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Nexteer Automotive Group Stock

Nexteer Automotive Group ROA 2024

Nexteer Automotive Group ROA

0.01

Ticker

1316.HK

ISIN

KYG6501M1050

WKN

A1W6CU

In 2024, Nexteer Automotive Group's return on assets (ROA) was 0.01, a -37.96% increase from the 0.02 ROA in the previous year.

Nexteer Automotive Group Aktienanalyse

What does Nexteer Automotive Group do?

Nexteer Automotive Group Ltd is a multinational company based in Auburn Hills, Michigan. The company was founded in 2010 but has a long history as a supplier to the automotive industry. As a well-known manufacturer of steering systems and drivetrains, the company employs over 14,000 people worldwide and has production facilities in more than 20 countries. The business model of Nexteer Automotive Group Ltd is based on providing innovation in steering and drivetrain technology to meet the needs of automotive manufacturers. The company continuously invests in research and development to introduce the latest technologies and meet customer requirements. This includes the development of steering systems that encompass both assistive and active functions. Through its various business divisions, the company offers a wide range of products and services, including control systems for steering and drivetrain, electric power steering, drivetrains, hydraulic systems, and more. These products are sold to automotive manufacturers worldwide and often contribute to improving vehicle efficiency and safety. Nexteer Automotive Group Ltd is divided into three main divisions: Electric Drive Systems, Steering Systems, and Drivetrains. Nexteer's electric drive systems are part of its efforts to support the transition from traditional combustion engines to electric vehicles. The company offers a range of drive systems tailored to different vehicle types or can be retrofitted in existing ones already on the market. Nexteer's steering systems are another core area of the company. They cover a wide range of applications, both for passenger cars and commercial vehicles. These include rack and pinion steering, hydraulic steering systems, electric controls, and steering systems with integrated assistive functions. These systems improve driving safety and facilitate driving, especially on long and demanding routes. Finally, the company also specializes in drivetrains. Nexteer develops and manufactures a range of drivetrains for various vehicles. These include all types of drives, including front and rear axle drives, all-wheel drives, and hybrid drives. Nexteer's drivetrains are designed for high performance and efficiency, providing a smooth driving experience. Overall, Nexteer Automotive Group Ltd is an important part of the global automotive industry. The company was founded with powerful innovations and modern technology and has since become a key strategic partner for automotive manufacturers worldwide. With a focus on efficiency and safety, the company will continue to play an important role in the industry in the future. Nexteer Automotive Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Nexteer Automotive Group's Return on Assets (ROA)

Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive Group stock

What is the Return on Assets (ROA) of Nexteer Automotive Group this year?

The Return on Assets (ROA) of Nexteer Automotive Group is 0.01 undefined this year.

What was the ROA of Nexteer Automotive Group compared to the previous year?

The ROA of Nexteer Automotive Group has increased by -37.96% compared to the previous year.

What consequences do high ROA have for investors of Nexteer Automotive Group?

A high ROA is advantageous for investors of Nexteer Automotive 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 Nexteer Automotive Group?

A low ROA can be unfavorable for investors of Nexteer Automotive 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 Nexteer Automotive Group affect the company?

An increase in ROA of Nexteer Automotive Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Nexteer Automotive Group impact the company?

A reduction in the ROA of Nexteer Automotive Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Nexteer Automotive Group?

Some factors that can influence the ROA of Nexteer Automotive Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Nexteer Automotive Group important for investors?

The ROA of Nexteer Automotive 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 Nexteer Automotive Group take to improve ROA?

To improve ROA, Nexteer Automotive 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 Nexteer Automotive Group pay?

Over the past 12 months, Nexteer Automotive Group paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 11.09 %. For the coming 12 months, Nexteer Automotive Group is expected to pay a dividend of 0.03 USD.

What is the dividend yield of Nexteer Automotive Group?

The current dividend yield of Nexteer Automotive Group is 11.09 %.

When does Nexteer Automotive Group pay dividends?

Nexteer Automotive Group pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Nexteer Automotive Group?

Nexteer Automotive Group paid dividends every year for the past 15 years.

What is the dividend of Nexteer Automotive Group?

For the upcoming 12 months, dividends amounting to 0.03 USD are expected. This corresponds to a dividend yield of 10.39 %.

In which sector is Nexteer Automotive Group located?

Nexteer Automotive Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Nexteer Automotive Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nexteer Automotive Group from 7/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2024.

When did Nexteer Automotive Group pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Nexteer Automotive Group in the year 2023?

In the year 2023, Nexteer Automotive Group distributed 0.074 USD as dividends.

In which currency does Nexteer Automotive Group pay out the dividend?

The dividends of Nexteer Automotive Group are distributed in USD.

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Andere Kennzahlen von Nexteer Automotive Group

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