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Shandong Kaisheng New Materials Co Stock

Shandong Kaisheng New Materials Co ROA 2024

Shandong Kaisheng New Materials Co ROA

0.06

Ticker

301069.SZ

ISIN

CNE100004RQ7

In 2024, Shandong Kaisheng New Materials Co's return on assets (ROA) was 0.06, a -54.73% increase from the 0.14 ROA in the previous year.

Shandong Kaisheng New Materials Co Aktienanalyse

What does Shandong Kaisheng New Materials Co do?

Shandong Kaisheng New Materials Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shandong Kaisheng New Materials Co's Return on Assets (ROA)

Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials Co stock

What is the Return on Assets (ROA) of Shandong Kaisheng New Materials Co this year?

The Return on Assets (ROA) of Shandong Kaisheng New Materials Co is 0.06 undefined this year.

What was the ROA of Shandong Kaisheng New Materials Co compared to the previous year?

The ROA of Shandong Kaisheng New Materials Co has increased by -54.73% compared to the previous year.

What consequences do high ROA have for investors of Shandong Kaisheng New Materials Co?

A high ROA is advantageous for investors of Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials Co?

A low ROA can be unfavorable for investors of Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials Co affect the company?

An increase in ROA of Shandong Kaisheng New Materials Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shandong Kaisheng New Materials Co impact the company?

A reduction in the ROA of Shandong Kaisheng New Materials Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shandong Kaisheng New Materials Co?

Some factors that can influence the ROA of Shandong Kaisheng New Materials Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shandong Kaisheng New Materials Co important for investors?

The ROA of Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials Co take to improve ROA?

To improve ROA, Shandong Kaisheng New Materials 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 Shandong Kaisheng New Materials Co pay?

Over the past 12 months, Shandong Kaisheng New Materials Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 0.99 %. For the coming 12 months, Shandong Kaisheng New Materials Co is expected to pay a dividend of 0.16 CNY.

What is the dividend yield of Shandong Kaisheng New Materials Co?

The current dividend yield of Shandong Kaisheng New Materials Co is 0.99 %.

When does Shandong Kaisheng New Materials Co pay dividends?

Shandong Kaisheng New Materials Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shandong Kaisheng New Materials Co?

Shandong Kaisheng New Materials Co paid dividends every year for the past 5 years.

What is the dividend of Shandong Kaisheng New Materials Co?

For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 1.08 %.

In which sector is Shandong Kaisheng New Materials Co located?

Shandong Kaisheng New Materials Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shandong Kaisheng New Materials Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shandong Kaisheng New Materials Co from 4/25/2024 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.

When did Shandong Kaisheng New Materials Co pay the last dividend?

The last dividend was paid out on 4/25/2024.

What was the dividend of Shandong Kaisheng New Materials Co in the year 2023?

In the year 2023, Shandong Kaisheng New Materials Co distributed 0.25 CNY as dividends.

In which currency does Shandong Kaisheng New Materials Co pay out the dividend?

The dividends of Shandong Kaisheng New Materials Co are distributed in CNY.

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Andere Kennzahlen von Shandong Kaisheng New Materials Co

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