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Northeast Electric Development Co - Stock

Northeast Electric Development Co ROCE 2024

Northeast Electric Development Co ROCE

0.12

Ticker

000585.SZ

ISIN

CNE000000677

In 2024, Northeast Electric Development Co's return on capital employed (ROCE) was 0.12, a 0% increase from the 0 ROCE in the previous year.

Northeast Electric Development Co Aktienanalyse

What does Northeast Electric Development Co do?

The Northeast Electric Development Co Ltd (NEEC) is a Chinese company that was founded in 2002 and has since experienced steady growth. Based in Shenyang, the capital of Liaoning Province, the company has become a major player in the electrical industry. NEEC's business model is diverse and includes various sectors, including the production of electrical equipment and machinery, the provision of engineering and consulting services, and the trading of electrical products. One of NEEC's key products is cables and cable systems, which have diverse applications in energy transmission and distribution. This includes high-voltage cables for use in transmission networks, as well as low and medium-voltage cables for power supply in residential and commercial areas. Another central product is electrical switchgear and automation systems. These are used in both industrial applications and power supply. NEEC offers both customized solutions and standardized products in this area. In the field of renewable energies, NEEC has developed significant expertise and offers solar and wind power systems, as well as related systems and services. Particularly noteworthy is the development of tailor-made solutions for customers and the associated focus on sustainability and environmental protection. Another important business area for NEEC is the trading of electrical products. The company often acts as an intermediary between manufacturers and customers and offers a wide range of products, including cables, lights, switchgear, and automated systems. While NEEC primarily operates nationally, it also has international ambitions and has sold its products in many countries worldwide, especially in Asia, Africa, and South America. Particularly notable is its strong presence in developing countries where electrification is often not yet well advanced. The history of NEEC is marked by consistent growth and the use of state-of-the-art technologies. In recent years, it has made several major acquisitions to strengthen its market position. Engagement in research and development also plays an important role, and NEEC has received numerous patents and awards. Overall, NEEC is a diversified company that enjoys an excellent international reputation in the electrical industry due to its innovation and expertise. With its comprehensive range of products and services, the company offers its customers tailor-made solutions and has established itself as an important provider in a growing global market. Northeast Electric Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Northeast Electric Development Co's Return on Capital Employed (ROCE)

Northeast Electric Development Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Northeast Electric Development Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Northeast Electric Development Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Northeast Electric Development Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Northeast Electric Development Co Stock

What is the ROCE (Return on Capital Employed) of Northeast Electric Development Co this year?

The ROCE of Northeast Electric Development Co is 0.12 undefined this year.

How has the ROCE (Return on Capital Employed) of Northeast Electric Development Co developed compared to the previous year?

The ROCE of Northeast Electric Development Co has increased by 0% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Northeast Electric Development Co?

A high Return on Capital Employed (ROCE) indicates that Northeast Electric Development Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Northeast Electric Development Co?

A low ROCE (Return on Capital Employed) can indicate that Northeast Electric Development Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Northeast Electric Development Co impact the company?

An increase in the ROCE of Northeast Electric Development Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Northeast Electric Development Co affect the company?

A decrease in ROCE of Northeast Electric Development Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Northeast Electric Development Co?

Some factors that can affect Northeast Electric Development Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Northeast Electric Development Co so important for investors?

The ROCE of Northeast Electric Development Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Northeast Electric Development Co take to improve the ROCE?

To improve the ROCE, Northeast Electric Development Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Northeast Electric Development Co pay?

Over the past 12 months, Northeast Electric Development Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northeast Electric Development Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Northeast Electric Development Co?

The current dividend yield of Northeast Electric Development Co is .

When does Northeast Electric Development Co pay dividends?

Northeast Electric Development Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northeast Electric Development Co?

Northeast Electric Development Co paid dividends every year for the past 0 years.

What is the dividend of Northeast Electric Development 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 Northeast Electric Development Co located?

Northeast Electric Development Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Northeast Electric Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northeast Electric Development Co from 6/27/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Northeast Electric Development Co pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Northeast Electric Development Co in the year 2023?

In the year 2023, Northeast Electric Development Co distributed 0 CNY as dividends.

In which currency does Northeast Electric Development Co pay out the dividend?

The dividends of Northeast Electric Development Co are distributed in CNY.

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Andere Kennzahlen von Northeast Electric Development Co

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