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NOVA Technology Corp Stock

NOVA Technology Corp ROA 2024

NOVA Technology Corp ROA

0.04

Ticker

300921.SZ

ISIN

CNE1000049Y7

In 2024, NOVA Technology Corp's return on assets (ROA) was 0.04, a -35.24% increase from the 0.06 ROA in the previous year.

NOVA Technology Corp Aktienanalyse

What does NOVA Technology Corp do?

NOVA Technology Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding NOVA Technology Corp's Return on Assets (ROA)

NOVA Technology Corp'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 NOVA Technology Corp'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 NOVA Technology Corp'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 NOVA Technology Corp’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 NOVA Technology Corp stock

What is the Return on Assets (ROA) of NOVA Technology Corp this year?

The Return on Assets (ROA) of NOVA Technology Corp is 0.04 undefined this year.

What was the ROA of NOVA Technology Corp compared to the previous year?

The ROA of NOVA Technology Corp has increased by -35.24% compared to the previous year.

What consequences do high ROA have for investors of NOVA Technology Corp?

A high ROA is advantageous for investors of NOVA Technology Corp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in NOVA Technology Corp?

A low ROA can be unfavorable for investors of NOVA Technology Corp 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 NOVA Technology Corp affect the company?

An increase in ROA of NOVA Technology Corp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of NOVA Technology Corp impact the company?

A reduction in the ROA of NOVA Technology Corp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of NOVA Technology Corp?

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

Why is the ROA of NOVA Technology Corp important for investors?

The ROA of NOVA Technology Corp 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 NOVA Technology Corp take to improve ROA?

To improve ROA, NOVA Technology Corp 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 NOVA Technology Corp pay?

Over the past 12 months, NOVA Technology Corp paid a dividend of 0.2 CNY . This corresponds to a dividend yield of about 0.94 %. For the coming 12 months, NOVA Technology Corp is expected to pay a dividend of 0.2 CNY.

What is the dividend yield of NOVA Technology Corp?

The current dividend yield of NOVA Technology Corp is 0.94 %.

When does NOVA Technology Corp pay dividends?

NOVA Technology Corp pays a quarterly dividend. This is distributed in the months of July, June, July, July.

How secure is the dividend of NOVA Technology Corp?

NOVA Technology Corp paid dividends every year for the past 3 years.

What is the dividend of NOVA Technology Corp?

For the upcoming 12 months, dividends amounting to 0.2 CNY are expected. This corresponds to a dividend yield of 0.94 %.

In which sector is NOVA Technology Corp located?

NOVA Technology Corp is assigned to the 'Communication' sector.

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

To receive the latest dividend of NOVA Technology Corp from 6/4/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.

When did NOVA Technology Corp pay the last dividend?

The last dividend was paid out on 6/4/2024.

What was the dividend of NOVA Technology Corp in the year 2023?

In the year 2023, NOVA Technology Corp distributed 0.23 CNY as dividends.

In which currency does NOVA Technology Corp pay out the dividend?

The dividends of NOVA Technology Corp are distributed in CNY.

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Andere Kennzahlen von NOVA Technology Corp

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