What is the Return on Assets (ROA) of Himile Mechanical Science and Technology Shandong Co this year?
The Return on Assets (ROA) of Himile Mechanical Science and Technology Shandong Co is 0.16 undefined this year.
In 2024, Himile Mechanical Science and Technology Shandong Co's return on assets (ROA) was 0.16, a 16.42% increase from the 0.14 ROA in the previous year.
Himile Mechanical Science and Technology Shandong 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.
Comparing Himile Mechanical Science and Technology Shandong 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.
Investors consider Himile Mechanical Science and Technology Shandong 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.
Variations in Himile Mechanical Science and Technology Shandong 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.
The Return on Assets (ROA) of Himile Mechanical Science and Technology Shandong Co is 0.16 undefined this year.
The ROA of Himile Mechanical Science and Technology Shandong Co has increased by 16.42% compared to the previous year.
A high ROA is advantageous for investors of Himile Mechanical Science and Technology Shandong Co, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of Himile Mechanical Science and Technology Shandong Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of Himile Mechanical Science and Technology Shandong Co can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of Himile Mechanical Science and Technology Shandong Co can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of Himile Mechanical Science and Technology Shandong Co include revenue, operating costs, asset structure, and industry average.
The ROA of Himile Mechanical Science and Technology Shandong 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.
To improve ROA, Himile Mechanical Science and Technology Shandong 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.
Over the past 12 months, Himile Mechanical Science and Technology Shandong Co paid a dividend of 0.38 CNY . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Himile Mechanical Science and Technology Shandong Co is expected to pay a dividend of 0.42 CNY.
The current dividend yield of Himile Mechanical Science and Technology Shandong Co is 0.85 %.
Himile Mechanical Science and Technology Shandong Co pays a quarterly dividend. This is distributed in the months of July, July, August, November.
Himile Mechanical Science and Technology Shandong Co paid dividends every year for the past 15 years.
For the upcoming 12 months, dividends amounting to 0.42 CNY are expected. This corresponds to a dividend yield of 0.96 %.
Himile Mechanical Science and Technology Shandong Co is assigned to the 'Industry' sector.
To receive the latest dividend of Himile Mechanical Science and Technology Shandong Co from 10/23/2024 amounting to 0.375 CNY, you needed to have the stock in your portfolio before the ex-date on 10/23/2024.
The last dividend was paid out on 10/23/2024.
In the year 2023, Himile Mechanical Science and Technology Shandong Co distributed 0.375 CNY as dividends.
The dividends of Himile Mechanical Science and Technology Shandong Co are distributed in CNY.
Our stock analysis for Himile Mechanical Science and Technology Shandong 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 Himile Mechanical Science and Technology Shandong Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.