Daido Steel Co Stock

Daido Steel Co ROA 2024

Daido Steel Co ROA

0.04

Ticker

5471.T

ISIN

JP3491000000

WKN

864104

In 2024, Daido Steel Co's return on assets (ROA) was 0.04, a 4.89% increase from the 0.04 ROA in the previous year.

Daido Steel Co Aktienanalyse

What does Daido Steel Co do?

The company Daido Steel Co Ltd is a Japanese company that is one of the largest manufacturers of specialty steel worldwide. Founded in 1916, Daido Steel has always specialized in producing high-quality steels. However, the history dates back much further: in 1661, an ironworks was established near Nagoya by the Tokugawa family in Japan – later becoming the Daido Steel company. The company offers its products in various sectors. One of them is the automotive segment, in which Daido Steel has been a leading manufacturer of crankshafts for decades. Over the years, the company has perfected its expertise in steel and mechanical machining of components, making it a preferred supplier for numerous premium automakers. Another business area for Daido Steel is the aerospace sector. Here, the Japanese have established themselves as manufacturers of high-quality steel used for engine applications. Daido Steel focuses on lightweight construction given the high requirements for weight and performance in aviation. But Daido Steel's comprehensive knowledge and know-how are also utilized in the field of mechanical engineering and engines. The high-quality material is used in the production of machine tools, components for diesel engines, and hydrodynamics components. Another important aspect of Daido Steel's portfolio is specialty steel for cutting tools. These materials are designed to meet the high requirements for cutting metals and plastics. To optimize the performance of cutting tools, the company employs advanced alloying processes. Not only do the different sectors demonstrate the diversity of Daido Steel's product range, but there is also a wide variety of products offered at the individual product level. The company produces profiles, round bars, raw materials, and customized components made from specialty steel. The steel production at Daido Steel has undergone significant changes throughout the company's history – nowadays, it relies on high automation and state-of-the-art facilities. The business model is based on leveraging its own know-how in steel production and mechanical machining of components to meet the growing demand for technologically advanced steel products. By focusing on high-quality specialty steels and leveraging modern technology, Daido Steel Co Ltd has established itself as a globally significant provider in this segment. Daido Steel Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Daido Steel Co's Return on Assets (ROA)

Daido Steel 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 Daido Steel 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 Daido Steel 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 Daido Steel 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 Daido Steel Co stock

What is the Return on Assets (ROA) of Daido Steel Co this year?

The Return on Assets (ROA) of Daido Steel Co is 0.04 undefined this year.

What was the ROA of Daido Steel Co compared to the previous year?

The ROA of Daido Steel Co has increased by 4.89% compared to the previous year.

What consequences do high ROA have for investors of Daido Steel Co?

A high ROA is advantageous for investors of Daido Steel 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 Daido Steel Co?

A low ROA can be unfavorable for investors of Daido Steel 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 Daido Steel Co affect the company?

An increase in ROA of Daido Steel Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Daido Steel Co impact the company?

A reduction in the ROA of Daido Steel Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Daido Steel Co?

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

Why is the ROA of Daido Steel Co important for investors?

The ROA of Daido Steel 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 Daido Steel Co take to improve ROA?

To improve ROA, Daido Steel 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 Daido Steel Co pay?

Over the past 12 months, Daido Steel Co paid a dividend of 47 JPY . This corresponds to a dividend yield of about 3.42 %. For the coming 12 months, Daido Steel Co is expected to pay a dividend of 42.25 JPY.

What is the dividend yield of Daido Steel Co?

The current dividend yield of Daido Steel Co is 3.42 %.

When does Daido Steel Co pay dividends?

Daido Steel Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Daido Steel Co?

Daido Steel Co paid dividends every year for the past 23 years.

What is the dividend of Daido Steel Co?

For the upcoming 12 months, dividends amounting to 42.25 JPY are expected. This corresponds to a dividend yield of 3.08 %.

In which sector is Daido Steel Co located?

Daido Steel Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Daido Steel Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Daido Steel Co from 12/1/2024 amounting to 21 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Daido Steel Co pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Daido Steel Co in the year 2023?

In the year 2023, Daido Steel Co distributed 230 JPY as dividends.

In which currency does Daido Steel Co pay out the dividend?

The dividends of Daido Steel Co are distributed in JPY.

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Andere Kennzahlen von Daido Steel Co

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