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Ming Yang Smart Energy Group - Stock

Ming Yang Smart Energy Group ROA 2024

Ming Yang Smart Energy Group ROA

0

Ticker

601615.SS

ISIN

CNE100003HQ0

In 2024, Ming Yang Smart Energy Group's return on assets (ROA) was 0, a -91.14% increase from the 0.05 ROA in the previous year.

Ming Yang Smart Energy Group Aktienanalyse

What does Ming Yang Smart Energy Group do?

Ming Yang Smart Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ming Yang Smart Energy Group's Return on Assets (ROA)

Ming Yang Smart Energy Group'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 Ming Yang Smart Energy Group'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 Ming Yang Smart Energy Group'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 Ming Yang Smart Energy Group’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 Ming Yang Smart Energy Group Stock

What is the Return on Assets (ROA) of Ming Yang Smart Energy Group this year?

The Return on Assets (ROA) of Ming Yang Smart Energy Group is 0 undefined this year.

What was the ROA of Ming Yang Smart Energy Group compared to the previous year?

The ROA of Ming Yang Smart Energy Group has increased by -91.14% compared to the previous year.

What consequences do high ROA have for investors of Ming Yang Smart Energy Group?

A high ROA is advantageous for investors of Ming Yang Smart Energy Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Ming Yang Smart Energy Group?

A low ROA can be unfavorable for investors of Ming Yang Smart Energy Group 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 Ming Yang Smart Energy Group affect the company?

An increase in ROA of Ming Yang Smart Energy Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ming Yang Smart Energy Group impact the company?

A reduction in the ROA of Ming Yang Smart Energy Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ming Yang Smart Energy Group?

Some factors that can influence the ROA of Ming Yang Smart Energy Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ming Yang Smart Energy Group important for investors?

The ROA of Ming Yang Smart Energy Group 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 Ming Yang Smart Energy Group take to improve ROA?

To improve ROA, Ming Yang Smart Energy Group 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 Ming Yang Smart Energy Group pay?

Over the past 12 months, Ming Yang Smart Energy Group paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 2.77 %. For the coming 12 months, Ming Yang Smart Energy Group is expected to pay a dividend of 0.34 CNY.

What is the dividend yield of Ming Yang Smart Energy Group?

The current dividend yield of Ming Yang Smart Energy Group is 2.77 %.

When does Ming Yang Smart Energy Group pay dividends?

Ming Yang Smart Energy Group pays a quarterly dividend. This is distributed in the months of June, July, July, July.

How secure is the dividend of Ming Yang Smart Energy Group?

Ming Yang Smart Energy Group paid dividends every year for the past 8 years.

What is the dividend of Ming Yang Smart Energy Group?

For the upcoming 12 months, dividends amounting to 0.34 CNY are expected. This corresponds to a dividend yield of 3.07 %.

In which sector is Ming Yang Smart Energy Group located?

Ming Yang Smart Energy Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ming Yang Smart Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ming Yang Smart Energy Group from 6/14/2023 amounting to 0.304 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2023.

When did Ming Yang Smart Energy Group pay the last dividend?

The last dividend was paid out on 6/14/2023.

What was the dividend of Ming Yang Smart Energy Group in the year 2023?

In the year 2023, Ming Yang Smart Energy Group distributed 0.221 CNY as dividends.

In which currency does Ming Yang Smart Energy Group pay out the dividend?

The dividends of Ming Yang Smart Energy Group are distributed in CNY.

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Andere Kennzahlen von Ming Yang Smart Energy Group

Our stock analysis for Ming Yang Smart Energy Group 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 Ming Yang Smart Energy Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.