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Ningbo Tuopu Group Co Stock

Ningbo Tuopu Group Co ROA 2024

Ningbo Tuopu Group Co ROA

0.07

Ticker

601689.SS

ISIN

CNE1000023J3

In 2024, Ningbo Tuopu Group Co's return on assets (ROA) was 0.07, a 13.1% increase from the 0.06 ROA in the previous year.

Ningbo Tuopu Group Co Aktienanalyse

What does Ningbo Tuopu Group Co do?

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ROA Details

Understanding Ningbo Tuopu Group Co's Return on Assets (ROA)

Ningbo Tuopu Group 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 Tuopu Group 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 Tuopu Group 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 Tuopu Group 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 Tuopu Group Co stock

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

The Return on Assets (ROA) of Ningbo Tuopu Group Co is 0.07 undefined this year.

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

The ROA of Ningbo Tuopu Group Co has increased by 13.1% compared to the previous year.

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

A high ROA is advantageous for investors of Ningbo Tuopu Group 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 Tuopu Group Co?

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

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

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

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

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

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

Why is the ROA of Ningbo Tuopu Group Co important for investors?

The ROA of Ningbo Tuopu Group 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 Tuopu Group Co take to improve ROA?

To improve ROA, Ningbo Tuopu Group 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 Tuopu Group Co pay?

Over the past 12 months, Ningbo Tuopu Group Co paid a dividend of 0.46 CNY . This corresponds to a dividend yield of about 0.79 %. For the coming 12 months, Ningbo Tuopu Group Co is expected to pay a dividend of 0.51 CNY.

What is the dividend yield of Ningbo Tuopu Group Co?

The current dividend yield of Ningbo Tuopu Group Co is 0.79 %.

When does Ningbo Tuopu Group Co pay dividends?

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

How secure is the dividend of Ningbo Tuopu Group Co?

Ningbo Tuopu Group Co paid dividends every year for the past 8 years.

What is the dividend of Ningbo Tuopu Group Co?

For the upcoming 12 months, dividends amounting to 0.51 CNY are expected. This corresponds to a dividend yield of 0.87 %.

In which sector is Ningbo Tuopu Group Co located?

Ningbo Tuopu Group Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Ningbo Tuopu Group Co from 7/17/2023 amounting to 0.463 CNY, you needed to have the stock in your portfolio before the ex-date on 7/17/2023.

When did Ningbo Tuopu Group Co pay the last dividend?

The last dividend was paid out on 7/17/2023.

What was the dividend of Ningbo Tuopu Group Co in the year 2023?

In the year 2023, Ningbo Tuopu Group Co distributed 0.278 CNY as dividends.

In which currency does Ningbo Tuopu Group Co pay out the dividend?

The dividends of Ningbo Tuopu Group Co are distributed in CNY.

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Andere Kennzahlen von Ningbo Tuopu Group Co

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