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Shandong Linglong Tyre Co Stock

Shandong Linglong Tyre Co ROA 2024

Shandong Linglong Tyre Co ROA

0.03

Ticker

601966.SS

ISIN

CNE100002GM3

In 2024, Shandong Linglong Tyre Co's return on assets (ROA) was 0.03, a 311.42% increase from the 0.01 ROA 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.

ROA Details

Understanding Shandong Linglong Tyre Co's Return on Assets (ROA)

Shandong Linglong Tyre 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 Linglong Tyre 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 Linglong Tyre 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 Linglong Tyre 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 Linglong Tyre Co stock

What is the Return on Assets (ROA) of Shandong Linglong Tyre Co this year?

The Return on Assets (ROA) of Shandong Linglong Tyre Co is 0.03 undefined this year.

What was the ROA of Shandong Linglong Tyre Co compared to the previous year?

The ROA of Shandong Linglong Tyre Co has increased by 311.42% compared to the previous year.

What consequences do high ROA have for investors of Shandong Linglong Tyre Co?

A high ROA is advantageous for investors of Shandong Linglong Tyre 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 Linglong Tyre Co?

A low ROA can be unfavorable for investors of Shandong Linglong Tyre 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 Linglong Tyre Co affect the company?

An increase in ROA of Shandong Linglong Tyre Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shandong Linglong Tyre Co impact the company?

A reduction in the ROA of Shandong Linglong Tyre Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shandong Linglong Tyre Co?

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

Why is the ROA of Shandong Linglong Tyre Co important for investors?

The ROA of Shandong Linglong Tyre 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 Linglong Tyre Co take to improve ROA?

To improve ROA, Shandong Linglong Tyre 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 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.