Chongqing Zaisheng Technology Co Stock

Chongqing Zaisheng Technology Co ROA 2024

Chongqing Zaisheng Technology Co ROA

0.01

Ticker

603601.SS

ISIN

CNE100001V29

In 2024, Chongqing Zaisheng Technology Co's return on assets (ROA) was 0.01, a -72.08% increase from the 0.04 ROA in the previous year.

Chongqing Zaisheng Technology Co Aktienanalyse

What does Chongqing Zaisheng Technology Co do?

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ROA Details

Understanding Chongqing Zaisheng Technology Co's Return on Assets (ROA)

Chongqing Zaisheng Technology 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 Zaisheng Technology 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 Zaisheng Technology 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 Zaisheng Technology 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 Zaisheng Technology Co stock

What is the Return on Assets (ROA) of Chongqing Zaisheng Technology Co this year?

The Return on Assets (ROA) of Chongqing Zaisheng Technology Co is 0.01 undefined this year.

What was the ROA of Chongqing Zaisheng Technology Co compared to the previous year?

The ROA of Chongqing Zaisheng Technology Co has increased by -72.08% compared to the previous year.

What consequences do high ROA have for investors of Chongqing Zaisheng Technology Co?

A high ROA is advantageous for investors of Chongqing Zaisheng Technology 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 Zaisheng Technology Co?

A low ROA can be unfavorable for investors of Chongqing Zaisheng Technology 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 Zaisheng Technology Co affect the company?

An increase in ROA of Chongqing Zaisheng Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Chongqing Zaisheng Technology Co impact the company?

A reduction in the ROA of Chongqing Zaisheng Technology Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Chongqing Zaisheng Technology Co?

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

Why is the ROA of Chongqing Zaisheng Technology Co important for investors?

The ROA of Chongqing Zaisheng Technology 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 Zaisheng Technology Co take to improve ROA?

To improve ROA, Chongqing Zaisheng Technology 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 Zaisheng Technology Co pay?

Over the past 12 months, Chongqing Zaisheng Technology Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Chongqing Zaisheng Technology Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of Chongqing Zaisheng Technology Co?

The current dividend yield of Chongqing Zaisheng Technology Co is 1.69 %.

When does Chongqing Zaisheng Technology Co pay dividends?

Chongqing Zaisheng Technology Co pays a quarterly dividend. This is distributed in the months of May, July, July, October.

How secure is the dividend of Chongqing Zaisheng Technology Co?

Chongqing Zaisheng Technology Co paid dividends every year for the past 9 years.

What is the dividend of Chongqing Zaisheng Technology Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 1.75 %.

In which sector is Chongqing Zaisheng Technology Co located?

Chongqing Zaisheng Technology Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Chongqing Zaisheng Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chongqing Zaisheng Technology Co from 9/3/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.

When did Chongqing Zaisheng Technology Co pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of Chongqing Zaisheng Technology Co in the year 2023?

In the year 2023, Chongqing Zaisheng Technology Co distributed 0.075 CNY as dividends.

In which currency does Chongqing Zaisheng Technology Co pay out the dividend?

The dividends of Chongqing Zaisheng Technology Co are distributed in CNY.

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Andere Kennzahlen von Chongqing Zaisheng Technology Co

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