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Meiji Electric Industries Co Stock

Meiji Electric Industries Co ROA 2024

Meiji Electric Industries Co ROA

0.05

Ticker

3388.T

ISIN

JP3917600003

In 2024, Meiji Electric Industries Co's return on assets (ROA) was 0.05, a 16.7% increase from the 0.04 ROA in the previous year.

Meiji Electric Industries Co Aktienanalyse

What does Meiji Electric Industries Co do?

Meiji Electric Industries Co Ltd is a Japanese manufacturer and developer of electrical and electronic devices operating since 1946. The company is headquartered in Tokyo and operates production facilities in Thailand and China. Meiji Electric Industries Co Ltd is known as a manufacturer of products such as switches, sockets, automation devices, power breakers, and fuses, and has become an important player in the electrical industry in recent decades. Meiji Electric Industries Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Meiji Electric Industries Co's Return on Assets (ROA)

Meiji Electric Industries 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 Meiji Electric Industries 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 Meiji Electric Industries 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 Meiji Electric Industries 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 Meiji Electric Industries Co stock

What is the Return on Assets (ROA) of Meiji Electric Industries Co this year?

The Return on Assets (ROA) of Meiji Electric Industries Co is 0.05 undefined this year.

What was the ROA of Meiji Electric Industries Co compared to the previous year?

The ROA of Meiji Electric Industries Co has increased by 16.7% compared to the previous year.

What consequences do high ROA have for investors of Meiji Electric Industries Co?

A high ROA is advantageous for investors of Meiji Electric Industries 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 Meiji Electric Industries Co?

A low ROA can be unfavorable for investors of Meiji Electric Industries 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 Meiji Electric Industries Co affect the company?

An increase in ROA of Meiji Electric Industries Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Meiji Electric Industries Co impact the company?

A reduction in the ROA of Meiji Electric Industries Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Meiji Electric Industries Co?

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

Why is the ROA of Meiji Electric Industries Co important for investors?

The ROA of Meiji Electric Industries 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 Meiji Electric Industries Co take to improve ROA?

To improve ROA, Meiji Electric Industries 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 Meiji Electric Industries Co pay?

Over the past 12 months, Meiji Electric Industries Co paid a dividend of 68 JPY . This corresponds to a dividend yield of about 4.98 %. For the coming 12 months, Meiji Electric Industries Co is expected to pay a dividend of 71.06 JPY.

What is the dividend yield of Meiji Electric Industries Co?

The current dividend yield of Meiji Electric Industries Co is 4.98 %.

When does Meiji Electric Industries Co pay dividends?

Meiji Electric Industries Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Meiji Electric Industries Co?

Meiji Electric Industries Co paid dividends every year for the past 21 years.

What is the dividend of Meiji Electric Industries Co?

For the upcoming 12 months, dividends amounting to 71.06 JPY are expected. This corresponds to a dividend yield of 5.2 %.

In which sector is Meiji Electric Industries Co located?

Meiji Electric Industries Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Meiji Electric Industries Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Meiji Electric Industries Co from 12/1/2024 amounting to 30 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Meiji Electric Industries Co pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Meiji Electric Industries Co in the year 2023?

In the year 2023, Meiji Electric Industries Co distributed 52 JPY as dividends.

In which currency does Meiji Electric Industries Co pay out the dividend?

The dividends of Meiji Electric Industries Co are distributed in JPY.

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Andere Kennzahlen von Meiji Electric Industries Co

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