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Concord New Energy Group Stock

Concord New Energy Group ROE 2024

Concord New Energy Group ROE

0.12

Ticker

182.HK

ISIN

BMG2345T1099

WKN

A14QFY

In 2024, Concord New Energy Group's return on equity (ROE) was 0.12, a 4.52% increase from the 0.11 ROE in the previous year.

Concord New Energy Group Aktienanalyse

What does Concord New Energy Group do?

Concord New Energy Group Ltd is a globally operating company specializing in renewable energy sources. It was founded in 2000 with the goal of promoting the expansion of renewable energies and making a contribution to the reduction of CO2 emissions. The business model of Concord New Energy Group is based on the planning, development, operation, and management of wind and solar power plants. The company is active in various business areas. On the one hand, Concord develops and operates wind farms, mainly in China due to their central location. The other business area is the planning, development, and operation of solar power plants, mainly in Germany, Italy, and the USA. Concord New Energy Group has successfully implemented a variety of projects in the past, such as the construction of the "Yuhuan Islands Wind Power Project" in China, which was completed in 2013. This is a wind farm with a capacity of 1,515 MW, which was the largest offshore wind farm in the world at that time. In 2019, a 45 MW solar power plant was also completed in Vasto, Italy, which can meet the electricity needs of 23,000 households. However, the core business of Concord New Energy Group is not only the planning and construction of wind and solar power plants, but also the ongoing support and maintenance of the facilities. This includes monitoring and optimizing the operation of the plants, maintenance of technical components, and regular inspection by specialized personnel. In addition to the development, construction, and operation of wind and solar power plants, Concord is also involved in the research and development of new technologies in the field of renewable energies. This particularly focuses on the optimal use of natural resources such as wind, water, and sunlight. The goal is to optimize the ionosphere to achieve improved efficiency of the facilities. Overall, Concord New Energy Group is a globally operating company specializing in the use and development of renewable energy sources. The focus is on the planning, construction, and operation of wind and solar power plants in China, Germany, Italy, and the USA. The company has made it its mission to promote the expansion of renewable energies and make a contribution to the reduction of CO2 emissions. Through continuous research and further development of new technologies, Concord New Energy Group can act in a future-oriented manner and remain innovative. Concord New Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Concord New Energy Group's Return on Equity (ROE)

Concord New Energy Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Concord New Energy Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Concord New Energy Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Concord New Energy Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Concord New Energy Group stock

What is the ROE (Return on Equity) of Concord New Energy Group this year?

The ROE of Concord New Energy Group this year is 0.12 undefined.

How has the Return on Equity (ROE) of Concord New Energy Group developed compared to the previous year?

The ROE of Concord New Energy Group has increased by 4.52% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Concord New Energy Group?

A high ROE indicates that Concord New Energy Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Concord New Energy Group?

A low ROE can indicate that Concord New Energy Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Concord New Energy Group affect the company?

A change in ROE (Return on Equity) of Concord New Energy Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Concord New Energy Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Concord New Energy Group?

Some factors that can influence Concord New Energy Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Concord New Energy Group pay?

Over the past 12 months, Concord New Energy Group paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 6.48 %. For the coming 12 months, Concord New Energy Group is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Concord New Energy Group?

The current dividend yield of Concord New Energy Group is 6.48 %.

When does Concord New Energy Group pay dividends?

Concord New Energy Group pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Concord New Energy Group?

Concord New Energy Group paid dividends every year for the past 12 years.

What is the dividend of Concord New Energy Group?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 6.98 %.

In which sector is Concord New Energy Group located?

Concord New Energy Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Concord New Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Concord New Energy Group from 7/3/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Concord New Energy Group pay the last dividend?

The last dividend was paid out on 7/3/2024.

What was the dividend of Concord New Energy Group in the year 2023?

In the year 2023, Concord New Energy Group distributed 0.03 CNY as dividends.

In which currency does Concord New Energy Group pay out the dividend?

The dividends of Concord New Energy Group are distributed in CNY.

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Andere Kennzahlen von Concord New Energy Group

Our stock analysis for Concord New Energy Group 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 Concord New Energy Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.