Luokung Technology ROE 2024

Luokung Technology Aktienanalyse

What does Luokung Technology do?

Luokung Technology Corp is a Chinese company specialized in the development of Geographic Information Systems (GIS). It was originally founded in 2010 as Luokung Technology Corp Limited and converted into a joint stock company in 2014. The company went public in 2019 and is listed on the NASDAQ (LKCO). Its headquarters are in Beijing, with branches in Shanghai, Guangzhou, and Shenzhen. The business model of Luokung Technology Corp is based on the development and marketing of platforms and services based on GIS technologies. It serves three main business sectors: providing mapping and navigation services, developing Smart City platforms, and creating solutions for autonomous vehicles. In the field of mapping and navigation services, the company offers its own mobile application called "Luokung Map". This app provides a variety of maps, ranging from complete maps to detailed street and satellite maps. The application includes features such as route planning, navigation, and real-time traffic information. Developing Smart City platforms is another important business sector for Luokung Technology. These platforms offer solutions for various applications such as smart parking, intelligent lighting, and traffic management. The company has also partnered with China Mobile to enable the integration of 5G technology into Smart City platforms. The third business sector of Luokung Technology is the development of solutions for autonomous vehicles. It offers real-time localization and navigation systems that allow autonomous vehicles to monitor and plan their position and movement in real-time. One major product of Luokung Technology is the Luokung 3D Vision System. This advanced technology creates a 3D map of the surroundings of an autonomous vehicle by using Lidar (Light Detection and Ranging) systems. This technology is highly sought after in the automotive industry as it allows autonomous vehicles to better perceive their environment and navigate more safely and efficiently. The history of Luokung Technology is characterized by a strong focus on GIS technologies and a good positioning in the Chinese market. The company has formed several important partnerships to accelerate its growth, including a collaboration with Baidu Maps to develop an autonomous driving system based on Luokung technologies. Overall, the company has developed a wide range of products and services that allow it to operate in various business sectors and strengthen its market position. Overall, Luokung Technology Corp has experienced impressive growth in recent years and has diversified its business. With its core competence in GIS technology and its strong positioning in the growing Chinese market, the company is in a strong position to continue growing in the coming years. Luokung Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Luokung Technology's Return on Equity (ROE)

Luokung Technology's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Luokung Technology's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Luokung Technology's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Luokung Technology’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Luokung Technology stock

What is the ROE (Return on Equity) of Luokung Technology this year?

The ROE of Luokung Technology this year is -0.42 undefined.

How has the Return on Equity (ROE) of Luokung Technology developed compared to the previous year?

The ROE of Luokung Technology has increased by -10.31% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Luokung Technology?

A high ROE indicates that Luokung Technology generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Luokung Technology?

A low ROE can indicate that Luokung Technology is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Luokung Technology affect the company?

A change in ROE (Return on Equity) of Luokung Technology can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Luokung Technology?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Luokung Technology?

Some factors that can influence Luokung Technology's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Luokung Technology pay?

Over the past 12 months, Luokung Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Luokung Technology is expected to pay a dividend of 0 USD.

What is the dividend yield of Luokung Technology?

The current dividend yield of Luokung Technology is .

When does Luokung Technology pay dividends?

Luokung Technology pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Luokung Technology?

Luokung Technology paid dividends every year for the past 0 years.

What is the dividend of Luokung Technology?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Luokung Technology located?

Luokung Technology is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Luokung Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Luokung Technology from 7/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

When did Luokung Technology pay the last dividend?

The last dividend was paid out on 7/12/2024.

What was the dividend of Luokung Technology in the year 2023?

In the year 2023, Luokung Technology distributed 0 USD as dividends.

In which currency does Luokung Technology pay out the dividend?

The dividends of Luokung Technology are distributed in USD.