What is the Return on Assets (ROA) of Digital China Group Co this year?
The Return on Assets (ROA) of Digital China Group Co is 0.03 undefined this year.
Digital China Group Co ROA 2024
Digital China Group Co ROA
0.03
Ticker
000034.SZ
ISIN
CNE000000DQ6
In 2024, Digital China Group Co's return on assets (ROA) was 0.03, a 4.53% increase from the 0.02 ROA in the previous year.
Digital China Group Co Aktienanalyse
What does Digital China Group Co do?
Digital China Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Digital China Group Co's Return on Assets (ROA)
Digital China Group 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 Digital China Group 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 Digital China Group 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 Digital China Group 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 Digital China Group Co Stock
What was the ROA of Digital China Group Co compared to the previous year?
The ROA of Digital China Group Co has increased by 4.53% compared to the previous year.
What consequences do high ROA have for investors of Digital China Group Co?
A high ROA is advantageous for investors of Digital China Group 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 Digital China Group Co?
A low ROA can be unfavorable for investors of Digital China Group 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 Digital China Group Co affect the company?
An increase in ROA of Digital China Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Digital China Group Co impact the company?
A reduction in the ROA of Digital China Group Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Digital China Group Co?
Some factors that can influence the ROA of Digital China Group Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Digital China Group Co important for investors?
The ROA of Digital China Group 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 Digital China Group Co take to improve ROA?
To improve ROA, Digital China Group 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 Digital China Group Co pay?
Over the past 12 months, Digital China Group Co paid a dividend of 0.45 CNY . This corresponds to a dividend yield of about 1.95 %. For the coming 12 months, Digital China Group Co is expected to pay a dividend of 0.49 CNY.
What is the dividend yield of Digital China Group Co?
The current dividend yield of Digital China Group Co is 1.95 %.
When does Digital China Group Co pay dividends?
Digital China Group Co pays a quarterly dividend. This is distributed in the months of May, June, June, June.
How secure is the dividend of Digital China Group Co?
Digital China Group Co paid dividends every year for the past 9 years.
What is the dividend of Digital China Group Co?
For the upcoming 12 months, dividends amounting to 0.49 CNY are expected. This corresponds to a dividend yield of 2.14 %.
In which sector is Digital China Group Co located?
Digital China Group Co is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Digital China Group Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Digital China Group Co from 5/6/2024 amounting to 0.446 CNY, you needed to have the stock in your portfolio before the ex-date on 5/6/2024.
When did Digital China Group Co pay the last dividend?
The last dividend was paid out on 5/6/2024.
What was the dividend of Digital China Group Co in the year 2023?
In the year 2023, Digital China Group Co distributed 0.192 CNY as dividends.
In which currency does Digital China Group Co pay out the dividend?
The dividends of Digital China Group Co are distributed in CNY.
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Andere Kennzahlen von Digital China Group Co
Our stock analysis for Digital China Group 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 Digital China Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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