What is the Return on Assets (ROA) of Korea Castiron Pipe Ind Co this year?
The Return on Assets (ROA) of Korea Castiron Pipe Ind Co is 0.04 undefined this year.
Korea Castiron Pipe Ind Co ROA 2024
Korea Castiron Pipe Ind Co ROA
0.04
Korea Castiron Pipe Ind Co Dividend yield
5.76 %
Ticker
000970.KS
ISIN
KR7000970004
In 2024, Korea Castiron Pipe Ind Co's return on assets (ROA) was 0.04, a 38% increase from the 0.03 ROA in the previous year.
Korea Castiron Pipe Ind Co Aktienanalyse
What does Korea Castiron Pipe Ind Co do?
Korea Castiron Pipe Ind Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Korea Castiron Pipe Ind Co's Return on Assets (ROA)
Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co Stock
What was the ROA of Korea Castiron Pipe Ind Co compared to the previous year?
The ROA of Korea Castiron Pipe Ind Co has increased by 38% compared to the previous year.
What consequences do high ROA have for investors of Korea Castiron Pipe Ind Co?
A high ROA is advantageous for investors of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co?
A low ROA can be unfavorable for investors of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co affect the company?
An increase in ROA of Korea Castiron Pipe Ind Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Korea Castiron Pipe Ind Co impact the company?
A reduction in the ROA of Korea Castiron Pipe Ind Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Korea Castiron Pipe Ind Co?
Some factors that can influence the ROA of Korea Castiron Pipe Ind Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Korea Castiron Pipe Ind Co important for investors?
The ROA of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co take to improve ROA?
To improve ROA, Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co pay?
Over the past 12 months, Korea Castiron Pipe Ind Co paid a dividend of 400 KRW . This corresponds to a dividend yield of about 5.76 %. For the coming 12 months, Korea Castiron Pipe Ind Co is expected to pay a dividend of 400 KRW.
What is the dividend yield of Korea Castiron Pipe Ind Co?
The current dividend yield of Korea Castiron Pipe Ind Co is 5.76 %.
When does Korea Castiron Pipe Ind Co pay dividends?
Korea Castiron Pipe Ind Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.
How secure is the dividend of Korea Castiron Pipe Ind Co?
Korea Castiron Pipe Ind Co paid dividends every year for the past 20 years.
What is the dividend of Korea Castiron Pipe Ind Co?
For the upcoming 12 months, dividends amounting to 400 KRW are expected. This corresponds to a dividend yield of 5.76 %.
In which sector is Korea Castiron Pipe Ind Co located?
Korea Castiron Pipe Ind Co is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Korea Castiron Pipe Ind Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Korea Castiron Pipe Ind Co from 4/12/2024 amounting to 400 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.
When did Korea Castiron Pipe Ind Co pay the last dividend?
The last dividend was paid out on 4/12/2024.
What was the dividend of Korea Castiron Pipe Ind Co in the year 2023?
In the year 2023, Korea Castiron Pipe Ind Co distributed 400 KRW as dividends.
In which currency does Korea Castiron Pipe Ind Co pay out the dividend?
The dividends of Korea Castiron Pipe Ind Co are distributed in KRW.
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Andere Kennzahlen von Korea Castiron Pipe Ind Co
Our stock analysis for Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Korea Castiron Pipe Ind Co Revenue
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- Korea Castiron Pipe Ind Co P/E
- Korea Castiron Pipe Ind Co P/S
- Korea Castiron Pipe Ind Co EBIT
- Korea Castiron Pipe Ind Co Dividend
- Korea Castiron Pipe Ind Co Stocks
- Korea Castiron Pipe Ind Co Market capitalization
- Korea Castiron Pipe Ind Co Debt
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- Korea Castiron Pipe Ind Co Equity
- Korea Castiron Pipe Ind Co AAQS
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- Korea Castiron Pipe Ind Co ROE
- Korea Castiron Pipe Ind Co ROA
- Korea Castiron Pipe Ind Co ROCE