What is the Return on Assets (ROA) of EGing Photovoltaic Technology Co this year?
The Return on Assets (ROA) of EGing Photovoltaic Technology Co is 0.01 undefined this year.
In 2024, EGing Photovoltaic Technology Co's return on assets (ROA) was 0.01, a -45.59% increase from the 0.01 ROA in the previous year.
EGing Photovoltaic Technology 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.
Comparing EGing Photovoltaic Technology 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.
Investors consider EGing Photovoltaic Technology 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.
Variations in EGing Photovoltaic Technology 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.
The Return on Assets (ROA) of EGing Photovoltaic Technology Co is 0.01 undefined this year.
The ROA of EGing Photovoltaic Technology Co has increased by -45.59% compared to the previous year.
A high ROA is advantageous for investors of EGing Photovoltaic Technology Co, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of EGing Photovoltaic Technology Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of EGing Photovoltaic Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of EGing Photovoltaic Technology Co can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of EGing Photovoltaic Technology Co include revenue, operating costs, asset structure, and industry average.
The ROA of EGing Photovoltaic Technology 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.
To improve ROA, EGing Photovoltaic Technology 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.
Over the past 12 months, EGing Photovoltaic Technology Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, EGing Photovoltaic Technology Co is expected to pay a dividend of 1.4 CNY.
The current dividend yield of EGing Photovoltaic Technology Co is 0.54 %.
EGing Photovoltaic Technology Co pays a quarterly dividend. This is distributed in the months of June, August, July, July.
EGing Photovoltaic Technology Co paid dividends every year for the past 2 years.
For the upcoming 12 months, dividends amounting to 1.4 CNY are expected. This corresponds to a dividend yield of 37.84 %.
EGing Photovoltaic Technology Co is assigned to the 'Information technology' sector.
To receive the latest dividend of EGing Photovoltaic Technology Co from 6/27/2019 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/27/2019.
The last dividend was paid out on 6/27/2019.
In the year 2023, EGing Photovoltaic Technology Co distributed 0 CNY as dividends.
The dividends of EGing Photovoltaic Technology Co are distributed in CNY.
Our stock analysis for EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.