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MeiG Smart Technology Co Stock

MeiG Smart Technology Co ROA 2024

MeiG Smart Technology Co ROA

0.03

Ticker

002881.SZ

ISIN

CNE100002Q41

In 2024, MeiG Smart Technology Co's return on assets (ROA) was 0.03, a -59.37% increase from the 0.07 ROA in the previous year.

MeiG Smart Technology Co Aktienanalyse

What does MeiG Smart Technology Co do?

MeiG Smart Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding MeiG Smart Technology Co's Return on Assets (ROA)

MeiG Smart Technology 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 MeiG Smart Technology 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 MeiG Smart Technology 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 MeiG Smart Technology 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 MeiG Smart Technology Co stock

What is the Return on Assets (ROA) of MeiG Smart Technology Co this year?

The Return on Assets (ROA) of MeiG Smart Technology Co is 0.03 undefined this year.

What was the ROA of MeiG Smart Technology Co compared to the previous year?

The ROA of MeiG Smart Technology Co has increased by -59.37% compared to the previous year.

What consequences do high ROA have for investors of MeiG Smart Technology Co?

A high ROA is advantageous for investors of MeiG Smart Technology 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 MeiG Smart Technology Co?

A low ROA can be unfavorable for investors of MeiG Smart Technology 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 MeiG Smart Technology Co affect the company?

An increase in ROA of MeiG Smart Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of MeiG Smart Technology Co impact the company?

A reduction in the ROA of MeiG Smart Technology Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of MeiG Smart Technology Co?

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

Why is the ROA of MeiG Smart Technology Co important for investors?

The ROA of MeiG Smart Technology 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 MeiG Smart Technology Co take to improve ROA?

To improve ROA, MeiG Smart Technology 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 MeiG Smart Technology Co pay?

Over the past 12 months, MeiG Smart Technology Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 0.39 %. For the coming 12 months, MeiG Smart Technology Co is expected to pay a dividend of 0.11 CNY.

What is the dividend yield of MeiG Smart Technology Co?

The current dividend yield of MeiG Smart Technology Co is 0.39 %.

When does MeiG Smart Technology Co pay dividends?

MeiG Smart Technology Co pays a quarterly dividend. This is distributed in the months of July, July, July, June.

How secure is the dividend of MeiG Smart Technology Co?

MeiG Smart Technology Co paid dividends every year for the past 9 years.

What is the dividend of MeiG Smart Technology Co?

For the upcoming 12 months, dividends amounting to 0.11 CNY are expected. This corresponds to a dividend yield of 0.44 %.

In which sector is MeiG Smart Technology Co located?

MeiG Smart Technology Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von MeiG Smart Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MeiG Smart Technology Co from 5/27/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 5/27/2024.

When did MeiG Smart Technology Co pay the last dividend?

The last dividend was paid out on 5/27/2024.

What was the dividend of MeiG Smart Technology Co in the year 2023?

In the year 2023, MeiG Smart Technology Co distributed 0.105 CNY as dividends.

In which currency does MeiG Smart Technology Co pay out the dividend?

The dividends of MeiG Smart Technology Co are distributed in CNY.

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Andere Kennzahlen von MeiG Smart Technology Co

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