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Red Avenue New Materials Group Co Stock

Red Avenue New Materials Group Co ROE 2024

Red Avenue New Materials Group Co ROE

0.12

Ticker

603650.SS

ISIN

CNE1000036G1

In 2024, Red Avenue New Materials Group Co's return on equity (ROE) was 0.12, a 21.71% increase from the 0.1 ROE in the previous year.

Red Avenue New Materials Group Co Aktienanalyse

What does Red Avenue New Materials Group Co do?

Red Avenue New Materials Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Red Avenue New Materials Group Co's Return on Equity (ROE)

Red Avenue New Materials Group Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Red Avenue New Materials Group Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Red Avenue New Materials Group Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Red Avenue New Materials Group Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Red Avenue New Materials Group Co stock

What is the ROE (Return on Equity) of Red Avenue New Materials Group Co this year?

The ROE of Red Avenue New Materials Group Co this year is 0.12 undefined.

How has the Return on Equity (ROE) of Red Avenue New Materials Group Co developed compared to the previous year?

The ROE of Red Avenue New Materials Group Co has increased by 21.71% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Red Avenue New Materials Group Co?

A high ROE indicates that Red Avenue New Materials Group Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Red Avenue New Materials Group Co?

A low ROE can indicate that Red Avenue New Materials Group Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Red Avenue New Materials Group Co affect the company?

A change in ROE (Return on Equity) of Red Avenue New Materials Group Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Red Avenue New Materials Group Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Red Avenue New Materials Group Co?

Some factors that can influence Red Avenue New Materials Group Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Red Avenue New Materials Group Co pay?

Over the past 12 months, Red Avenue New Materials Group Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.24 %. For the coming 12 months, Red Avenue New Materials Group Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Red Avenue New Materials Group Co?

The current dividend yield of Red Avenue New Materials Group Co is 0.24 %.

When does Red Avenue New Materials Group Co pay dividends?

Red Avenue New Materials Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, November.

How secure is the dividend of Red Avenue New Materials Group Co?

Red Avenue New Materials Group Co paid dividends every year for the past 8 years.

What is the dividend of Red Avenue New Materials Group Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 0.25 %.

In which sector is Red Avenue New Materials Group Co located?

Red Avenue New Materials Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Red Avenue New Materials Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Red Avenue New Materials Group Co from 10/16/2024 amounting to 0.25 CNY, you needed to have the stock in your portfolio before the ex-date on 10/16/2024.

When did Red Avenue New Materials Group Co pay the last dividend?

The last dividend was paid out on 10/16/2024.

What was the dividend of Red Avenue New Materials Group Co in the year 2023?

In the year 2023, Red Avenue New Materials Group Co distributed 0.09 CNY as dividends.

In which currency does Red Avenue New Materials Group Co pay out the dividend?

The dividends of Red Avenue New Materials Group Co are distributed in CNY.

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Andere Kennzahlen von Red Avenue New Materials Group Co

Our stock analysis for Red Avenue New Materials Group 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 Red Avenue New Materials Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.