China Traditional Chinese Medicine Holdings Co Stock

China Traditional Chinese Medicine Holdings Co ROA 2024

China Traditional Chinese Medicine Holdings Co ROA

0.03

Ticker

570.HK

ISIN

HK0000056256

In 2024, China Traditional Chinese Medicine Holdings Co's return on assets (ROA) was 0.03, a 61.62% increase from the 0.02 ROA in the previous year.

China Traditional Chinese Medicine Holdings Co Aktienanalyse

What does China Traditional Chinese Medicine Holdings Co do?

China Traditional Chinese Medicine Holdings Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Traditional Chinese Medicine Holdings Co's Return on Assets (ROA)

China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co stock

What is the Return on Assets (ROA) of China Traditional Chinese Medicine Holdings Co this year?

The Return on Assets (ROA) of China Traditional Chinese Medicine Holdings Co is 0.03 undefined this year.

What was the ROA of China Traditional Chinese Medicine Holdings Co compared to the previous year?

The ROA of China Traditional Chinese Medicine Holdings Co has increased by 61.62% compared to the previous year.

What consequences do high ROA have for investors of China Traditional Chinese Medicine Holdings Co?

A high ROA is advantageous for investors of China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co?

A low ROA can be unfavorable for investors of China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co affect the company?

An increase in ROA of China Traditional Chinese Medicine Holdings Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Traditional Chinese Medicine Holdings Co impact the company?

A reduction in the ROA of China Traditional Chinese Medicine Holdings Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Traditional Chinese Medicine Holdings Co?

Some factors that can influence the ROA of China Traditional Chinese Medicine Holdings Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Traditional Chinese Medicine Holdings Co important for investors?

The ROA of China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co take to improve ROA?

To improve ROA, China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co pay?

Over the past 12 months, China Traditional Chinese Medicine Holdings Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, China Traditional Chinese Medicine Holdings Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of China Traditional Chinese Medicine Holdings Co?

The current dividend yield of China Traditional Chinese Medicine Holdings Co is 2.34 %.

When does China Traditional Chinese Medicine Holdings Co pay dividends?

China Traditional Chinese Medicine Holdings Co pays a quarterly dividend. This is distributed in the months of July, October, July, July.

How secure is the dividend of China Traditional Chinese Medicine Holdings Co?

China Traditional Chinese Medicine Holdings Co paid dividends every year for the past 11 years.

What is the dividend of China Traditional Chinese Medicine Holdings Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 2.39 %.

In which sector is China Traditional Chinese Medicine Holdings Co located?

China Traditional Chinese Medicine Holdings Co is assigned to the 'Health' sector.

Wann musste ich die Aktien von China Traditional Chinese Medicine Holdings Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Traditional Chinese Medicine Holdings Co from 6/20/2023 amounting to 0.052 CNY, you needed to have the stock in your portfolio before the ex-date on 6/2/2023.

When did China Traditional Chinese Medicine Holdings Co pay the last dividend?

The last dividend was paid out on 6/20/2023.

What was the dividend of China Traditional Chinese Medicine Holdings Co in the year 2023?

In the year 2023, China Traditional Chinese Medicine Holdings Co distributed 0.074 CNY as dividends.

In which currency does China Traditional Chinese Medicine Holdings Co pay out the dividend?

The dividends of China Traditional Chinese Medicine Holdings Co are distributed in CNY.

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