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Jiangsu SINOJIT Wind Energy Technology Co Stock

Jiangsu SINOJIT Wind Energy Technology Co ROA 2024

Jiangsu SINOJIT Wind Energy Technology Co ROA

0.04

Ticker

601218.SS

ISIN

CNE1000012R9

In 2024, Jiangsu SINOJIT Wind Energy Technology Co's return on assets (ROA) was 0.04, a -12.56% increase from the 0.04 ROA in the previous year.

Jiangsu SINOJIT Wind Energy Technology Co Aktienanalyse

What does Jiangsu SINOJIT Wind Energy Technology Co do?

Jiangsu SINOJIT Wind Energy Technology Co Ltd is a Chinese company specializing in the development, production, installation, and maintenance of wind turbines. The company was founded in 2010 and is headquartered in Suzhou, a city in Jiangsu province. Jiangsu SINOJIT's history began over 10 years ago when it was founded by a small group of engineers driven by the idea of using wind power to address climate change and energy supply. In its early years, the company focused on developing turbines for the Chinese market. Since then, Jiangsu SINOJIT has steadily expanded its business and is now a major player in the global renewable energy market. The business model of Jiangsu SINOJIT is based on the manufacturing and installation of wind turbines with different power classes and technical specifications. The company offers both onshore and offshore solutions and has particular expertise in the 3MW and 5MW wind turbines. The different divisions of Jiangsu SINOJIT include the development and design of wind turbines, the sale and assembly of turbines, and the maintenance and repair of facilities. The research and development department of SINOJIT is constantly striving to improve the technology and efficiency of wind turbines to remain competitive. In terms of product range, Jiangsu SINOJIT offers a wide variety of turbines with different capacities as well as the corresponding components and accessories required for installation and maintenance. Additionally, the company also develops and produces products related to the efficiency and performance of wind turbines, such as wind measurement devices and software solutions for control and monitoring. Jiangsu SINOJIT places great emphasis on the quality of its products and has high standards for the safety and reliability of its facilities. For this reason, the company has invested heavily in the development and production of new materials such as carbon fiber or titanium, as well as in increasing automation. Overall, Jiangsu SINOJIT is a leading manufacturer of wind turbines and accessories, renowned for its technical expertise and innovation. The company aims to contribute to the reduction of CO2 emissions and environmental protection through the use of renewable energy, and strives to ensure that wind power remains an integral part of the global energy transition. Jiangsu SINOJIT Wind Energy Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Jiangsu SINOJIT Wind Energy Technology Co's Return on Assets (ROA)

Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co stock

What is the Return on Assets (ROA) of Jiangsu SINOJIT Wind Energy Technology Co this year?

The Return on Assets (ROA) of Jiangsu SINOJIT Wind Energy Technology Co is 0.04 undefined this year.

What was the ROA of Jiangsu SINOJIT Wind Energy Technology Co compared to the previous year?

The ROA of Jiangsu SINOJIT Wind Energy Technology Co has increased by -12.56% compared to the previous year.

What consequences do high ROA have for investors of Jiangsu SINOJIT Wind Energy Technology Co?

A high ROA is advantageous for investors of Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co?

A low ROA can be unfavorable for investors of Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co affect the company?

An increase in ROA of Jiangsu SINOJIT Wind Energy Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Jiangsu SINOJIT Wind Energy Technology Co impact the company?

A reduction in the ROA of Jiangsu SINOJIT Wind Energy Technology Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Jiangsu SINOJIT Wind Energy Technology Co?

Some factors that can influence the ROA of Jiangsu SINOJIT Wind Energy Technology Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Jiangsu SINOJIT Wind Energy Technology Co important for investors?

The ROA of Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co take to improve ROA?

To improve ROA, Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co pay?

Over the past 12 months, Jiangsu SINOJIT Wind Energy Technology Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.27 %. For the coming 12 months, Jiangsu SINOJIT Wind Energy Technology Co is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Jiangsu SINOJIT Wind Energy Technology Co?

The current dividend yield of Jiangsu SINOJIT Wind Energy Technology Co is 1.27 %.

When does Jiangsu SINOJIT Wind Energy Technology Co pay dividends?

Jiangsu SINOJIT Wind Energy Technology Co pays a quarterly dividend. This is distributed in the months of June, June, June, November.

How secure is the dividend of Jiangsu SINOJIT Wind Energy Technology Co?

Jiangsu SINOJIT Wind Energy Technology Co paid dividends every year for the past 4 years.

What is the dividend of Jiangsu SINOJIT Wind Energy Technology Co?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.27 %.

In which sector is Jiangsu SINOJIT Wind Energy Technology Co located?

Jiangsu SINOJIT Wind Energy Technology Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Jiangsu SINOJIT Wind Energy Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu SINOJIT Wind Energy Technology Co from 10/15/2024 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 10/15/2024.

When did Jiangsu SINOJIT Wind Energy Technology Co pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Jiangsu SINOJIT Wind Energy Technology Co in the year 2023?

In the year 2023, Jiangsu SINOJIT Wind Energy Technology Co distributed 0.052 CNY as dividends.

In which currency does Jiangsu SINOJIT Wind Energy Technology Co pay out the dividend?

The dividends of Jiangsu SINOJIT Wind Energy Technology Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu SINOJIT Wind Energy Technology Co

Our stock analysis for Jiangsu SINOJIT Wind Energy Technology 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 Jiangsu SINOJIT Wind Energy Technology Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.