What is the Return on Assets (ROA) of Genting Bhd this year?
The Return on Assets (ROA) of Genting Bhd is 0.02 undefined this year.
Genting Bhd ROA 2024
Genting Bhd ROA
0.02
Genting Bhd Dividend yield
3.15 %
Ticker
GENTING.KL
ISIN
MYL3182OO002
WKN
869584
In 2024, Genting Bhd's return on assets (ROA) was 0.02, a -182.6% increase from the -0.02 ROA in the previous year.
Genting Bhd Aktienanalyse
What does Genting Bhd do?
Genting Bhd is a Malaysian conglomerate that operates in various industries including leisure and tourism, tradable goods, energy generation, real estate development, oil and gas, and biotechnology. The company was founded in 1965 by Malaysian businessman Lim Goh Tong and is headquartered in Kuala Lumpur. The company's history began with a small mining operation acquired by Lim Goh Tong in 1965, which he transformed into the first hotel, Genting Highlands Resort. Located at an elevation of 1,800 meters above sea level in the Genting Highlands, this resort has become one of Malaysia's most famous and visited tourist destinations. Today, Genting Bhd has expanded its business to different segments including the operation of casinos and gambling, the hotel and leisure industry, and the cruise industry. Genting Bhd's business model revolves around operating a diverse portfolio of companies in different industries. This allows the company to diversify risks and generate profits from various sources, ensuring consistent and strong performance. In the casino and gambling sector, the company operates a number of casinos and resorts in Europe, Asia, and North and South America. Some of the most well-known ones include Resorts World Sentosa in Singapore, Resorts World Genting in Malaysia, and Resorts World Casino New York City. Genting Bhd's hotel and leisure industry encompasses a wide range of activities including hotels, amusement parks, shopping malls, golf courses, equestrian facilities, water parks, and other leisure facilities in Malaysia, Singapore, the USA, the Philippines, and the UK. The company is known for its exclusive and luxurious resorts like Resorts World Langkawi, Crockfords Tower, and The Genting Hotel. In the cruise industry, Genting Bhd operates cruise ships and coastal cruises in Asia and Europe. The company's two most well-known brands are Dream Cruises and Star Cruises. Genting Bhd also operates other businesses such as Genting Energy, which focuses on energy generation and supply, and Genting Plantations, which specializes in palm oil plantations, production, and distribution of palm oil products. The company also invests in biotechnology and medical research through its involvement in companies like Trevena Inc. and Regent Pacific Group Limited. In summary, Genting Bhd is a successful and diversified company operating in various industries. Over the years, the company has become a key player in the leisure and tourism industry and is a major employer in many regions worldwide. Genting Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Genting Bhd's Return on Assets (ROA)
Genting Bhd'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 Genting Bhd'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 Genting Bhd'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 Genting Bhd’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 Genting Bhd Stock
What was the ROA of Genting Bhd compared to the previous year?
The ROA of Genting Bhd has increased by -182.6% compared to the previous year.
What consequences do high ROA have for investors of Genting Bhd?
A high ROA is advantageous for investors of Genting Bhd, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Genting Bhd?
A low ROA can be unfavorable for investors of Genting Bhd 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 Genting Bhd affect the company?
An increase in ROA of Genting Bhd can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Genting Bhd impact the company?
A reduction in the ROA of Genting Bhd can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Genting Bhd?
Some factors that can influence the ROA of Genting Bhd include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Genting Bhd important for investors?
The ROA of Genting Bhd 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 Genting Bhd take to improve ROA?
To improve ROA, Genting Bhd 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 Genting Bhd pay?
Over the past 12 months, Genting Bhd paid a dividend of 0.15 MYR . This corresponds to a dividend yield of about 3.15 %. For the coming 12 months, Genting Bhd is expected to pay a dividend of 0.15 MYR.
What is the dividend yield of Genting Bhd?
The current dividend yield of Genting Bhd is 3.15 %.
When does Genting Bhd pay dividends?
Genting Bhd pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of Genting Bhd?
Genting Bhd paid dividends every year for the past 23 years.
What is the dividend of Genting Bhd?
For the upcoming 12 months, dividends amounting to 0.15 MYR are expected. This corresponds to a dividend yield of 3.14 %.
In which sector is Genting Bhd located?
Genting Bhd is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Genting Bhd kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Genting Bhd from 4/15/2024 amounting to 0.09 MYR, you needed to have the stock in your portfolio before the ex-date on 3/20/2024.
When did Genting Bhd pay the last dividend?
The last dividend was paid out on 4/15/2024.
What was the dividend of Genting Bhd in the year 2023?
In the year 2023, Genting Bhd distributed 0.15 MYR as dividends.
In which currency does Genting Bhd pay out the dividend?
The dividends of Genting Bhd are distributed in MYR.
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Andere Kennzahlen von Genting Bhd
Our stock analysis for Genting Bhd 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 Genting Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
