What is the Return on Assets (ROA) of Ocean Glass PCL this year?
The Return on Assets (ROA) of Ocean Glass PCL is 0 undefined this year.
Ocean Glass PCL ROA 2024
Ocean Glass PCL ROA
0
Ticker
OGC.BK
ISIN
TH0360010001
In 2024, Ocean Glass PCL's return on assets (ROA) was 0, a -37.37% increase from the 0.01 ROA in the previous year.
Ocean Glass PCL Aktienanalyse
What does Ocean Glass PCL do?
Ocean Glass PCL is the largest glass company in Thailand and one of the largest glass producers in Asia. Since its founding in 1979, the company has undergone continuous expansion and distributes its products in over 100 countries. History of Ocean Glass began in the Thai province of Pathum Thani when entrepreneur Asa Patrawiwatkul saw high potential in glass production. In the early 1980s, Ocean Glass PCL began producing glassware for households - from simple drinking glasses to complete glassware sets. Initially, the products were only distributed in Thailand and neighboring countries, but the company quickly ventured into the international market. Today, Ocean Glass PCL produces a wide range of glass products for various purposes and markets: glasses for private households, restaurants and bars, luxury hotels, as well as for the pharmaceutical and cosmetic industries. The company has significantly diversified its production processes: in addition to glass production, it also handles pre-production processes such as glass melting, surface treatment, quality assurance, packaging and shipping, as well as customer service and product design internally. With its three major business areas, Ocean Glass is a broadly positioned company that appeals to various target groups. The "Own Brands" division offers customers a wide portfolio of products, including wine coolers, carafes, and serving platters. Due to its own production in Thailand, the company can offer its products at competitive prices. The "OEM/Licenses" branch assists customers who do not have the infrastructure to produce their own glass products in creating their own designs and variants. For example, some well-known brands have chosen Ocean Glass to manufacture their products. In the third business area, the "Project Market," Ocean Glass produces and distributes glassware for the hotel industry, gastronomy, and catering. Here, the company acts as a project partner and collaborates closely with architects, interior designers, and other designers. Ocean Glass PCL is an important player in the global glass industry. With a focus on continuous improvement and expanding its capacities, the company continues its path of growing further and meeting the demand of its customers. Ocean Glass PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ocean Glass PCL's Return on Assets (ROA)
Ocean Glass PCL'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 Ocean Glass PCL'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 Ocean Glass PCL'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 Ocean Glass PCL’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 Ocean Glass PCL stock
What was the ROA of Ocean Glass PCL compared to the previous year?
The ROA of Ocean Glass PCL has increased by -37.37% compared to the previous year.
What consequences do high ROA have for investors of Ocean Glass PCL?
A high ROA is advantageous for investors of Ocean Glass PCL, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Ocean Glass PCL?
A low ROA can be unfavorable for investors of Ocean Glass PCL 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 Ocean Glass PCL affect the company?
An increase in ROA of Ocean Glass PCL can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ocean Glass PCL impact the company?
A reduction in the ROA of Ocean Glass PCL can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ocean Glass PCL?
Some factors that can influence the ROA of Ocean Glass PCL include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ocean Glass PCL important for investors?
The ROA of Ocean Glass PCL 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 Ocean Glass PCL take to improve ROA?
To improve ROA, Ocean Glass PCL 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 Ocean Glass PCL pay?
Over the past 12 months, Ocean Glass PCL paid a dividend of 0.57 THB . This corresponds to a dividend yield of about 2.79 %. For the coming 12 months, Ocean Glass PCL is expected to pay a dividend of 0.57 THB.
What is the dividend yield of Ocean Glass PCL?
The current dividend yield of Ocean Glass PCL is 2.79 %.
When does Ocean Glass PCL pay dividends?
Ocean Glass PCL pays a quarterly dividend. This is distributed in the months of April, April, April, April.
How secure is the dividend of Ocean Glass PCL?
Ocean Glass PCL paid dividends every year for the past 1 years.
What is the dividend of Ocean Glass PCL?
For the upcoming 12 months, dividends amounting to 0.57 THB are expected. This corresponds to a dividend yield of 2.79 %.
In which sector is Ocean Glass PCL located?
Ocean Glass PCL is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Ocean Glass PCL kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ocean Glass PCL from 5/16/2024 amounting to 0.57 THB, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.
When did Ocean Glass PCL pay the last dividend?
The last dividend was paid out on 5/16/2024.
What was the dividend of Ocean Glass PCL in the year 2023?
In the year 2023, Ocean Glass PCL distributed 0 THB as dividends.
In which currency does Ocean Glass PCL pay out the dividend?
The dividends of Ocean Glass PCL are distributed in THB.
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Andere Kennzahlen von Ocean Glass PCL
Our stock analysis for Ocean Glass PCL 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 Ocean Glass PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Ocean Glass PCL Revenue
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- Ocean Glass PCL EBIT
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- Ocean Glass PCL Market capitalization
- Ocean Glass PCL Debt
- Ocean Glass PCL Liabilities
- Ocean Glass PCL Equity
- Ocean Glass PCL AAQS
- Ocean Glass PCL Employees
- Ocean Glass PCL ROE
- Ocean Glass PCL ROA
- Ocean Glass PCL ROCE
