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Comfort Gloves Bhd Stock

Comfort Gloves Bhd ROA 2024

Comfort Gloves Bhd ROA

-0.04

Ticker

COMFORT.KL

ISIN

MYL2127OO008

In 2024, Comfort Gloves Bhd's return on assets (ROA) was -0.04, a -10.59% increase from the -0.04 ROA in the previous year.

Comfort Gloves Bhd Aktienanalyse

What does Comfort Gloves Bhd do?

Comfort Gloves Bhd is a manufacturer of medical gloves based in Malaysia. The company was founded in 1987 and has a longstanding reputation for quality and innovation in the medical gloves market. Comfort Gloves' business model is based on the production of medical gloves and selling them to retailers as well as directly to medical facilities. However, the company also produces gloves for industrial use and general use. Comfort Gloves has a wide range of glove products that meet all international standards, including ASTM and EN. The products include latex gloves, nitrile gloves, vinyl gloves, and chlorinated gloves. The medical gloves division is the main source of revenue for Comfort Gloves. The company produces a wide range of medical gloves that meet the high demands of the healthcare industry. This includes disposable and sterile gloves for use in hospitals and clinics, as well as examination gloves for use in dentistry, laboratories, and veterinary facilities. Comfort Gloves also has an industrial gloves division. These gloves are specifically designed for use in the industry and manufacturing, providing protection when working with chemicals, oils, and other hazardous substances. This includes nitrile and latex gloves. The general gloves division is a relatively new area for Comfort Gloves. Here, gloves for everyday use are manufactured, such as gardening gloves and cleaning gloves. The gloves are made from vinyl and nitrile materials and are available in various colors and sizes. Comfort and fit are important features of Comfort Gloves. The gloves are designed to allow high mobility of the hands and fingers without compromising on fit and protective performance. Comfort Gloves uses high-quality materials to ensure that its gloves are comfortable and safe to wear while providing high protection. Comfort Gloves has a strong presence in the international medical gloves market. The company supplies customers worldwide, including Europe, North and South America, and Asia, and works closely with customers to tailor the gloves to the needs and requirements of each market. Overall, Comfort Gloves has built a reputation as a company that offers high-quality and innovative products in the field of medical gloves. With a wide range of products for medical, industrial, and general applications, the company is well-prepared for the future. Comfort Gloves Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Comfort Gloves Bhd's Return on Assets (ROA)

Comfort Gloves Bhd'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 Comfort Gloves Bhd'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 Comfort Gloves Bhd'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 Comfort Gloves Bhd’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 Comfort Gloves Bhd stock

What is the Return on Assets (ROA) of Comfort Gloves Bhd this year?

The Return on Assets (ROA) of Comfort Gloves Bhd is -0.04 undefined this year.

What was the ROA of Comfort Gloves Bhd compared to the previous year?

The ROA of Comfort Gloves Bhd has increased by -10.59% compared to the previous year.

What consequences do high ROA have for investors of Comfort Gloves Bhd?

A high ROA is advantageous for investors of Comfort Gloves Bhd, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Comfort Gloves Bhd?

A low ROA can be unfavorable for investors of Comfort Gloves Bhd 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 Comfort Gloves Bhd affect the company?

An increase in ROA of Comfort Gloves Bhd can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Comfort Gloves Bhd impact the company?

A reduction in the ROA of Comfort Gloves Bhd can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Comfort Gloves Bhd?

Some factors that can influence the ROA of Comfort Gloves Bhd include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Comfort Gloves Bhd important for investors?

The ROA of Comfort Gloves Bhd 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 Comfort Gloves Bhd take to improve ROA?

To improve ROA, Comfort Gloves Bhd 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 Comfort Gloves Bhd pay?

Over the past 12 months, Comfort Gloves Bhd paid a dividend of 0.08 MYR . This corresponds to a dividend yield of about 15.63 %. For the coming 12 months, Comfort Gloves Bhd is expected to pay a dividend of 0.01 MYR.

What is the dividend yield of Comfort Gloves Bhd?

The current dividend yield of Comfort Gloves Bhd is 15.63 %.

When does Comfort Gloves Bhd pay dividends?

Comfort Gloves Bhd pays a quarterly dividend. This is distributed in the months of September, April, August, November.

How secure is the dividend of Comfort Gloves Bhd?

Comfort Gloves Bhd paid dividends every year for the past 3 years.

What is the dividend of Comfort Gloves Bhd?

For the upcoming 12 months, dividends amounting to 0.01 MYR are expected. This corresponds to a dividend yield of 1.54 %.

In which sector is Comfort Gloves Bhd located?

Comfort Gloves Bhd is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Comfort Gloves Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Comfort Gloves Bhd from 10/22/2021 amounting to 0.02 MYR, you needed to have the stock in your portfolio before the ex-date on 10/7/2021.

When did Comfort Gloves Bhd pay the last dividend?

The last dividend was paid out on 10/22/2021.

What was the dividend of Comfort Gloves Bhd in the year 2023?

In the year 2023, Comfort Gloves Bhd distributed 0 MYR as dividends.

In which currency does Comfort Gloves Bhd pay out the dividend?

The dividends of Comfort Gloves Bhd are distributed in MYR.

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Andere Kennzahlen von Comfort Gloves Bhd

Our stock analysis for Comfort Gloves Bhd 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 Comfort Gloves Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.