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GSP Automotive Group Wenzhou Co Stock

GSP Automotive Group Wenzhou Co ROA 2024

GSP Automotive Group Wenzhou Co ROA

0.06

Ticker

605088.SS

ISIN

CNE1000043Z7

In 2024, GSP Automotive Group Wenzhou Co's return on assets (ROA) was 0.06, a -14.5% increase from the 0.08 ROA in the previous year.

GSP Automotive Group Wenzhou Co Aktienanalyse

What does GSP Automotive Group Wenzhou Co do?

GSP Automotive Group Wenzhou Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding GSP Automotive Group Wenzhou Co's Return on Assets (ROA)

GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou Co stock

What is the Return on Assets (ROA) of GSP Automotive Group Wenzhou Co this year?

The Return on Assets (ROA) of GSP Automotive Group Wenzhou Co is 0.06 undefined this year.

What was the ROA of GSP Automotive Group Wenzhou Co compared to the previous year?

The ROA of GSP Automotive Group Wenzhou Co has increased by -14.5% compared to the previous year.

What consequences do high ROA have for investors of GSP Automotive Group Wenzhou Co?

A high ROA is advantageous for investors of GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou Co?

A low ROA can be unfavorable for investors of GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou Co affect the company?

An increase in ROA of GSP Automotive Group Wenzhou Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of GSP Automotive Group Wenzhou Co impact the company?

A reduction in the ROA of GSP Automotive Group Wenzhou Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of GSP Automotive Group Wenzhou Co?

Some factors that can influence the ROA of GSP Automotive Group Wenzhou Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of GSP Automotive Group Wenzhou Co important for investors?

The ROA of GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou Co take to improve ROA?

To improve ROA, GSP Automotive Group Wenzhou 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 GSP Automotive Group Wenzhou Co pay?

Over the past 12 months, GSP Automotive Group Wenzhou Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 2.59 %. For the coming 12 months, GSP Automotive Group Wenzhou Co is expected to pay a dividend of 0.55 CNY.

What is the dividend yield of GSP Automotive Group Wenzhou Co?

The current dividend yield of GSP Automotive Group Wenzhou Co is 2.59 %.

When does GSP Automotive Group Wenzhou Co pay dividends?

GSP Automotive Group Wenzhou Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of GSP Automotive Group Wenzhou Co?

GSP Automotive Group Wenzhou Co paid dividends every year for the past 7 years.

What is the dividend of GSP Automotive Group Wenzhou Co?

For the upcoming 12 months, dividends amounting to 0.55 CNY are expected. This corresponds to a dividend yield of 2.86 %.

In which sector is GSP Automotive Group Wenzhou Co located?

GSP Automotive Group Wenzhou Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von GSP Automotive Group Wenzhou Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of GSP Automotive Group Wenzhou Co from 6/18/2024 amounting to 0.6 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did GSP Automotive Group Wenzhou Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of GSP Automotive Group Wenzhou Co in the year 2023?

In the year 2023, GSP Automotive Group Wenzhou Co distributed 0.3 CNY as dividends.

In which currency does GSP Automotive Group Wenzhou Co pay out the dividend?

The dividends of GSP Automotive Group Wenzhou Co are distributed in CNY.

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Andere Kennzahlen von GSP Automotive Group Wenzhou Co

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