Jiangsu Xiuqiang Glasswork Co Stock

Jiangsu Xiuqiang Glasswork Co ROA 2024

Jiangsu Xiuqiang Glasswork Co ROA

0.07

Ticker

300160.SZ

ISIN

CNE100000YZ2

In 2024, Jiangsu Xiuqiang Glasswork Co's return on assets (ROA) was 0.07, a 5.65% increase from the 0.07 ROA in the previous year.

Jiangsu Xiuqiang Glasswork Co Aktienanalyse

What does Jiangsu Xiuqiang Glasswork Co do?

Jiangsu Xiuqiang Glasswork Co., Ltd. is a Chinese company specializing in the production and distribution of various types of glass products. The company is headquartered in Yangzhou City, Jiangsu Province, and has been operating in the industry since its establishment in 1998. Jiangsu Xiuqiang Glasswork Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Jiangsu Xiuqiang Glasswork Co's Return on Assets (ROA)

Jiangsu Xiuqiang Glasswork 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 Xiuqiang Glasswork 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 Xiuqiang Glasswork 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 Xiuqiang Glasswork 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 Xiuqiang Glasswork Co stock

What is the Return on Assets (ROA) of Jiangsu Xiuqiang Glasswork Co this year?

The Return on Assets (ROA) of Jiangsu Xiuqiang Glasswork Co is 0.07 undefined this year.

What was the ROA of Jiangsu Xiuqiang Glasswork Co compared to the previous year?

The ROA of Jiangsu Xiuqiang Glasswork Co has increased by 5.65% compared to the previous year.

What consequences do high ROA have for investors of Jiangsu Xiuqiang Glasswork Co?

A high ROA is advantageous for investors of Jiangsu Xiuqiang Glasswork 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 Xiuqiang Glasswork Co?

A low ROA can be unfavorable for investors of Jiangsu Xiuqiang Glasswork 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 Xiuqiang Glasswork Co affect the company?

An increase in ROA of Jiangsu Xiuqiang Glasswork Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Jiangsu Xiuqiang Glasswork Co impact the company?

A reduction in the ROA of Jiangsu Xiuqiang Glasswork Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Jiangsu Xiuqiang Glasswork Co?

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

Why is the ROA of Jiangsu Xiuqiang Glasswork Co important for investors?

The ROA of Jiangsu Xiuqiang Glasswork 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 Xiuqiang Glasswork Co take to improve ROA?

To improve ROA, Jiangsu Xiuqiang Glasswork 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 Xiuqiang Glasswork Co pay?

Over the past 12 months, Jiangsu Xiuqiang Glasswork Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 2.36 %. For the coming 12 months, Jiangsu Xiuqiang Glasswork Co is expected to pay a dividend of 0.1 CNY.

What is the dividend yield of Jiangsu Xiuqiang Glasswork Co?

The current dividend yield of Jiangsu Xiuqiang Glasswork Co is 2.36 %.

When does Jiangsu Xiuqiang Glasswork Co pay dividends?

Jiangsu Xiuqiang Glasswork Co pays a quarterly dividend. This is distributed in the months of June, May, June, June.

How secure is the dividend of Jiangsu Xiuqiang Glasswork Co?

Jiangsu Xiuqiang Glasswork Co paid dividends every year for the past 2 years.

What is the dividend of Jiangsu Xiuqiang Glasswork Co?

For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 2.36 %.

In which sector is Jiangsu Xiuqiang Glasswork Co located?

Jiangsu Xiuqiang Glasswork Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Jiangsu Xiuqiang Glasswork Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu Xiuqiang Glasswork Co from 5/17/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Jiangsu Xiuqiang Glasswork Co pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of Jiangsu Xiuqiang Glasswork Co in the year 2023?

In the year 2023, Jiangsu Xiuqiang Glasswork Co distributed 0.1 CNY as dividends.

In which currency does Jiangsu Xiuqiang Glasswork Co pay out the dividend?

The dividends of Jiangsu Xiuqiang Glasswork Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu Xiuqiang Glasswork Co

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