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Ningbo Cixing Co Stock

Ningbo Cixing Co ROA 2024

Ningbo Cixing Co ROA

0.02

Ticker

300307.SZ

ISIN

CNE100001CT9

In 2024, Ningbo Cixing Co's return on assets (ROA) was 0.02, a 15.35% increase from the 0.02 ROA in the previous year.

Ningbo Cixing Co Aktienanalyse

What does Ningbo Cixing Co do?

Ningbo Cixing Co Ltd is a Chinese company that was founded in 1992. It is a leading manufacturer of intelligent sewing machines, labeling systems, and industrial sewing machines. With over 25 years of experience in the industry, the company has built an excellent reputation. The business model of Ningbo Cixing Co Ltd is based on the manufacturing and selling of sewing machines, labeling systems, and industrial sewing machines. The company's product range is very extensive, ranging from simple household sewing machines to high-end industrial machines specifically tailored to the type of fabric and intended use. The company specializes in the production and sale of intelligent sewing machines equipped with advanced technology, allowing for high precision and speed. In addition, Ningbo Cixing Co Ltd has also developed a wide range of labeling systems used in various industries such as the pharmaceutical, food, and clothing industries. The company also has a division for industrial sewing machines specifically designed to meet the needs of factories and production lines. These machines are highly robust and powerful to meet the daily demands in the factory. In addition to manufacturing sewing machines and labeling systems, the company also provides after-sales service and training to ensure that customers can maximize the performance of their machines. Ningbo Cixing Co Ltd has built an excellent reputation due to its innovative technology and outstanding customer service. The company has received multiple awards and is considered one of the top companies in the industry. In summary, Ningbo Cixing Co Ltd is a leading manufacturer of intelligent sewing machines, labeling systems, and industrial sewing machines. The company has built an excellent reputation in the industry and offers a wide range of products and services to ensure that customers can get the best performance out of their machines. Ningbo Cixing Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ningbo Cixing Co's Return on Assets (ROA)

Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing Co stock

What is the Return on Assets (ROA) of Ningbo Cixing Co this year?

The Return on Assets (ROA) of Ningbo Cixing Co is 0.02 undefined this year.

What was the ROA of Ningbo Cixing Co compared to the previous year?

The ROA of Ningbo Cixing Co has increased by 15.35% compared to the previous year.

What consequences do high ROA have for investors of Ningbo Cixing Co?

A high ROA is advantageous for investors of Ningbo Cixing 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 Ningbo Cixing Co?

A low ROA can be unfavorable for investors of Ningbo Cixing 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 Ningbo Cixing Co affect the company?

An increase in ROA of Ningbo Cixing Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ningbo Cixing Co impact the company?

A reduction in the ROA of Ningbo Cixing Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ningbo Cixing Co?

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

Why is the ROA of Ningbo Cixing Co important for investors?

The ROA of Ningbo Cixing 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 Ningbo Cixing Co take to improve ROA?

To improve ROA, Ningbo Cixing 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 Ningbo Cixing Co pay?

Over the past 12 months, Ningbo Cixing Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.34 %. For the coming 12 months, Ningbo Cixing Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Ningbo Cixing Co?

The current dividend yield of Ningbo Cixing Co is 0.34 %.

When does Ningbo Cixing Co pay dividends?

Ningbo Cixing Co pays a quarterly dividend. This is distributed in the months of May, June, June, June.

How secure is the dividend of Ningbo Cixing Co?

Ningbo Cixing Co paid dividends every year for the past 0 years.

What is the dividend of Ningbo Cixing Co?

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

In which sector is Ningbo Cixing Co located?

Ningbo Cixing Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ningbo Cixing Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ningbo Cixing Co from 5/31/2019 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 5/31/2019.

When did Ningbo Cixing Co pay the last dividend?

The last dividend was paid out on 5/31/2019.

What was the dividend of Ningbo Cixing Co in the year 2023?

In the year 2023, Ningbo Cixing Co distributed 0 CNY as dividends.

In which currency does Ningbo Cixing Co pay out the dividend?

The dividends of Ningbo Cixing Co are distributed in CNY.

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Andere Kennzahlen von Ningbo Cixing Co

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