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Rainbow Digital Commercial Co Stock

Rainbow Digital Commercial Co ROA 2024

Rainbow Digital Commercial Co ROA

0.01

Ticker

002419.SZ

ISIN

CNE100000PS5

In 2024, Rainbow Digital Commercial Co's return on assets (ROA) was 0.01, a 101.65% increase from the 0 ROA in the previous year.

Rainbow Digital Commercial Co Aktienanalyse

What does Rainbow Digital Commercial Co do?

Rainbow Digital Commercial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Rainbow Digital Commercial Co's Return on Assets (ROA)

Rainbow Digital Commercial 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 Rainbow Digital Commercial 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 Rainbow Digital Commercial 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 Rainbow Digital Commercial 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 Rainbow Digital Commercial Co stock

What is the Return on Assets (ROA) of Rainbow Digital Commercial Co this year?

The Return on Assets (ROA) of Rainbow Digital Commercial Co is 0.01 undefined this year.

What was the ROA of Rainbow Digital Commercial Co compared to the previous year?

The ROA of Rainbow Digital Commercial Co has increased by 101.65% compared to the previous year.

What consequences do high ROA have for investors of Rainbow Digital Commercial Co?

A high ROA is advantageous for investors of Rainbow Digital Commercial 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 Rainbow Digital Commercial Co?

A low ROA can be unfavorable for investors of Rainbow Digital Commercial 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 Rainbow Digital Commercial Co affect the company?

An increase in ROA of Rainbow Digital Commercial Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Rainbow Digital Commercial Co impact the company?

A reduction in the ROA of Rainbow Digital Commercial Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Rainbow Digital Commercial Co?

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

Why is the ROA of Rainbow Digital Commercial Co important for investors?

The ROA of Rainbow Digital Commercial 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 Rainbow Digital Commercial Co take to improve ROA?

To improve ROA, Rainbow Digital Commercial 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 Rainbow Digital Commercial Co pay?

Over the past 12 months, Rainbow Digital Commercial Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.83 %. For the coming 12 months, Rainbow Digital Commercial Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of Rainbow Digital Commercial Co?

The current dividend yield of Rainbow Digital Commercial Co is 0.83 %.

When does Rainbow Digital Commercial Co pay dividends?

Rainbow Digital Commercial Co pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Rainbow Digital Commercial Co?

Rainbow Digital Commercial Co paid dividends every year for the past 16 years.

What is the dividend of Rainbow Digital Commercial Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 0.82 %.

In which sector is Rainbow Digital Commercial Co located?

Rainbow Digital Commercial Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Rainbow Digital Commercial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Rainbow Digital Commercial Co from 4/26/2024 amounting to 0.16 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Rainbow Digital Commercial Co pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Rainbow Digital Commercial Co in the year 2023?

In the year 2023, Rainbow Digital Commercial Co distributed 0.16 CNY as dividends.

In which currency does Rainbow Digital Commercial Co pay out the dividend?

The dividends of Rainbow Digital Commercial Co are distributed in CNY.

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Andere Kennzahlen von Rainbow Digital Commercial Co

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