What is the Return on Assets (ROA) of Ningbo Jifeng Auto Parts Co this year?
The Return on Assets (ROA) of Ningbo Jifeng Auto Parts Co is 0.01 undefined this year.
Ningbo Jifeng Auto Parts Co ROA 2024
Ningbo Jifeng Auto Parts Co ROA
0.01
Ticker
603997.SS
ISIN
CNE100001V94
In 2024, Ningbo Jifeng Auto Parts Co's return on assets (ROA) was 0.01, a -112.38% increase from the -0.09 ROA in the previous year.
Ningbo Jifeng Auto Parts Co Aktienanalyse
What does Ningbo Jifeng Auto Parts Co do?
Ningbo Jifeng Auto Parts Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ningbo Jifeng Auto Parts Co's Return on Assets (ROA)
Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts 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 Jifeng Auto Parts 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 Jifeng Auto Parts 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 Jifeng Auto Parts Co Stock
What was the ROA of Ningbo Jifeng Auto Parts Co compared to the previous year?
The ROA of Ningbo Jifeng Auto Parts Co has increased by -112.38% compared to the previous year.
What consequences do high ROA have for investors of Ningbo Jifeng Auto Parts Co?
A high ROA is advantageous for investors of Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co?
A low ROA can be unfavorable for investors of Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co affect the company?
An increase in ROA of Ningbo Jifeng Auto Parts Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ningbo Jifeng Auto Parts Co impact the company?
A reduction in the ROA of Ningbo Jifeng Auto Parts Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ningbo Jifeng Auto Parts Co?
Some factors that can influence the ROA of Ningbo Jifeng Auto Parts Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ningbo Jifeng Auto Parts Co important for investors?
The ROA of Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co take to improve ROA?
To improve ROA, Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co pay?
Over the past 12 months, Ningbo Jifeng Auto Parts Co paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 1.65 %. For the coming 12 months, Ningbo Jifeng Auto Parts Co is expected to pay a dividend of 0 CNY.
What is the dividend yield of Ningbo Jifeng Auto Parts Co?
The current dividend yield of Ningbo Jifeng Auto Parts Co is 1.65 %.
When does Ningbo Jifeng Auto Parts Co pay dividends?
Ningbo Jifeng Auto Parts Co pays a quarterly dividend. This is distributed in the months of June, June, June, October.
How secure is the dividend of Ningbo Jifeng Auto Parts Co?
Ningbo Jifeng Auto Parts Co paid dividends every year for the past 3 years.
What is the dividend of Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co located?
Ningbo Jifeng Auto Parts Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Ningbo Jifeng Auto Parts Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ningbo Jifeng Auto Parts Co from 9/13/2021 amounting to 0.18 CNY, you needed to have the stock in your portfolio before the ex-date on 9/13/2021.
When did Ningbo Jifeng Auto Parts Co pay the last dividend?
The last dividend was paid out on 9/13/2021.
What was the dividend of Ningbo Jifeng Auto Parts Co in the year 2023?
In the year 2023, Ningbo Jifeng Auto Parts Co distributed 0 CNY as dividends.
In which currency does Ningbo Jifeng Auto Parts Co pay out the dividend?
The dividends of Ningbo Jifeng Auto Parts Co are distributed in CNY.
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Andere Kennzahlen von Ningbo Jifeng Auto Parts Co
Our stock analysis for Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- Ningbo Jifeng Auto Parts Co ROE
- Ningbo Jifeng Auto Parts Co ROA
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