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Shandong Linglong Tyre Co Stock

Shandong Linglong Tyre Co ROE 2024

Shandong Linglong Tyre Co ROE

0.07

Ticker

601966.SS

ISIN

CNE100002GM3

In 2024, Shandong Linglong Tyre Co's return on equity (ROE) was 0.07, a 338.95% increase from the 0.02 ROE in the previous year.

Shandong Linglong Tyre Co Aktienanalyse

What does Shandong Linglong Tyre Co do?

Shandong Linglong Tyre Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Shandong Linglong Tyre Co's Return on Equity (ROE)

Shandong Linglong Tyre 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 Shandong Linglong Tyre 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

Shandong Linglong Tyre 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 Shandong Linglong Tyre 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 Shandong Linglong Tyre Co stock

What is the ROE (Return on Equity) of Shandong Linglong Tyre Co this year?

The ROE of Shandong Linglong Tyre Co this year is 0.07 undefined.

How has the Return on Equity (ROE) of Shandong Linglong Tyre Co developed compared to the previous year?

The ROE of Shandong Linglong Tyre Co has increased by 338.95% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Shandong Linglong Tyre Co?

A high ROE indicates that Shandong Linglong Tyre 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 Shandong Linglong Tyre Co?

A low ROE can indicate that Shandong Linglong Tyre 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 Shandong Linglong Tyre Co affect the company?

A change in ROE (Return on Equity) of Shandong Linglong Tyre 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 Shandong Linglong Tyre 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 Shandong Linglong Tyre Co?

Some factors that can influence Shandong Linglong Tyre 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 Shandong Linglong Tyre Co pay?

Over the past 12 months, Shandong Linglong Tyre Co paid a dividend of 0.06 CNY . This corresponds to a dividend yield of about 0.37 %. For the coming 12 months, Shandong Linglong Tyre Co is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of Shandong Linglong Tyre Co?

The current dividend yield of Shandong Linglong Tyre Co is 0.37 %.

When does Shandong Linglong Tyre Co pay dividends?

Shandong Linglong Tyre Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Shandong Linglong Tyre Co?

Shandong Linglong Tyre Co paid dividends every year for the past 10 years.

What is the dividend of Shandong Linglong Tyre Co?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 0.37 %.

In which sector is Shandong Linglong Tyre Co located?

Shandong Linglong Tyre Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Shandong Linglong Tyre Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shandong Linglong Tyre Co from 6/14/2024 amounting to 0.286 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Shandong Linglong Tyre Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Shandong Linglong Tyre Co in the year 2023?

In the year 2023, Shandong Linglong Tyre Co distributed 0.16 CNY as dividends.

In which currency does Shandong Linglong Tyre Co pay out the dividend?

The dividends of Shandong Linglong Tyre Co are distributed in CNY.

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Andere Kennzahlen von Shandong Linglong Tyre Co

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