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.
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'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.
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.
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.
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.
The Return on Assets (ROA) of China Steel Chemical is 0.13 undefined this year.
The ROA of China Steel Chemical has increased by -16.98% compared to the previous year.
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.
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.
An increase in ROA of China Steel Chemical can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of China Steel Chemical can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of China Steel Chemical include revenue, operating costs, asset structure, and industry average.
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.
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.
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.
The current dividend yield of China Steel Chemical is 5.03 %.
China Steel Chemical pays a quarterly dividend. This is distributed in the months of September, August, August, August.
China Steel Chemical paid dividends every year for the past 22 years.
For the upcoming 12 months, dividends amounting to 5.31 TWD are expected. This corresponds to a dividend yield of 5.34 %.
China Steel Chemical is assigned to the 'Commodities' sector.
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.
The last dividend was paid out on 8/9/2024.
In the year 2023, China Steel Chemical distributed 4 TWD as dividends.
The dividends of China Steel Chemical are distributed in TWD.
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.