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Ganfeng Lithium Group Co Stock

Ganfeng Lithium Group Co ROA 2024

Ganfeng Lithium Group Co ROA

0.05

Ticker

002460.SZ

ISIN

CNE100000SF6

In 2024, Ganfeng Lithium Group Co's return on assets (ROA) was 0.05, a -79.17% increase from the 0.26 ROA in the previous year.

Ganfeng Lithium Group Co Aktienanalyse

What does Ganfeng Lithium Group Co do?

Ganfeng Lithium is a Chinese company that was founded in 2000. It specializes in the production of lithium products and other battery materials and is now one of the leading manufacturers worldwide. Ganfeng Lithium is located in Xinyu City in southeastern China and has experienced strong growth in recent years. The business model of Ganfeng Lithium is focused on being a comprehensive provider of lithium products and other battery materials. The company is divided into several business divisions, including lithium carbonate, lithium hydroxide, lithium metal, lithium aluminum sandwich, and battery materials. It also offers services such as research and development, exploration, and raw material procurement. The lithium carbonate business division is one of the most important for Ganfeng Lithium. Lithium carbonate is mainly used in the production of lithium-ion batteries, which are used in electric vehicles and other applications. The company also produces various types of lithium hydroxide used in battery manufacturing. Lithium metal is another important business division of Ganfeng Lithium. Lithium metal is a key component of batteries and is also used in other applications, such as aviation, where it is used in the production of lightweight metal products. Lithium aluminum sandwich is an innovative product of Ganfeng Lithium used in the production of lightweight components. It consists of a layer of lithium surrounded by an aluminum alloy, providing high stability and strength with low weight. In addition to the production of lithium products, Ganfeng Lithium also offers services in the area of raw material procurement. The company operates several lithium mining and exploration projects in various countries, including Argentina, Canada, and Australia. It also works closely with other companies and governments to ensure access to raw materials. Ganfeng Lithium strives to establish itself as a leading provider of lithium products and other battery materials. The company invests continuously in research and development to improve its products and prepare for upcoming technologies. It has also built strong partnerships with other companies to enhance access to technologies and raw materials. The company has experienced strong growth in recent years and is now a major player in the global market for lithium products. It aims to further expand and strengthen its position as a leading provider of battery materials. Ganfeng Lithium Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ganfeng Lithium Group Co's Return on Assets (ROA)

Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium Group Co stock

What is the Return on Assets (ROA) of Ganfeng Lithium Group Co this year?

The Return on Assets (ROA) of Ganfeng Lithium Group Co is 0.05 undefined this year.

What was the ROA of Ganfeng Lithium Group Co compared to the previous year?

The ROA of Ganfeng Lithium Group Co has increased by -79.17% compared to the previous year.

What consequences do high ROA have for investors of Ganfeng Lithium Group Co?

A high ROA is advantageous for investors of Ganfeng Lithium 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 Ganfeng Lithium Group Co?

A low ROA can be unfavorable for investors of Ganfeng Lithium 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 Ganfeng Lithium Group Co affect the company?

An increase in ROA of Ganfeng Lithium Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ganfeng Lithium Group Co impact the company?

A reduction in the ROA of Ganfeng Lithium Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ganfeng Lithium Group Co?

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

Why is the ROA of Ganfeng Lithium Group Co important for investors?

The ROA of Ganfeng Lithium 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 Ganfeng Lithium Group Co take to improve ROA?

To improve ROA, Ganfeng Lithium 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 Ganfeng Lithium Group Co pay?

Over the past 12 months, Ganfeng Lithium Group Co paid a dividend of 1 CNY . This corresponds to a dividend yield of about 3.19 %. For the coming 12 months, Ganfeng Lithium Group Co is expected to pay a dividend of 1.42 CNY.

What is the dividend yield of Ganfeng Lithium Group Co?

The current dividend yield of Ganfeng Lithium Group Co is 3.19 %.

When does Ganfeng Lithium Group Co pay dividends?

Ganfeng Lithium Group Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Ganfeng Lithium Group Co?

Ganfeng Lithium Group Co paid dividends every year for the past 17 years.

What is the dividend of Ganfeng Lithium Group Co?

For the upcoming 12 months, dividends amounting to 1.42 CNY are expected. This corresponds to a dividend yield of 4.53 %.

In which sector is Ganfeng Lithium Group Co located?

Ganfeng Lithium Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ganfeng Lithium Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ganfeng Lithium Group Co from 7/24/2024 amounting to 0.8 CNY, you needed to have the stock in your portfolio before the ex-date on 7/24/2024.

When did Ganfeng Lithium Group Co pay the last dividend?

The last dividend was paid out on 7/24/2024.

What was the dividend of Ganfeng Lithium Group Co in the year 2023?

In the year 2023, Ganfeng Lithium Group Co distributed 0.214 CNY as dividends.

In which currency does Ganfeng Lithium Group Co pay out the dividend?

The dividends of Ganfeng Lithium Group Co are distributed in CNY.

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Andere Kennzahlen von Ganfeng Lithium Group Co

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