Qingdao CHOHO Industrial Co Stock

Qingdao CHOHO Industrial Co ROA 2024

Qingdao CHOHO Industrial Co ROA

0.05

Ticker

003033.SZ

ISIN

CNE1000049S9

In 2024, Qingdao CHOHO Industrial Co's return on assets (ROA) was 0.05, a -47.04% increase from the 0.1 ROA in the previous year.

Qingdao CHOHO Industrial Co Aktienanalyse

What does Qingdao CHOHO Industrial Co do?

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ROA Details

Understanding Qingdao CHOHO Industrial Co's Return on Assets (ROA)

Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial Co stock

What is the Return on Assets (ROA) of Qingdao CHOHO Industrial Co this year?

The Return on Assets (ROA) of Qingdao CHOHO Industrial Co is 0.05 undefined this year.

What was the ROA of Qingdao CHOHO Industrial Co compared to the previous year?

The ROA of Qingdao CHOHO Industrial Co has increased by -47.04% compared to the previous year.

What consequences do high ROA have for investors of Qingdao CHOHO Industrial Co?

A high ROA is advantageous for investors of Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial Co?

A low ROA can be unfavorable for investors of Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial Co affect the company?

An increase in ROA of Qingdao CHOHO Industrial Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Qingdao CHOHO Industrial Co impact the company?

A reduction in the ROA of Qingdao CHOHO Industrial Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Qingdao CHOHO Industrial Co?

Some factors that can influence the ROA of Qingdao CHOHO Industrial Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Qingdao CHOHO Industrial Co important for investors?

The ROA of Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial Co take to improve ROA?

To improve ROA, Qingdao CHOHO Industrial 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 Qingdao CHOHO Industrial Co pay?

Over the past 12 months, Qingdao CHOHO Industrial Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 1.89 %. For the coming 12 months, Qingdao CHOHO Industrial Co is expected to pay a dividend of 0.56 CNY.

What is the dividend yield of Qingdao CHOHO Industrial Co?

The current dividend yield of Qingdao CHOHO Industrial Co is 1.89 %.

When does Qingdao CHOHO Industrial Co pay dividends?

Qingdao CHOHO Industrial Co pays a quarterly dividend. This is distributed in the months of July, July, July, June.

How secure is the dividend of Qingdao CHOHO Industrial Co?

Qingdao CHOHO Industrial Co paid dividends every year for the past 5 years.

What is the dividend of Qingdao CHOHO Industrial Co?

For the upcoming 12 months, dividends amounting to 0.56 CNY are expected. This corresponds to a dividend yield of 2.11 %.

In which sector is Qingdao CHOHO Industrial Co located?

Qingdao CHOHO Industrial Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Qingdao CHOHO Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Qingdao CHOHO Industrial Co from 5/30/2024 amounting to 0.5 CNY, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.

When did Qingdao CHOHO Industrial Co pay the last dividend?

The last dividend was paid out on 5/30/2024.

What was the dividend of Qingdao CHOHO Industrial Co in the year 2023?

In the year 2023, Qingdao CHOHO Industrial Co distributed 0.4 CNY as dividends.

In which currency does Qingdao CHOHO Industrial Co pay out the dividend?

The dividends of Qingdao CHOHO Industrial Co are distributed in CNY.

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Andere Kennzahlen von Qingdao CHOHO Industrial Co

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