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Hitech Group Australia Stock

Hitech Group Australia ROE 2024

Hitech Group Australia ROE

0.71

Ticker

HIT.AX

ISIN

AU000000HIT1

WKN

A0ESLA

In 2024, Hitech Group Australia's return on equity (ROE) was 0.71, a 20.66% increase from the 0.59 ROE in the previous year.

Hitech Group Australia Aktienanalyse

What does Hitech Group Australia do?

Hitech Group Australia Ltd is a company based in Sydney, Australia. It was founded in 1991 and has since become a leading provider of electrical products and services. The business model of Hitech Group Australia Ltd is based on developing and manufacturing products that help customers improve their energy efficiency and save money. The company is divided into several business divisions. One of the main areas of focus for Hitech Group Australia Ltd is the production of energy efficiency products. This includes LED lighting systems, photovoltaic systems, and energy storage. These products are used by both businesses and consumers to reduce their energy consumption and costs. Another important business division for Hitech Group Australia Ltd is electrical installation. The company offers a wide range of electrical services, including the installation of lighting systems, security systems, and networks. Hitech Group Australia Ltd prides itself on providing its customers with a high level of technical expertise and a first-class service team. Hitech Group Australia Ltd also has a division for renewable energy. The company offers consulting services to businesses and consumers to facilitate the transition to clean energy. It also assists in the development and implementation of renewable energy projects, such as wind farms, solar installations, and biomass power plants. Hitech Group Australia Ltd has also specialized in manufacturing products for use in data centers. The company offers a wide range of products, including air conditioning, UPS systems, and power supplies. These products are used to ensure that data centers can operate around the clock and that no data loss occurs due to power outages or other issues. In recent years, Hitech Group Australia Ltd has also expanded in the field of electromobility. The company offers a wide range of electric chargers for all types of electric vehicles. It has also partnered with electric vehicle manufacturers to ensure seamless integration of charging stations with their vehicles. Over the years, the company has received numerous awards for its products and services. It is recognized by the Australian government for its outstanding contributions to energy efficiency. It has also been recognized by industry media for its innovative products and services. Hitech Group Australia Ltd has gained a reputation for its commitment to quality, innovation, and customer satisfaction. The company has become a leading provider of electrical products and services and aims to provide its customers with top-quality products and support. Answer: Hitech Group Australia Ltd is a leading provider of electrical products and services, specializing in energy efficiency, electrical installation, renewable energy, data center solutions, and electromobility. The company has received recognition from the Australian government and industry media for its outstanding contributions and innovative products. Hitech Group Australia Ltd is committed to providing high-quality products and customer support. Hitech Group Australia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Hitech Group Australia's Return on Equity (ROE)

Hitech Group Australia'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 Hitech Group Australia'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

Hitech Group Australia'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 Hitech Group Australia’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 Hitech Group Australia stock

What is the ROE (Return on Equity) of Hitech Group Australia this year?

The ROE of Hitech Group Australia this year is 0.71 undefined.

How has the Return on Equity (ROE) of Hitech Group Australia developed compared to the previous year?

The ROE of Hitech Group Australia has increased by 20.66% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Hitech Group Australia?

A high ROE indicates that Hitech Group Australia 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 Hitech Group Australia?

A low ROE can indicate that Hitech Group Australia 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 Hitech Group Australia affect the company?

A change in ROE (Return on Equity) of Hitech Group Australia 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 Hitech Group Australia?

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 Hitech Group Australia?

Some factors that can influence Hitech Group Australia'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 Hitech Group Australia pay?

Over the past 12 months, Hitech Group Australia paid a dividend of 0.14 AUD . This corresponds to a dividend yield of about 7.31 %. For the coming 12 months, Hitech Group Australia is expected to pay a dividend of 0.14 AUD.

What is the dividend yield of Hitech Group Australia?

The current dividend yield of Hitech Group Australia is 7.31 %.

When does Hitech Group Australia pay dividends?

Hitech Group Australia pays a quarterly dividend. This is distributed in the months of January, April, October, April.

How secure is the dividend of Hitech Group Australia?

Hitech Group Australia paid dividends every year for the past 8 years.

What is the dividend of Hitech Group Australia?

For the upcoming 12 months, dividends amounting to 0.14 AUD are expected. This corresponds to a dividend yield of 7.31 %.

In which sector is Hitech Group Australia located?

Hitech Group Australia is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hitech Group Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hitech Group Australia from 3/19/2024 amounting to 0.071 AUD, you needed to have the stock in your portfolio before the ex-date on 3/4/2024.

When did Hitech Group Australia pay the last dividend?

The last dividend was paid out on 3/19/2024.

What was the dividend of Hitech Group Australia in the year 2023?

In the year 2023, Hitech Group Australia distributed 0.174 AUD as dividends.

In which currency does Hitech Group Australia pay out the dividend?

The dividends of Hitech Group Australia are distributed in AUD.

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Andere Kennzahlen von Hitech Group Australia

Our stock analysis for Hitech Group Australia 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 Hitech Group Australia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.