DeTai New Energy Group Stock

DeTai New Energy Group ROA 2024

DeTai New Energy Group ROA

-0.14

Ticker

559.HK

ISIN

BMG2743V1028

In 2024, DeTai New Energy Group's return on assets (ROA) was -0.14, a -25.27% increase from the -0.19 ROA in the previous year.

DeTai New Energy Group Aktienanalyse

What does DeTai New Energy Group do?

DeTai New Energy Group Ltd is a Chinese company based in Hong Kong. The company was founded in 1998 and has quickly become a leading provider of renewable energy and energy efficiency technologies. Its goal is to create a sustainable energy future and improve quality of life for people. The company's business model is to develop smart technologies and solutions for practical use. It works closely with the government and other stakeholders to find solutions that meet customer requirements. DeTai New Energy Group Ltd offers a wide range of services and products for both residential and commercial use, divided into different business areas. Its photovoltaic business offers solar modules and systems for households, industries, and commercial buildings. The biomass business provides solutions for using renewable resources for energy production as an environmentally-friendly alternative to gas and coal. Additionally, the company focuses on energy efficiency, improving building insulation, and introducing energy-saving lighting systems. DeTai New Energy Group Ltd also participates in the construction and operation of power plants and utility grids, with a focus on developing and installing intelligent systems to improve energy efficiency. The company is engaged in research and development projects with universities and research institutes to develop innovative technologies and improve existing ones. Overall, DeTai New Energy Group Ltd is an innovative and future-oriented company that makes a significant contribution to energy supply and environmental protection. Its various business areas offer comprehensive services and products tailored to customer needs with the vision of creating a sustainable and livable world. DeTai New Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding DeTai New Energy Group's Return on Assets (ROA)

DeTai New Energy Group'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 DeTai New Energy Group'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 DeTai New Energy Group'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 DeTai New Energy Group’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 DeTai New Energy Group stock

What is the Return on Assets (ROA) of DeTai New Energy Group this year?

The Return on Assets (ROA) of DeTai New Energy Group is -0.14 undefined this year.

What was the ROA of DeTai New Energy Group compared to the previous year?

The ROA of DeTai New Energy Group has increased by -25.27% compared to the previous year.

What consequences do high ROA have for investors of DeTai New Energy Group?

A high ROA is advantageous for investors of DeTai New Energy Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in DeTai New Energy Group?

A low ROA can be unfavorable for investors of DeTai New Energy Group 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 DeTai New Energy Group affect the company?

An increase in ROA of DeTai New Energy Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of DeTai New Energy Group impact the company?

A reduction in the ROA of DeTai New Energy Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of DeTai New Energy Group?

Some factors that can influence the ROA of DeTai New Energy Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of DeTai New Energy Group important for investors?

The ROA of DeTai New Energy Group 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 DeTai New Energy Group take to improve ROA?

To improve ROA, DeTai New Energy Group 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 DeTai New Energy Group pay?

Over the past 12 months, DeTai New Energy Group paid a dividend of 0.03 HKD . This corresponds to a dividend yield of about 20.2 %. For the coming 12 months, DeTai New Energy Group is expected to pay a dividend of 0 HKD.

What is the dividend yield of DeTai New Energy Group?

The current dividend yield of DeTai New Energy Group is 20.2 %.

When does DeTai New Energy Group pay dividends?

DeTai New Energy Group pays a quarterly dividend. This is distributed in the months of July, July, December, June.

How secure is the dividend of DeTai New Energy Group?

DeTai New Energy Group paid dividends every year for the past 0 years.

What is the dividend of DeTai New Energy Group?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is DeTai New Energy Group located?

DeTai New Energy Group is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of DeTai New Energy Group from 5/17/2007 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 5/8/2007.

When did DeTai New Energy Group pay the last dividend?

The last dividend was paid out on 5/17/2007.

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

In the year 2023, DeTai New Energy Group distributed 0 HKD as dividends.

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

The dividends of DeTai New Energy Group are distributed in HKD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von DeTai New Energy Group

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