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China Tourism Group Duty Free Corp - Stock

China Tourism Group Duty Free Corp ROA 2024

China Tourism Group Duty Free Corp ROA

0.09

Ticker

601888.SS

ISIN

CNE100000G29

WKN

A1CYX6

In 2024, China Tourism Group Duty Free Corp's return on assets (ROA) was 0.09, a 28.45% increase from the 0.07 ROA in the previous year.

China Tourism Group Duty Free Corp Aktienanalyse

What does China Tourism Group Duty Free Corp do?

China Tourism Group Duty Free Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Tourism Group Duty Free Corp's Return on Assets (ROA)

China Tourism Group Duty Free Corp'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 Tourism Group Duty Free Corp'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 Tourism Group Duty Free Corp'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 Tourism Group Duty Free Corp’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 Tourism Group Duty Free Corp Stock

What is the Return on Assets (ROA) of China Tourism Group Duty Free Corp this year?

The Return on Assets (ROA) of China Tourism Group Duty Free Corp is 0.09 undefined this year.

What was the ROA of China Tourism Group Duty Free Corp compared to the previous year?

The ROA of China Tourism Group Duty Free Corp has increased by 28.45% compared to the previous year.

What consequences do high ROA have for investors of China Tourism Group Duty Free Corp?

A high ROA is advantageous for investors of China Tourism Group Duty Free Corp, 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 Tourism Group Duty Free Corp?

A low ROA can be unfavorable for investors of China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp affect the company?

An increase in ROA of China Tourism Group Duty Free Corp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Tourism Group Duty Free Corp impact the company?

A reduction in the ROA of China Tourism Group Duty Free Corp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Tourism Group Duty Free Corp?

Some factors that can influence the ROA of China Tourism Group Duty Free Corp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Tourism Group Duty Free Corp important for investors?

The ROA of China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp take to improve ROA?

To improve ROA, China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp pay?

Over the past 12 months, China Tourism Group Duty Free Corp paid a dividend of 0.8 CNY . This corresponds to a dividend yield of about 1.28 %. For the coming 12 months, China Tourism Group Duty Free Corp is expected to pay a dividend of 0.85 CNY.

What is the dividend yield of China Tourism Group Duty Free Corp?

The current dividend yield of China Tourism Group Duty Free Corp is 1.28 %.

When does China Tourism Group Duty Free Corp pay dividends?

China Tourism Group Duty Free Corp pays a quarterly dividend. This is distributed in the months of August, July, August, August.

How secure is the dividend of China Tourism Group Duty Free Corp?

China Tourism Group Duty Free Corp paid dividends every year for the past 16 years.

What is the dividend of China Tourism Group Duty Free Corp?

For the upcoming 12 months, dividends amounting to 0.85 CNY are expected. This corresponds to a dividend yield of 1.35 %.

In which sector is China Tourism Group Duty Free Corp located?

China Tourism Group Duty Free Corp is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von China Tourism Group Duty Free Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Tourism Group Duty Free Corp from 7/21/2023 amounting to 0.8 CNY, you needed to have the stock in your portfolio before the ex-date on 7/21/2023.

When did China Tourism Group Duty Free Corp pay the last dividend?

The last dividend was paid out on 7/21/2023.

What was the dividend of China Tourism Group Duty Free Corp in the year 2023?

In the year 2023, China Tourism Group Duty Free Corp distributed 1.5 CNY as dividends.

In which currency does China Tourism Group Duty Free Corp pay out the dividend?

The dividends of China Tourism Group Duty Free Corp are distributed in CNY.

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Andere Kennzahlen von China Tourism Group Duty Free Corp

Our stock analysis for China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.