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Golden Resources Development International - Stock

Golden Resources Development International ROE 2024

Golden Resources Development International ROE

0.1

Ticker

677.HK

ISIN

BMG3958B1046

WKN

886590

In 2024, Golden Resources Development International's return on equity (ROE) was 0.1, a 540.18% increase from the 0.02 ROE in the previous year.

Golden Resources Development International Aktienanalyse

What does Golden Resources Development International do?

Golden Resources Development International Ltd (GoldRes) is a Chinese company that was founded in 1999 and is headquartered in Beijing. It is one of the leading companies in the field of international trade and investment. GoldRes specializes in international trade. The company focuses on the sale of agricultural products, mineral resources, machinery, as well as technological products and services. In addition to trading these various goods, the company also provides financial services such as credit intermediation, foreign exchange trading, and risk hedging. The company is divided into several business segments, including commodity trading, food and agriculture trading, machinery and electronics trading, and the investment sector. In the commodity trading area, GoldRes deals with the export of minerals such as iron, copper, and aluminum. They are involved in multiple mines and also purchase raw materials from other mines. In the food and agriculture trading area, GoldRes offers a wide range of agricultural products such as grains, oilseeds, fruits, and vegetables. Recently, the company has also begun to develop in the e-commerce sector and operates online stores in China specializing in the sale of food and beverages. In the machinery and electronics area, the company trades devices and equipment such as laptops, mobile phones, televisions, and other electronic products. GoldRes has strong relationships with Chinese electronics suppliers and stays in close contact with other companies to provide its customers with the best available prices. Overall, GoldRes has a strong network consisting of branches and partners in various countries including the USA, Canada, Australia, and Europe. These business partners and branches assist the company in expanding into new markets and maintaining existing business contacts. This international focus has allowed GoldRes to grow rapidly and establish itself as a leading company in the industry. Currently, the company is not only expanding in trade but also in the investment sector. GoldRes is investing in Chinese start-ups and technology companies operating in the fields of artificial intelligence, renewable energies, medical devices, and blockchain. The company has also started to invest more in real estate in China. Overall, GoldRes is one of the rapidly growing companies in China and has established itself as a leading company in international trade and investment. The company has a strong reputation due to its outstanding business relationships and high-quality service. With a wide range of products and services and a broad geographical reach, GoldRes will continue to play a significant role in the Chinese economy in the future. Golden Resources Development International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Golden Resources Development International's Return on Equity (ROE)

Golden Resources Development International's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Golden Resources Development International's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Golden Resources Development International's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Golden Resources Development International’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Golden Resources Development International Stock

What is the ROE (Return on Equity) of Golden Resources Development International this year?

The ROE of Golden Resources Development International this year is 0.1 undefined.

How has the Return on Equity (ROE) of Golden Resources Development International developed compared to the previous year?

The ROE of Golden Resources Development International has increased by 540.18% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Golden Resources Development International?

A high ROE indicates that Golden Resources Development International generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Golden Resources Development International?

A low ROE can indicate that Golden Resources Development International is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Golden Resources Development International affect the company?

A change in ROE (Return on Equity) of Golden Resources Development International can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Golden Resources Development International?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Golden Resources Development International?

Some factors that can influence Golden Resources Development International's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Golden Resources Development International pay?

Over the past 12 months, Golden Resources Development International paid a dividend of 0.03 HKD . This corresponds to a dividend yield of about 5.93 %. For the coming 12 months, Golden Resources Development International is expected to pay a dividend of 0.03 HKD.

What is the dividend yield of Golden Resources Development International?

The current dividend yield of Golden Resources Development International is 5.93 %.

When does Golden Resources Development International pay dividends?

Golden Resources Development International pays a quarterly dividend. This is distributed in the months of October, January, October, January.

How secure is the dividend of Golden Resources Development International?

Golden Resources Development International paid dividends every year for the past 20 years.

What is the dividend of Golden Resources Development International?

For the upcoming 12 months, dividends amounting to 0.03 HKD are expected. This corresponds to a dividend yield of 5.93 %.

In which sector is Golden Resources Development International located?

Golden Resources Development International is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Golden Resources Development International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Resources Development International from 1/15/2024 amounting to 0.011 HKD, you needed to have the stock in your portfolio before the ex-date on 12/12/2023.

When did Golden Resources Development International pay the last dividend?

The last dividend was paid out on 1/15/2024.

What was the dividend of Golden Resources Development International in the year 2023?

In the year 2023, Golden Resources Development International distributed 0.024 HKD as dividends.

In which currency does Golden Resources Development International pay out the dividend?

The dividends of Golden Resources Development International are distributed in HKD.

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Andere Kennzahlen von Golden Resources Development International

Our stock analysis for Golden Resources Development International 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 Golden Resources Development International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.