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Jiangsu Sanfame Polyester Material Co Stock

Jiangsu Sanfame Polyester Material Co ROA 2024

Jiangsu Sanfame Polyester Material Co ROA

-0.02

Ticker

600370.SS

ISIN

CNE000001DM3

In 2024, Jiangsu Sanfame Polyester Material Co's return on assets (ROA) was -0.02, a -130.07% increase from the 0.06 ROA in the previous year.

Jiangsu Sanfame Polyester Material Co Aktienanalyse

What does Jiangsu Sanfame Polyester Material Co do?

Jiangsu Sanfame Polyester Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Jiangsu Sanfame Polyester Material Co's Return on Assets (ROA)

Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material Co stock

What is the Return on Assets (ROA) of Jiangsu Sanfame Polyester Material Co this year?

The Return on Assets (ROA) of Jiangsu Sanfame Polyester Material Co is -0.02 undefined this year.

What was the ROA of Jiangsu Sanfame Polyester Material Co compared to the previous year?

The ROA of Jiangsu Sanfame Polyester Material Co has increased by -130.07% compared to the previous year.

What consequences do high ROA have for investors of Jiangsu Sanfame Polyester Material Co?

A high ROA is advantageous for investors of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co?

A low ROA can be unfavorable for investors of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co affect the company?

An increase in ROA of Jiangsu Sanfame Polyester Material Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Jiangsu Sanfame Polyester Material Co impact the company?

A reduction in the ROA of Jiangsu Sanfame Polyester Material Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Jiangsu Sanfame Polyester Material Co?

Some factors that can influence the ROA of Jiangsu Sanfame Polyester Material Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Jiangsu Sanfame Polyester Material Co important for investors?

The ROA of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co take to improve ROA?

To improve ROA, Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co pay?

Over the past 12 months, Jiangsu Sanfame Polyester Material Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 12.82 %. For the coming 12 months, Jiangsu Sanfame Polyester Material Co is expected to pay a dividend of 0.15 CNY.

What is the dividend yield of Jiangsu Sanfame Polyester Material Co?

The current dividend yield of Jiangsu Sanfame Polyester Material Co is 12.82 %.

When does Jiangsu Sanfame Polyester Material Co pay dividends?

Jiangsu Sanfame Polyester Material Co pays a quarterly dividend. This is distributed in the months of May, June, June, June.

How secure is the dividend of Jiangsu Sanfame Polyester Material Co?

Jiangsu Sanfame Polyester Material Co paid dividends every year for the past 14 years.

What is the dividend of Jiangsu Sanfame Polyester Material Co?

For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 12.82 %.

In which sector is Jiangsu Sanfame Polyester Material Co located?

Jiangsu Sanfame Polyester Material Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Jiangsu Sanfame Polyester Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu Sanfame Polyester Material Co from 5/8/2023 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 5/8/2023.

When did Jiangsu Sanfame Polyester Material Co pay the last dividend?

The last dividend was paid out on 5/8/2023.

What was the dividend of Jiangsu Sanfame Polyester Material Co in the year 2023?

In the year 2023, Jiangsu Sanfame Polyester Material Co distributed 0.15 CNY as dividends.

In which currency does Jiangsu Sanfame Polyester Material Co pay out the dividend?

The dividends of Jiangsu Sanfame Polyester Material Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu Sanfame Polyester Material Co

Our stock analysis for Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.