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Qingdao TGOOD Electric Co Stock

Qingdao TGOOD Electric Co ROCE 2024

Qingdao TGOOD Electric Co ROCE

0.11

Ticker

300001.SZ

ISIN

CNE100000H69

In 2024, Qingdao TGOOD Electric Co's return on capital employed (ROCE) was 0.11, a 50.09% increase from the 0.07 ROCE in the previous year.

Qingdao TGOOD Electric Co Aktienanalyse

What does Qingdao TGOOD Electric Co do?

Qingdao TGOOD Electric Co Ltd is a Chinese company that specializes in the development, production, and distribution of electrical solutions. It was founded in 2004 and is headquartered in Qingdao, Shandong Province. History: Qingdao TGOOD Electric Co Ltd was founded by a team of experienced experts in the field of power distribution and supply. Since its inception, the company has continuously invested in research and development to develop innovative products and technologies. In 2010, the company began exporting its products to the international market and quickly established itself as one of the industry leaders. Business model: Qingdao TGOOD Electric Co Ltd's business model is based on the development and production of power supply and distribution solutions. The company is divided into several business areas, including intelligent power supply and distribution, electric mobility, renewable energy, and industrial automation. Products: Qingdao TGOOD Electric Co Ltd offers a wide range of products and solutions tailored to the needs of the power supply and distribution industry. Some of the company's key products include intelligent switchgear, transformer substations, electric vehicle charging stations, solar networks, wind farm networks, and industrial control systems. Qingdao TGOOD Electric Co Ltd is a leading provider of electrical solutions in China and has expanded its presence in international markets. The company is committed to developing and producing innovative and sustainable solutions for energy supply and distribution to meet the growing demand for energy and optimize energy consumption. Qingdao TGOOD Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Qingdao TGOOD Electric Co's Return on Capital Employed (ROCE)

Qingdao TGOOD Electric Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Qingdao TGOOD Electric Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Qingdao TGOOD Electric Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Qingdao TGOOD Electric Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Qingdao TGOOD Electric Co stock

What is the ROCE (Return on Capital Employed) of Qingdao TGOOD Electric Co this year?

The ROCE of Qingdao TGOOD Electric Co is 0.11 undefined this year.

How has the ROCE (Return on Capital Employed) of Qingdao TGOOD Electric Co developed compared to the previous year?

The ROCE of Qingdao TGOOD Electric Co has increased by 50.09% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Qingdao TGOOD Electric Co?

A high Return on Capital Employed (ROCE) indicates that Qingdao TGOOD Electric Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Qingdao TGOOD Electric Co?

A low ROCE (Return on Capital Employed) can indicate that Qingdao TGOOD Electric Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Qingdao TGOOD Electric Co impact the company?

An increase in the ROCE of Qingdao TGOOD Electric Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Qingdao TGOOD Electric Co affect the company?

A decrease in ROCE of Qingdao TGOOD Electric Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Qingdao TGOOD Electric Co?

Some factors that can affect Qingdao TGOOD Electric Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Qingdao TGOOD Electric Co so important for investors?

The ROCE of Qingdao TGOOD Electric Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Qingdao TGOOD Electric Co take to improve the ROCE?

To improve the ROCE, Qingdao TGOOD Electric Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Qingdao TGOOD Electric Co pay?

Over the past 12 months, Qingdao TGOOD Electric Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.26 %. For the coming 12 months, Qingdao TGOOD Electric Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of Qingdao TGOOD Electric Co?

The current dividend yield of Qingdao TGOOD Electric Co is 0.26 %.

When does Qingdao TGOOD Electric Co pay dividends?

Qingdao TGOOD Electric Co pays a quarterly dividend. This is distributed in the months of July, May, August, July.

How secure is the dividend of Qingdao TGOOD Electric Co?

Qingdao TGOOD Electric Co paid dividends every year for the past 10 years.

What is the dividend of Qingdao TGOOD Electric Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 0.27 %.

In which sector is Qingdao TGOOD Electric Co located?

Qingdao TGOOD Electric Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Qingdao TGOOD Electric Co from 6/14/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Qingdao TGOOD Electric Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Qingdao TGOOD Electric Co in the year 2023?

In the year 2023, Qingdao TGOOD Electric Co distributed 0.02 CNY as dividends.

In which currency does Qingdao TGOOD Electric Co pay out the dividend?

The dividends of Qingdao TGOOD Electric Co are distributed in CNY.

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Andere Kennzahlen von Qingdao TGOOD Electric Co

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