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Lizhong Sitong Light Alloys Group Co Stock

Lizhong Sitong Light Alloys Group Co ROA 2024

Lizhong Sitong Light Alloys Group Co ROA

0.03

Ticker

300428.SZ

ISIN

CNE100001YP1

In 2024, Lizhong Sitong Light Alloys Group Co's return on assets (ROA) was 0.03, a 11.31% increase from the 0.03 ROA in the previous year.

Lizhong Sitong Light Alloys Group Co Aktienanalyse

What does Lizhong Sitong Light Alloys Group Co do?

Lizhong Sitong Light Alloys Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Lizhong Sitong Light Alloys Group Co's Return on Assets (ROA)

Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co stock

What is the Return on Assets (ROA) of Lizhong Sitong Light Alloys Group Co this year?

The Return on Assets (ROA) of Lizhong Sitong Light Alloys Group Co is 0.03 undefined this year.

What was the ROA of Lizhong Sitong Light Alloys Group Co compared to the previous year?

The ROA of Lizhong Sitong Light Alloys Group Co has increased by 11.31% compared to the previous year.

What consequences do high ROA have for investors of Lizhong Sitong Light Alloys Group Co?

A high ROA is advantageous for investors of Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co?

A low ROA can be unfavorable for investors of Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co affect the company?

An increase in ROA of Lizhong Sitong Light Alloys Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Lizhong Sitong Light Alloys Group Co impact the company?

A reduction in the ROA of Lizhong Sitong Light Alloys Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Lizhong Sitong Light Alloys Group Co?

Some factors that can influence the ROA of Lizhong Sitong Light Alloys Group Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Lizhong Sitong Light Alloys Group Co important for investors?

The ROA of Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co take to improve ROA?

To improve ROA, Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co pay?

Over the past 12 months, Lizhong Sitong Light Alloys Group Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.41 %. For the coming 12 months, Lizhong Sitong Light Alloys Group Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Lizhong Sitong Light Alloys Group Co?

The current dividend yield of Lizhong Sitong Light Alloys Group Co is 0.41 %.

When does Lizhong Sitong Light Alloys Group Co pay dividends?

Lizhong Sitong Light Alloys Group Co pays a quarterly dividend. This is distributed in the months of July, June, July, July.

How secure is the dividend of Lizhong Sitong Light Alloys Group Co?

Lizhong Sitong Light Alloys Group Co paid dividends every year for the past 11 years.

What is the dividend of Lizhong Sitong Light Alloys Group Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 0.44 %.

In which sector is Lizhong Sitong Light Alloys Group Co located?

Lizhong Sitong Light Alloys Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Lizhong Sitong Light Alloys Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lizhong Sitong Light Alloys Group Co from 6/5/2024 amounting to 0.119 CNY, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Lizhong Sitong Light Alloys Group Co pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Lizhong Sitong Light Alloys Group Co in the year 2023?

In the year 2023, Lizhong Sitong Light Alloys Group Co distributed 0.075 CNY as dividends.

In which currency does Lizhong Sitong Light Alloys Group Co pay out the dividend?

The dividends of Lizhong Sitong Light Alloys Group Co are distributed in CNY.

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Andere Kennzahlen von Lizhong Sitong Light Alloys Group Co

Our stock analysis for Lizhong Sitong Light Alloys Group 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 Lizhong Sitong Light Alloys Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.