Mijem Newcomm Tech Stock

Mijem Newcomm Tech ROCE 2024

Mijem Newcomm Tech ROCE

3.78

Ticker

MJEM.CN

ISIN

CA59863N5073

In 2024, Mijem Newcomm Tech's return on capital employed (ROCE) was 3.78, a -170.85% increase from the -5.33 ROCE in the previous year.

Mijem Newcomm Tech Aktienanalyse

What does Mijem Newcomm Tech do?

Mijem Newcomm Tech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Mijem Newcomm Tech's Return on Capital Employed (ROCE)

Mijem Newcomm Tech's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Mijem Newcomm Tech's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Mijem Newcomm Tech's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Mijem Newcomm Tech’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Mijem Newcomm Tech stock

What is the ROCE (Return on Capital Employed) of Mijem Newcomm Tech this year?

The ROCE of Mijem Newcomm Tech is 3.78 undefined this year.

How has the ROCE (Return on Capital Employed) of Mijem Newcomm Tech developed compared to the previous year?

The ROCE of Mijem Newcomm Tech has increased by -170.85% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Mijem Newcomm Tech?

A high Return on Capital Employed (ROCE) indicates that Mijem Newcomm Tech has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Mijem Newcomm Tech?

A low ROCE (Return on Capital Employed) can indicate that Mijem Newcomm Tech has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Mijem Newcomm Tech impact the company?

An increase in the ROCE of Mijem Newcomm Tech can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Mijem Newcomm Tech affect the company?

A decrease in ROCE of Mijem Newcomm Tech can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Mijem Newcomm Tech?

Some factors that can affect Mijem Newcomm Tech's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Mijem Newcomm Tech so important for investors?

The ROCE of Mijem Newcomm Tech is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Mijem Newcomm Tech take to improve the ROCE?

To improve the ROCE, Mijem Newcomm Tech can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Mijem Newcomm Tech pay?

Over the past 12 months, Mijem Newcomm Tech paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Mijem Newcomm Tech is expected to pay a dividend of 0 CAD.

What is the dividend yield of Mijem Newcomm Tech?

The current dividend yield of Mijem Newcomm Tech is .

When does Mijem Newcomm Tech pay dividends?

Mijem Newcomm Tech pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Mijem Newcomm Tech?

Mijem Newcomm Tech paid dividends every year for the past 0 years.

What is the dividend of Mijem Newcomm Tech?

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

In which sector is Mijem Newcomm Tech located?

Mijem Newcomm Tech is assigned to the '-' sector.

Wann musste ich die Aktien von Mijem Newcomm Tech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mijem Newcomm Tech from 11/14/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 11/14/2024.

When did Mijem Newcomm Tech pay the last dividend?

The last dividend was paid out on 11/14/2024.

What was the dividend of Mijem Newcomm Tech in the year 2023?

In the year 2023, Mijem Newcomm Tech distributed 0 CAD as dividends.

In which currency does Mijem Newcomm Tech pay out the dividend?

The dividends of Mijem Newcomm Tech are distributed in CAD.

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Andere Kennzahlen von Mijem Newcomm Tech

Our stock analysis for Mijem Newcomm Tech 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 Mijem Newcomm Tech Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.