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Jinhong Gas Co Stock

Jinhong Gas Co ROA 2024

Jinhong Gas Co ROA

0.05

Ticker

688106.SS

ISIN

CNE100003ZP4

In 2024, Jinhong Gas Co's return on assets (ROA) was 0.05, a 4.32% increase from the 0.05 ROA in the previous year.

Jinhong Gas Co Aktienanalyse

What does Jinhong Gas Co do?

Jinhong Gas Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Jinhong Gas Co's Return on Assets (ROA)

Jinhong Gas 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 Jinhong Gas 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 Jinhong Gas 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 Jinhong Gas 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 Jinhong Gas Co stock

What is the Return on Assets (ROA) of Jinhong Gas Co this year?

The Return on Assets (ROA) of Jinhong Gas Co is 0.05 undefined this year.

What was the ROA of Jinhong Gas Co compared to the previous year?

The ROA of Jinhong Gas Co has increased by 4.32% compared to the previous year.

What consequences do high ROA have for investors of Jinhong Gas Co?

A high ROA is advantageous for investors of Jinhong Gas 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 Jinhong Gas Co?

A low ROA can be unfavorable for investors of Jinhong Gas 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 Jinhong Gas Co affect the company?

An increase in ROA of Jinhong Gas Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Jinhong Gas Co impact the company?

A reduction in the ROA of Jinhong Gas Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Jinhong Gas Co?

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

Why is the ROA of Jinhong Gas Co important for investors?

The ROA of Jinhong Gas 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 Jinhong Gas Co take to improve ROA?

To improve ROA, Jinhong Gas 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 Jinhong Gas Co pay?

Over the past 12 months, Jinhong Gas Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 1.62 %. For the coming 12 months, Jinhong Gas Co is expected to pay a dividend of 0.26 CNY.

What is the dividend yield of Jinhong Gas Co?

The current dividend yield of Jinhong Gas Co is 1.62 %.

When does Jinhong Gas Co pay dividends?

Jinhong Gas Co pays a quarterly dividend. This is distributed in the months of May, June, July, June.

How secure is the dividend of Jinhong Gas Co?

Jinhong Gas Co paid dividends every year for the past 6 years.

What is the dividend of Jinhong Gas Co?

For the upcoming 12 months, dividends amounting to 0.26 CNY are expected. This corresponds to a dividend yield of 1.67 %.

In which sector is Jinhong Gas Co located?

Jinhong Gas Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Jinhong Gas Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jinhong Gas Co from 5/23/2024 amounting to 0.35 CNY, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.

When did Jinhong Gas Co pay the last dividend?

The last dividend was paid out on 5/23/2024.

What was the dividend of Jinhong Gas Co in the year 2023?

In the year 2023, Jinhong Gas Co distributed 0.25 CNY as dividends.

In which currency does Jinhong Gas Co pay out the dividend?

The dividends of Jinhong Gas Co are distributed in CNY.

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Andere Kennzahlen von Jinhong Gas Co

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