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Qingdao Sentury Tire Co - Stock

Qingdao Sentury Tire Co ROA 2024

Qingdao Sentury Tire Co ROA

0.09

Ticker

002984.SZ

ISIN

CNE1000046G0

In 2024, Qingdao Sentury Tire Co's return on assets (ROA) was 0.09, a 21.43% increase from the 0.07 ROA in the previous year.

Qingdao Sentury Tire Co Aktienanalyse

What does Qingdao Sentury Tire Co do?

Qingdao Sentury Tire Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Qingdao Sentury Tire Co's Return on Assets (ROA)

Qingdao Sentury Tire 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 Sentury Tire 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 Sentury Tire 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 Sentury Tire 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 Sentury Tire Co Stock

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

The Return on Assets (ROA) of Qingdao Sentury Tire Co is 0.09 undefined this year.

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

The ROA of Qingdao Sentury Tire Co has increased by 21.43% compared to the previous year.

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

A high ROA is advantageous for investors of Qingdao Sentury Tire 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 Sentury Tire Co?

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

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

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

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

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

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

Why is the ROA of Qingdao Sentury Tire Co important for investors?

The ROA of Qingdao Sentury Tire 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 Sentury Tire Co take to improve ROA?

To improve ROA, Qingdao Sentury Tire 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 Sentury Tire Co pay?

Over the past 12 months, Qingdao Sentury Tire Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Qingdao Sentury Tire Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Qingdao Sentury Tire Co?

The current dividend yield of Qingdao Sentury Tire Co is .

When does Qingdao Sentury Tire Co pay dividends?

Qingdao Sentury Tire Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Qingdao Sentury Tire Co?

Qingdao Sentury Tire Co paid dividends every year for the past 3 years.

What is the dividend of Qingdao Sentury Tire Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Qingdao Sentury Tire Co located?

Qingdao Sentury Tire Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Qingdao Sentury Tire Co from 4/19/2024 amounting to 0.293 CNY, you needed to have the stock in your portfolio before the ex-date on 4/19/2024.

When did Qingdao Sentury Tire Co pay the last dividend?

The last dividend was paid out on 4/19/2024.

What was the dividend of Qingdao Sentury Tire Co in the year 2023?

In the year 2023, Qingdao Sentury Tire Co distributed 0.17 CNY as dividends.

In which currency does Qingdao Sentury Tire Co pay out the dividend?

The dividends of Qingdao Sentury Tire Co are distributed in CNY.

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Andere Kennzahlen von Qingdao Sentury Tire Co

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