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Satellite Chemical Co Stock

Satellite Chemical Co ROA 2024

Satellite Chemical Co ROA

0.07

Ticker

002648.SZ

ISIN

CNE100001B07

In 2024, Satellite Chemical Co's return on assets (ROA) was 0.07, a 43.17% increase from the 0.05 ROA in the previous year.

Satellite Chemical Co Aktienanalyse

What does Satellite Chemical Co do?

Satellite Chemical Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Satellite Chemical Co's Return on Assets (ROA)

Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical Co stock

What is the Return on Assets (ROA) of Satellite Chemical Co this year?

The Return on Assets (ROA) of Satellite Chemical Co is 0.07 undefined this year.

What was the ROA of Satellite Chemical Co compared to the previous year?

The ROA of Satellite Chemical Co has increased by 43.17% compared to the previous year.

What consequences do high ROA have for investors of Satellite Chemical Co?

A high ROA is advantageous for investors of Satellite Chemical 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 Satellite Chemical Co?

A low ROA can be unfavorable for investors of Satellite Chemical 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 Satellite Chemical Co affect the company?

An increase in ROA of Satellite Chemical Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Satellite Chemical Co impact the company?

A reduction in the ROA of Satellite Chemical Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Satellite Chemical Co?

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

Why is the ROA of Satellite Chemical Co important for investors?

The ROA of Satellite Chemical 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 Satellite Chemical Co take to improve ROA?

To improve ROA, Satellite Chemical 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 Satellite Chemical Co pay?

Over the past 12 months, Satellite Chemical Co paid a dividend of 0.46 CNY . This corresponds to a dividend yield of about 2.48 %. For the coming 12 months, Satellite Chemical Co is expected to pay a dividend of 0.66 CNY.

What is the dividend yield of Satellite Chemical Co?

The current dividend yield of Satellite Chemical Co is 2.48 %.

When does Satellite Chemical Co pay dividends?

Satellite Chemical Co pays a quarterly dividend. This is distributed in the months of July, July, November, June.

How secure is the dividend of Satellite Chemical Co?

Satellite Chemical Co paid dividends every year for the past 3 years.

What is the dividend of Satellite Chemical Co?

For the upcoming 12 months, dividends amounting to 0.66 CNY are expected. This corresponds to a dividend yield of 3.5 %.

In which sector is Satellite Chemical Co located?

Satellite Chemical Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Satellite Chemical Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Satellite Chemical Co from 5/14/2024 amounting to 0.4 CNY, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Satellite Chemical Co pay the last dividend?

The last dividend was paid out on 5/14/2024.

What was the dividend of Satellite Chemical Co in the year 2023?

In the year 2023, Satellite Chemical Co distributed 0.464 CNY as dividends.

In which currency does Satellite Chemical Co pay out the dividend?

The dividends of Satellite Chemical Co are distributed in CNY.

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Andere Kennzahlen von Satellite Chemical Co

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