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Hengtong Optic-Electric Co Stock

Hengtong Optic-Electric Co ROA 2024

Hengtong Optic-Electric Co ROA

0.03

Ticker

600487.SS

ISIN

CNE000001FQ9

In 2024, Hengtong Optic-Electric Co's return on assets (ROA) was 0.03, a 21.17% increase from the 0.03 ROA in the previous year.

Hengtong Optic-Electric Co Aktienanalyse

What does Hengtong Optic-Electric Co do?

Hengtong Optic-Electric Co Ltd is a Chinese company specializing in the development, manufacturing, and marketing of optical and electronic products. The company aims to bring innovative technology to competitive industries and generate growth. It is divided into various business segments, including fiber optic cables, power cables, optoelectronic devices, and intelligent manufacturing. Hengtong Optic-Electric is a leader in broadband communication networks, producing a wide range of fiber optic cables. They also offer cables for power transmission and distribution, as well as optoelectronic components for industries such as medical, automotive, and aviation. The company is committed to research and development and has partnerships with international universities and research institutes. Having a strong market position and global presence, Hengtong Optic-Electric is well positioned for further growth and providing value to customers worldwide. Hengtong Optic-Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Hengtong Optic-Electric Co's Return on Assets (ROA)

Hengtong Optic-Electric 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 Hengtong Optic-Electric 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 Hengtong Optic-Electric 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 Hengtong Optic-Electric 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 Hengtong Optic-Electric Co stock

What is the Return on Assets (ROA) of Hengtong Optic-Electric Co this year?

The Return on Assets (ROA) of Hengtong Optic-Electric Co is 0.03 undefined this year.

What was the ROA of Hengtong Optic-Electric Co compared to the previous year?

The ROA of Hengtong Optic-Electric Co has increased by 21.17% compared to the previous year.

What consequences do high ROA have for investors of Hengtong Optic-Electric Co?

A high ROA is advantageous for investors of Hengtong Optic-Electric 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 Hengtong Optic-Electric Co?

A low ROA can be unfavorable for investors of Hengtong Optic-Electric 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 Hengtong Optic-Electric Co affect the company?

An increase in ROA of Hengtong Optic-Electric Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Hengtong Optic-Electric Co impact the company?

A reduction in the ROA of Hengtong Optic-Electric Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Hengtong Optic-Electric Co?

Some factors that can influence the ROA of Hengtong Optic-Electric Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Hengtong Optic-Electric Co important for investors?

The ROA of Hengtong Optic-Electric 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 Hengtong Optic-Electric Co take to improve ROA?

To improve ROA, Hengtong Optic-Electric 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 Hengtong Optic-Electric Co pay?

Over the past 12 months, Hengtong Optic-Electric Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.47 %. For the coming 12 months, Hengtong Optic-Electric Co is expected to pay a dividend of 0.08 CNY.

What is the dividend yield of Hengtong Optic-Electric Co?

The current dividend yield of Hengtong Optic-Electric Co is 0.47 %.

When does Hengtong Optic-Electric Co pay dividends?

Hengtong Optic-Electric Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Hengtong Optic-Electric Co?

Hengtong Optic-Electric Co paid dividends every year for the past 23 years.

What is the dividend of Hengtong Optic-Electric Co?

For the upcoming 12 months, dividends amounting to 0.08 CNY are expected. This corresponds to a dividend yield of 0.5 %.

In which sector is Hengtong Optic-Electric Co located?

Hengtong Optic-Electric Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Hengtong Optic-Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hengtong Optic-Electric Co from 7/16/2024 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.

When did Hengtong Optic-Electric Co pay the last dividend?

The last dividend was paid out on 7/16/2024.

What was the dividend of Hengtong Optic-Electric Co in the year 2023?

In the year 2023, Hengtong Optic-Electric Co distributed 0.07 CNY as dividends.

In which currency does Hengtong Optic-Electric Co pay out the dividend?

The dividends of Hengtong Optic-Electric Co are distributed in CNY.

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Andere Kennzahlen von Hengtong Optic-Electric Co

Our stock analysis for Hengtong Optic-Electric 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 Hengtong Optic-Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.