Ningbo United Group Co EBIT 2024

Ningbo United Group Co EBIT

128.78 M CNY

Ningbo United Group Co Dividend yield

1.99 %

Ticker

600051.SS

ISIN

CNE000000PL1

In 2024, Ningbo United Group Co's EBIT was 128.78 M CNY, a -21.35% increase from the 163.74 M CNY EBIT recorded in the previous year.

The Ningbo United Group Co EBIT history

YEAREBIT (undefined CNY)
2023128.78
2022163.74
2021445.26
2020805.8
2019253.9
2018114.3
2017385
2016309.7
2015231.7
2014371.9
201314.6
20123.2
2011290.1
2010135.7
2009212.9
2008111.2
200729.8
2006404.5
2005115.1
200445.6

Ningbo United Group Co Aktienanalyse

What does Ningbo United Group Co do?

Ningbo United Group Co Ltd is a Chinese company that was founded in 1998. It is headquartered in Ningbo, a coastal city in the eastern Chinese province of Zhejiang. Ningbo United Group is a significant manufacturer of metal parts, electrical and electronic components, automotive parts, as well as household and kitchen products. The company's business model is based on comprehensive internal control of the production chain, from raw material extraction to processing, logistics, and distribution. The goal is to offer customers the highest quality at a competitive price while ensuring continuous improvement in product quality and internal processes. The company employs over 7,000 employees and operates in more than 20 countries worldwide, covering over 100 regions and cities. Ningbo United Group has a strong presence in the electrical and electronic, automotive, household, and kitchen industries. Key business areas of Ningbo United Group include the production of electrical and electronic components used in various applications including connectors, cables, switches, transformers, batteries, and chargers. These products are primarily used in the automotive industry, telecommunications, robotics, aerospace, and military applications. Another important business area is the manufacturing of automotive parts, including brakes, suspensions, drivetrains, and transmissions. Ningbo United Group also produces engine parts, airbags, and interior parts. The company is a leading manufacturer of automotive parts in China and is currently expanding its production and distribution overseas. In the field of household and kitchen products, Ningbo United Group produces tea pots, coffee and tea machines, and kitchen appliances. The company aims to bring these products to market under its own brand name. In recent years, Ningbo United Group has also focused on the development of renewable energy-based energy products, such as batteries for electric vehicles and solar modules. Overall, Ningbo United Group is a versatile company operating in various industries. The company strives to produce and sell its products at the highest quality level while pursuing a sustainable growth strategy. With its comprehensive expertise, top-notch production, and a constant pursuit of innovation and improvement, the company has laid a strong foundation for future growth and success. Ningbo United Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Ningbo United Group Co's EBIT

Ningbo United Group Co's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Ningbo United Group Co's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Ningbo United Group Co's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Ningbo United Group Co’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Ningbo United Group Co Stock

How much did Ningbo United Group Co achieve in EBIT for the current year?

In the current year, Ningbo United Group Co has achieved an EBIT of 128.78 M CNY.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Ningbo United Group Co.

How has the EBIT of Ningbo United Group Co developed in recent years?

The EBIT of Ningbo United Group Co has increased by -21.354% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Ningbo United Group Co?

The EBIT of Ningbo United Group Co is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Ningbo United Group Co pay?

Over the past 12 months, Ningbo United Group Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 1.99 %. For the coming 12 months, Ningbo United Group Co is expected to pay a dividend of 0.12 CNY.

What is the dividend yield of Ningbo United Group Co?

The current dividend yield of Ningbo United Group Co is 1.99 %.

When does Ningbo United Group Co pay dividends?

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

How secure is the dividend of Ningbo United Group Co?

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

What is the dividend of Ningbo United Group Co?

For the upcoming 12 months, dividends amounting to 0.12 CNY are expected. This corresponds to a dividend yield of 1.99 %.

In which sector is Ningbo United Group Co located?

Ningbo United Group Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Ningbo United Group Co from 6/16/2023 amounting to 0.12 CNY, you needed to have the stock in your portfolio before the ex-date on 6/16/2023.

When did Ningbo United Group Co pay the last dividend?

The last dividend was paid out on 6/16/2023.

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

In the year 2023, Ningbo United Group Co distributed 0.1 CNY as dividends.

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

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

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Andere Kennzahlen von Ningbo United Group Co

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