China Steel Chemical Stock

China Steel Chemical ROA 2024

China Steel Chemical ROA

0.13

Ticker

1723.TW

ISIN

TW0001723005

In 2024, China Steel Chemical's return on assets (ROA) was 0.13, a -16.98% increase from the 0.15 ROA in the previous year.

China Steel Chemical Aktienanalyse

What does China Steel Chemical do?

China Steel Chemical Corp is a Taiwanese company operating in the chemical industry. It was established in 1973 as a subsidiary of China Steel Corporation and is headquartered in Kaohsiung, Taiwan. The history of China Steel Chemical Corp is closely linked to the development of the Taiwanese economy. In the 1970s, Taiwan experienced rapid economic growth driven by a dynamic chemical industry. China Steel Chemical Corp was established to support this growth by meeting the demand for chemical products in the growing industry. Since its establishment, China Steel Chemical Corp has become a leading manufacturer of chemical products in Taiwan. The company is divided into various business divisions, including petrochemicals, plastics, specialty chemicals, dyes, and resins. In the petrochemicals division, the company produces a wide range of products, including various types of ethylene, propylene, butadiene, and benzene. These products serve as raw materials for many other chemical products and are therefore crucial to the entire chemical industry. In the plastics division, China Steel Chemical Corp produces high-quality thermoplastic polymers such as polypropylene (PP), polyethylene (PE), and polystyrene (PS). These products are used in the manufacturing of plastic products such as packaging, automotive parts, electronic components, and many other applications. Another important business division of the company is specialty chemicals. Here, China Steel Chemical Corp produces various types of chemicals used in the electronics and semiconductor industry, including high-purity cleaning agents, photoactive substances, and materials for coating printed circuit boards. The company also manufactures dyes and resins, which find applications in various industries, including printing and dyeing technology, as well as the manufacturing of rubber and plastic products. China Steel Chemical Corp places great emphasis on quality and innovation. The company continuously invests in research and development to improve its products and develop new ones. Additionally, the company is committed to environmental protection and implements various measures to minimize the environmental impact of its production. Overall, China Steel Chemical Corp is a significant player in the Taiwanese chemical industry and a leading manufacturer of chemical products in Asia. With its wide range of products and strong emphasis on quality and innovation, the company is well-positioned to continue growing and expanding its presence on a global scale. China Steel Chemical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Steel Chemical's Return on Assets (ROA)

China Steel Chemical'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 Steel Chemical'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 Steel Chemical'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 Steel Chemical’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 Steel Chemical stock

What is the Return on Assets (ROA) of China Steel Chemical this year?

The Return on Assets (ROA) of China Steel Chemical is 0.13 undefined this year.

What was the ROA of China Steel Chemical compared to the previous year?

The ROA of China Steel Chemical has increased by -16.98% compared to the previous year.

What consequences do high ROA have for investors of China Steel Chemical?

A high ROA is advantageous for investors of China Steel Chemical, 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 Steel Chemical?

A low ROA can be unfavorable for investors of China Steel Chemical 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 Steel Chemical affect the company?

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

How does a reduction in ROA of China Steel Chemical impact the company?

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

What are some factors that can influence the ROA of China Steel Chemical?

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

Why is the ROA of China Steel Chemical important for investors?

The ROA of China Steel Chemical 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 Steel Chemical take to improve ROA?

To improve ROA, China Steel Chemical 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 Steel Chemical pay?

Over the past 12 months, China Steel Chemical paid a dividend of 5 TWD . This corresponds to a dividend yield of about 5.03 %. For the coming 12 months, China Steel Chemical is expected to pay a dividend of 5.31 TWD.

What is the dividend yield of China Steel Chemical?

The current dividend yield of China Steel Chemical is 5.03 %.

When does China Steel Chemical pay dividends?

China Steel Chemical pays a quarterly dividend. This is distributed in the months of September, August, August, August.

How secure is the dividend of China Steel Chemical?

China Steel Chemical paid dividends every year for the past 22 years.

What is the dividend of China Steel Chemical?

For the upcoming 12 months, dividends amounting to 5.31 TWD are expected. This corresponds to a dividend yield of 5.34 %.

In which sector is China Steel Chemical located?

China Steel Chemical is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von China Steel Chemical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Steel Chemical from 8/9/2024 amounting to 4 TWD, you needed to have the stock in your portfolio before the ex-date on 7/11/2024.

When did China Steel Chemical pay the last dividend?

The last dividend was paid out on 8/9/2024.

What was the dividend of China Steel Chemical in the year 2023?

In the year 2023, China Steel Chemical distributed 4 TWD as dividends.

In which currency does China Steel Chemical pay out the dividend?

The dividends of China Steel Chemical are distributed in TWD.

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Andere Kennzahlen von China Steel Chemical

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