the dividend of China Northern Rare Earth Group High-Tech Co?

For the upcoming 12 months, dividends amounting to 0.21 CNY are expected. This corresponds to a dividend yield of 0.95 %.

In which sector is China Northern Rare Earth Group High-Tech Co located?

China Northern Rare Earth Group High-Tech Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von China Northern Rare Earth Group High-Tech Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Northern Rare Earth Group High-Tech Co from 6/21/2024 amounting to 0.07 CNY, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did China Northern Rare Earth Group High-Tech Co pay the last dividend?

The last dividend was paid out on 6/21/2024.

What was the dividend of China Northern Rare Earth Group High-Tech Co in the year 2023?

In the year 2023, China Northern Rare Earth Group High-Tech Co distributed 0.445 CNY as dividends.

In which currency does China Northern Rare Earth Group High-Tech Co pay out the dividend?

The dividends of China Northern Rare Earth Group High-Tech Co are distributed in CNY.

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