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Petronas Gas Bhd Stock

Petronas Gas Bhd ROA 2024

Petronas Gas Bhd ROA

0.09

Ticker

PETGAS.KL

ISIN

MYL6033OO004

WKN

896633

In 2024, Petronas Gas Bhd's return on assets (ROA) was 0.09, a 12.7% increase from the 0.08 ROA in the previous year.

Petronas Gas Bhd Aktienanalyse

What does Petronas Gas Bhd do?

Petronas Gas Bhd is a leading provider of gas supply and gas infrastructure in Malaysia and other countries in the region. The company was established in 1983 as a subsidiary of Petronas, the Malaysian state-owned oil and gas company. Since then, Petronas Gas has become a significant player in the energy industry, operating and maintaining pipelines, gas liquefaction and processing facilities, and producing industrial gases domestically and internationally. The company's business model focuses on ensuring reliable and secure gas supply for its customers. It operates an integrated model that encompasses the entire gas value chain, including the exploration and production of gas resources, as well as the transport and processing of natural gas and liquefied natural gas (LNG) through pipelines and facilities. The company also sells various industrial gases. Petronas Gas is divided into several business segments to effectively serve its wide range of products and services. This includes the gas distribution and storage segment, which specializes in providing pipeline systems and storage facilities in gas supply areas. The LNG segment covers the processing, storage, and transportation of LNG, with Petronas Gas having a vast network of facilities and tankers. The industrial gases segment offers a broad range of gases (such as oxygen, nitrogen, and argon) used in various industries including metallurgy, food, and chemicals. The company offers a variety of products and services, from household supply to energy provision for industrial plants. It places a significant focus on serving industrial customers who rely on reliable and efficient energy supply, including steel, chemical, and food industries. Petronas Gas also provides services in the oil and gas infrastructure sector by operating pipelines and storage facilities. Petronas Gas is committed to environmental engagement and promotes the use of renewable energies. The company is involved in the development of LNG fuels and plans to explore and utilize other alternative energies in the future. Overall, Petronas Gas Bhd is a significant player in the energy industry with a wide range of products and services. The company strives to ensure reliable and secure gas supply and has expanded its activities in renewable energies in recent years. Petronas Gas Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Petronas Gas Bhd's Return on Assets (ROA)

Petronas Gas Bhd'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 Petronas Gas Bhd'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 Petronas Gas Bhd'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 Petronas Gas Bhd’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 Petronas Gas Bhd stock

What is the Return on Assets (ROA) of Petronas Gas Bhd this year?

The Return on Assets (ROA) of Petronas Gas Bhd is 0.09 undefined this year.

What was the ROA of Petronas Gas Bhd compared to the previous year?

The ROA of Petronas Gas Bhd has increased by 12.7% compared to the previous year.

What consequences do high ROA have for investors of Petronas Gas Bhd?

A high ROA is advantageous for investors of Petronas Gas Bhd, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Petronas Gas Bhd?

A low ROA can be unfavorable for investors of Petronas Gas Bhd 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 Petronas Gas Bhd affect the company?

An increase in ROA of Petronas Gas Bhd can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Petronas Gas Bhd impact the company?

A reduction in the ROA of Petronas Gas Bhd can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Petronas Gas Bhd?

Some factors that can influence the ROA of Petronas Gas Bhd include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Petronas Gas Bhd important for investors?

The ROA of Petronas Gas Bhd 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 Petronas Gas Bhd take to improve ROA?

To improve ROA, Petronas Gas Bhd 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 Petronas Gas Bhd pay?

Over the past 12 months, Petronas Gas Bhd paid a dividend of 0.72 MYR . This corresponds to a dividend yield of about 3.99 %. For the coming 12 months, Petronas Gas Bhd is expected to pay a dividend of 0.74 MYR.

What is the dividend yield of Petronas Gas Bhd?

The current dividend yield of Petronas Gas Bhd is 3.99 %.

When does Petronas Gas Bhd pay dividends?

Petronas Gas Bhd pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Petronas Gas Bhd?

Petronas Gas Bhd paid dividends every year for the past 23 years.

What is the dividend of Petronas Gas Bhd?

For the upcoming 12 months, dividends amounting to 0.74 MYR are expected. This corresponds to a dividend yield of 4.11 %.

In which sector is Petronas Gas Bhd located?

Petronas Gas Bhd is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Petronas Gas Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Petronas Gas Bhd from 6/27/2024 amounting to 0.16 MYR, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Petronas Gas Bhd pay the last dividend?

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

What was the dividend of Petronas Gas Bhd in the year 2023?

In the year 2023, Petronas Gas Bhd distributed 0.6 MYR as dividends.

In which currency does Petronas Gas Bhd pay out the dividend?

The dividends of Petronas Gas Bhd are distributed in MYR.

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Andere Kennzahlen von Petronas Gas Bhd

Our stock analysis for Petronas Gas Bhd 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 Petronas Gas Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.