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Ganzhou Tengyuan Cobalt New Material Co Stock

Ganzhou Tengyuan Cobalt New Material Co ROA 2024

Ganzhou Tengyuan Cobalt New Material Co ROA

0.04

Ticker

301219.SZ

ISIN

CNE1000058N1

In 2024, Ganzhou Tengyuan Cobalt New Material Co's return on assets (ROA) was 0.04, a 32.96% increase from the 0.03 ROA in the previous year.

Ganzhou Tengyuan Cobalt New Material Co Aktienanalyse

What does Ganzhou Tengyuan Cobalt New Material Co do?

Ganzhou Tengyuan Cobalt New Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ganzhou Tengyuan Cobalt New Material Co's Return on Assets (ROA)

Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co stock

What is the Return on Assets (ROA) of Ganzhou Tengyuan Cobalt New Material Co this year?

The Return on Assets (ROA) of Ganzhou Tengyuan Cobalt New Material Co is 0.04 undefined this year.

What was the ROA of Ganzhou Tengyuan Cobalt New Material Co compared to the previous year?

The ROA of Ganzhou Tengyuan Cobalt New Material Co has increased by 32.96% compared to the previous year.

What consequences do high ROA have for investors of Ganzhou Tengyuan Cobalt New Material Co?

A high ROA is advantageous for investors of Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co?

A low ROA can be unfavorable for investors of Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co affect the company?

An increase in ROA of Ganzhou Tengyuan Cobalt New Material Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ganzhou Tengyuan Cobalt New Material Co impact the company?

A reduction in the ROA of Ganzhou Tengyuan Cobalt New Material Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ganzhou Tengyuan Cobalt New Material Co?

Some factors that can influence the ROA of Ganzhou Tengyuan Cobalt New Material Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ganzhou Tengyuan Cobalt New Material Co important for investors?

The ROA of Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co take to improve ROA?

To improve ROA, Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co pay?

Over the past 12 months, Ganzhou Tengyuan Cobalt New Material Co paid a dividend of 0.92 CNY . This corresponds to a dividend yield of about 2.65 %. For the coming 12 months, Ganzhou Tengyuan Cobalt New Material Co is expected to pay a dividend of 0.9 CNY.

What is the dividend yield of Ganzhou Tengyuan Cobalt New Material Co?

The current dividend yield of Ganzhou Tengyuan Cobalt New Material Co is 2.65 %.

When does Ganzhou Tengyuan Cobalt New Material Co pay dividends?

Ganzhou Tengyuan Cobalt New Material Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ganzhou Tengyuan Cobalt New Material Co?

Ganzhou Tengyuan Cobalt New Material Co paid dividends every year for the past 5 years.

What is the dividend of Ganzhou Tengyuan Cobalt New Material Co?

For the upcoming 12 months, dividends amounting to 0.9 CNY are expected. This corresponds to a dividend yield of 2.59 %.

In which sector is Ganzhou Tengyuan Cobalt New Material Co located?

Ganzhou Tengyuan Cobalt New Material Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ganzhou Tengyuan Cobalt New Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ganzhou Tengyuan Cobalt New Material Co from 5/30/2024 amounting to 1.5 CNY, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.

When did Ganzhou Tengyuan Cobalt New Material Co pay the last dividend?

The last dividend was paid out on 5/30/2024.

What was the dividend of Ganzhou Tengyuan Cobalt New Material Co in the year 2023?

In the year 2023, Ganzhou Tengyuan Cobalt New Material Co distributed 1.705 CNY as dividends.

In which currency does Ganzhou Tengyuan Cobalt New Material Co pay out the dividend?

The dividends of Ganzhou Tengyuan Cobalt New Material Co are distributed in CNY.

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Andere Kennzahlen von Ganzhou Tengyuan Cobalt New Material Co

Our stock analysis for Ganzhou Tengyuan Cobalt New Material 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 Ganzhou Tengyuan Cobalt New Material Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.