SOCAM Development Stock

SOCAM Development ROA 2024

SOCAM Development ROA

-0.02

Ticker

983.HK

ISIN

BMG8249T1036

WKN

A1JL7F

In 2024, SOCAM Development's return on assets (ROA) was -0.02, a -33.61% increase from the -0.03 ROA in the previous year.

SOCAM Development Aktienanalyse

What does SOCAM Development do?

SOCAM Development ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding SOCAM Development's Return on Assets (ROA)

SOCAM Development'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 SOCAM Development'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 SOCAM Development'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 SOCAM Development’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 SOCAM Development stock

What is the Return on Assets (ROA) of SOCAM Development this year?

The Return on Assets (ROA) of SOCAM Development is -0.02 undefined this year.

What was the ROA of SOCAM Development compared to the previous year?

The ROA of SOCAM Development has increased by -33.61% compared to the previous year.

What consequences do high ROA have for investors of SOCAM Development?

A high ROA is advantageous for investors of SOCAM Development, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in SOCAM Development?

A low ROA can be unfavorable for investors of SOCAM Development 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 SOCAM Development affect the company?

An increase in ROA of SOCAM Development can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of SOCAM Development impact the company?

A reduction in the ROA of SOCAM Development can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of SOCAM Development?

Some factors that can influence the ROA of SOCAM Development include revenue, operating costs, asset structure, and industry average.

Why is the ROA of SOCAM Development important for investors?

The ROA of SOCAM Development 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 SOCAM Development take to improve ROA?

To improve ROA, SOCAM Development 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 SOCAM Development pay?

Over the past 12 months, SOCAM Development paid a dividend of 0.07 HKD . This corresponds to a dividend yield of about 14.29 %. For the coming 12 months, SOCAM Development is expected to pay a dividend of 0.07 HKD.

What is the dividend yield of SOCAM Development?

The current dividend yield of SOCAM Development is 14.29 %.

When does SOCAM Development pay dividends?

SOCAM Development pays a quarterly dividend. This is distributed in the months of October, June, July, July.

How secure is the dividend of SOCAM Development?

SOCAM Development paid dividends every year for the past 0 years.

What is the dividend of SOCAM Development?

For the upcoming 12 months, dividends amounting to 0.07 HKD are expected. This corresponds to a dividend yield of 14.29 %.

In which sector is SOCAM Development located?

SOCAM Development is assigned to the 'Industry' sector.

Wann musste ich die Aktien von SOCAM Development kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of SOCAM Development from 6/30/2022 amounting to 0.07 HKD, you needed to have the stock in your portfolio before the ex-date on 6/8/2022.

When did SOCAM Development pay the last dividend?

The last dividend was paid out on 6/30/2022.

What was the dividend of SOCAM Development in the year 2023?

In the year 2023, SOCAM Development distributed 0 HKD as dividends.

In which currency does SOCAM Development pay out the dividend?

The dividends of SOCAM Development are distributed in HKD.

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Andere Kennzahlen von SOCAM Development

Our stock analysis for SOCAM Development 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 SOCAM Development Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.