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Chongqing Machinery & Electric Co Stock

Chongqing Machinery & Electric Co ROA 2024

Chongqing Machinery & Electric Co ROA

0.02

Ticker

2722.HK

ISIN

CNE1000009W5

WKN

A0Q29M

In 2024, Chongqing Machinery & Electric Co's return on assets (ROA) was 0.02, a -3.59% increase from the 0.02 ROA in the previous year.

Chongqing Machinery & Electric Co Aktienanalyse

What does Chongqing Machinery & Electric Co do?

Chongqing Machinery & Electric Co Ltd is a Chinese company that was founded in 1937. The company is headquartered in Chongqing, China and currently employs over 12,000 employees. The company specializes in the manufacture of various machinery and electrical equipment. The company's product range includes engines, generators, pumps, steam turbines, transformers, and many other machines and devices. The core business of the company is the production of machinery for power generation. The company manufactures both conventional and renewable energy systems. The renewable energy systems include wind power plants, hydropower plants, and solar power plants. The conventional energy systems include coal-fired power plants, gas and oil-fired power plants, and nuclear power plants. The company also has a strong presence in heavy industry. It provides products for the production of steel, chemical products, mechanical engineering, and other industrial applications. The company is also an important supplier to the Chinese defense industry. It produces military components and systems such as missiles, aircraft, and ships. During the 1980s, the company took a more international approach and began selling its products on the global market. Today, the company has customers and partners in many countries worldwide, including India, Russia, and South Africa. The company invests heavily in research and development to stay competitive. Chongqing Machinery & Electric Co Ltd has several technology-oriented research institutes where new technologies and products are being researched. Chongqing Machinery & Electric Co Ltd is a large company with a long history and a wide range of products. The company specializes in the production of machinery and equipment for power generation, heavy industry, defense industry, and other applications. It is a major player in the Chinese industry and also has a strong presence in the international market. Chongqing Machinery & Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Chongqing Machinery & Electric Co's Return on Assets (ROA)

Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co stock

What is the Return on Assets (ROA) of Chongqing Machinery & Electric Co this year?

The Return on Assets (ROA) of Chongqing Machinery & Electric Co is 0.02 undefined this year.

What was the ROA of Chongqing Machinery & Electric Co compared to the previous year?

The ROA of Chongqing Machinery & Electric Co has increased by -3.59% compared to the previous year.

What consequences do high ROA have for investors of Chongqing Machinery & Electric Co?

A high ROA is advantageous for investors of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co?

A low ROA can be unfavorable for investors of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co affect the company?

An increase in ROA of Chongqing Machinery & Electric Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Chongqing Machinery & Electric Co impact the company?

A reduction in the ROA of Chongqing Machinery & Electric Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Chongqing Machinery & Electric Co?

Some factors that can influence the ROA of Chongqing Machinery & Electric Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Chongqing Machinery & Electric Co important for investors?

The ROA of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co take to improve ROA?

To improve ROA, Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co pay?

Over the past 12 months, Chongqing Machinery & Electric Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 6.81 %. For the coming 12 months, Chongqing Machinery & Electric Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Chongqing Machinery & Electric Co?

The current dividend yield of Chongqing Machinery & Electric Co is 6.81 %.

When does Chongqing Machinery & Electric Co pay dividends?

Chongqing Machinery & Electric Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Chongqing Machinery & Electric Co?

Chongqing Machinery & Electric Co paid dividends every year for the past 14 years.

What is the dividend of Chongqing Machinery & Electric Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 6.81 %.

In which sector is Chongqing Machinery & Electric Co located?

Chongqing Machinery & Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Chongqing Machinery & Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chongqing Machinery & Electric Co from 7/26/2024 amounting to 0.022 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Chongqing Machinery & Electric Co pay the last dividend?

The last dividend was paid out on 7/26/2024.

What was the dividend of Chongqing Machinery & Electric Co in the year 2023?

In the year 2023, Chongqing Machinery & Electric Co distributed 0.035 CNY as dividends.

In which currency does Chongqing Machinery & Electric Co pay out the dividend?

The dividends of Chongqing Machinery & Electric Co are distributed in CNY.

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Andere Kennzahlen von Chongqing Machinery & Electric Co

Our stock analysis for Chongqing Machinery & Electric Co 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 Chongqing Machinery & Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.