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Northeast Electric Development Co - Stock

Northeast Electric Development Co ROA 2024

Northeast Electric Development Co ROA

0.09

Ticker

000585.SZ

ISIN

CNE000000677

In 2024, Northeast Electric Development Co's return on assets (ROA) was 0.09, a 0% increase from the 0 ROA 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.

ROA Details

Understanding Northeast Electric Development Co's Return on Assets (ROA)

Northeast Electric Development 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 Northeast Electric Development 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 Northeast Electric Development 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 Northeast Electric Development 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 Northeast Electric Development Co Stock

What is the Return on Assets (ROA) of Northeast Electric Development Co this year?

The Return on Assets (ROA) of Northeast Electric Development Co is 0.09 undefined this year.

What was the ROA of Northeast Electric Development Co compared to the previous year?

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

What consequences do high ROA have for investors of Northeast Electric Development Co?

A high ROA is advantageous for investors of Northeast Electric Development 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 Northeast Electric Development Co?

A low ROA can be unfavorable for investors of Northeast Electric Development 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 Northeast Electric Development Co affect the company?

An increase in ROA of Northeast Electric Development Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Northeast Electric Development Co impact the company?

A reduction in the ROA of Northeast Electric Development Co can be an indicator of lower asset efficiency and profitability.

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

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

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

The ROA of Northeast Electric Development 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 Northeast Electric Development Co take to improve ROA?

To improve ROA, Northeast Electric Development 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 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 6/28/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Northeast Electric Development Co pay the last dividend?

The last dividend was paid out on 6/28/2024.

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.