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Qingdao Doublestar Co Stock

Qingdao Doublestar Co ROA 2024

Qingdao Doublestar Co ROA

-0.02

Ticker

000599.SZ

ISIN

CNE000000K17

In 2024, Qingdao Doublestar Co's return on assets (ROA) was -0.02, a -70.48% increase from the -0.06 ROA in the previous year.

Qingdao Doublestar Co Aktienanalyse

What does Qingdao Doublestar Co do?

Qingdao Doublestar Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Qingdao Doublestar Co's Return on Assets (ROA)

Qingdao Doublestar 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 Doublestar 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 Doublestar 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 Doublestar 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 Doublestar Co stock

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

The Return on Assets (ROA) of Qingdao Doublestar Co is -0.02 undefined this year.

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

The ROA of Qingdao Doublestar Co has increased by -70.48% compared to the previous year.

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

A high ROA is advantageous for investors of Qingdao Doublestar 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 Doublestar Co?

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

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

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

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

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

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

Why is the ROA of Qingdao Doublestar Co important for investors?

The ROA of Qingdao Doublestar 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 Doublestar Co take to improve ROA?

To improve ROA, Qingdao Doublestar 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 Doublestar Co pay?

Over the past 12 months, Qingdao Doublestar Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 0.31 %. For the coming 12 months, Qingdao Doublestar Co is expected to pay a dividend of 0.01 CNY.

What is the dividend yield of Qingdao Doublestar Co?

The current dividend yield of Qingdao Doublestar Co is 0.31 %.

When does Qingdao Doublestar Co pay dividends?

Qingdao Doublestar Co pays a quarterly dividend. This is distributed in the months of September, August, July, August.

How secure is the dividend of Qingdao Doublestar Co?

Qingdao Doublestar Co paid dividends every year for the past 0 years.

What is the dividend of Qingdao Doublestar Co?

For the upcoming 12 months, dividends amounting to 0.01 CNY are expected. This corresponds to a dividend yield of 0.31 %.

In which sector is Qingdao Doublestar Co located?

Qingdao Doublestar Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Qingdao Doublestar Co from 7/15/2022 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 7/15/2022.

When did Qingdao Doublestar Co pay the last dividend?

The last dividend was paid out on 7/15/2022.

What was the dividend of Qingdao Doublestar Co in the year 2023?

In the year 2023, Qingdao Doublestar Co distributed 0.01 CNY as dividends.

In which currency does Qingdao Doublestar Co pay out the dividend?

The dividends of Qingdao Doublestar Co are distributed in CNY.

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Andere Kennzahlen von Qingdao Doublestar Co

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