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Qingdao Hanhe Cable Co Stock

Qingdao Hanhe Cable Co ROA 2024

Qingdao Hanhe Cable Co ROA

0.07

Ticker

002498.SZ

ISIN

CNE100000WG6

In 2024, Qingdao Hanhe Cable Co's return on assets (ROA) was 0.07, a -8.46% increase from the 0.08 ROA in the previous year.

Qingdao Hanhe Cable Co Aktienanalyse

What does Qingdao Hanhe Cable Co do?

Qingdao Hanhe Cable Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Qingdao Hanhe Cable Co's Return on Assets (ROA)

Qingdao Hanhe Cable 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 Hanhe Cable 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 Hanhe Cable 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 Hanhe Cable 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 Hanhe Cable Co stock

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

The Return on Assets (ROA) of Qingdao Hanhe Cable Co is 0.07 undefined this year.

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

The ROA of Qingdao Hanhe Cable Co has increased by -8.46% compared to the previous year.

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

A high ROA is advantageous for investors of Qingdao Hanhe Cable 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 Hanhe Cable Co?

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

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

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

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

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

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

Why is the ROA of Qingdao Hanhe Cable Co important for investors?

The ROA of Qingdao Hanhe Cable 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 Hanhe Cable Co take to improve ROA?

To improve ROA, Qingdao Hanhe Cable 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 Hanhe Cable Co pay?

Over the past 12 months, Qingdao Hanhe Cable Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, Qingdao Hanhe Cable Co is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Qingdao Hanhe Cable Co?

The current dividend yield of Qingdao Hanhe Cable Co is 1.06 %.

When does Qingdao Hanhe Cable Co pay dividends?

Qingdao Hanhe Cable Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Qingdao Hanhe Cable Co?

Qingdao Hanhe Cable Co paid dividends every year for the past 16 years.

What is the dividend of Qingdao Hanhe Cable Co?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.16 %.

In which sector is Qingdao Hanhe Cable Co located?

Qingdao Hanhe Cable Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Qingdao Hanhe Cable Co from 6/12/2024 amounting to 0.036 CNY, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.

When did Qingdao Hanhe Cable Co pay the last dividend?

The last dividend was paid out on 6/12/2024.

What was the dividend of Qingdao Hanhe Cable Co in the year 2023?

In the year 2023, Qingdao Hanhe Cable Co distributed 0.036 CNY as dividends.

In which currency does Qingdao Hanhe Cable Co pay out the dividend?

The dividends of Qingdao Hanhe Cable Co are distributed in CNY.

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Andere Kennzahlen von Qingdao Hanhe Cable Co

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