RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Ningbo Marine Co ROA 2024

Ningbo Marine Co ROA

0.02

Ningbo Marine Co Dividend yield

2.47 %

Ticker

600798.SS

ISIN

CNE000000PD8

In 2024, Ningbo Marine Co's return on assets (ROA) was 0.02, a -62.05% increase from the 0.04 ROA in the previous year.

Ningbo Marine Co Aktienanalyse

What does Ningbo Marine Co do?

Ningbo Marine Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

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

Ningbo Marine 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 Marine 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 Marine 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 Marine 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 Marine Co Stock

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

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

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

The ROA of Ningbo Marine Co has increased by -62.05% compared to the previous year.

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

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

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

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

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

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

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

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

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

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

To improve ROA, Ningbo Marine 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 Marine Co pay?

Over the past 12 months, Ningbo Marine Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 2.47 %. For the coming 12 months, Ningbo Marine Co is expected to pay a dividend of 0.08 CNY.

What is the dividend yield of Ningbo Marine Co?

The current dividend yield of Ningbo Marine Co is 2.47 %.

When does Ningbo Marine Co pay dividends?

Ningbo Marine Co pays a quarterly dividend. This is distributed in the months of June, July, August, August.

How secure is the dividend of Ningbo Marine Co?

Ningbo Marine Co paid dividends every year for the past 9 years.

What is the dividend of Ningbo Marine Co?

For the upcoming 12 months, dividends amounting to 0.08 CNY are expected. This corresponds to a dividend yield of 2.47 %.

In which sector is Ningbo Marine Co located?

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

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

To receive the latest dividend of Ningbo Marine Co from 7/13/2023 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2023.

When did Ningbo Marine Co pay the last dividend?

The last dividend was paid out on 7/13/2023.

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

In the year 2023, Ningbo Marine Co distributed 0.06 CNY as dividends.

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

The dividends of Ningbo Marine Co are distributed in CNY.

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Andere Kennzahlen von Ningbo Marine Co

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