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Shandong Linglong Tyre Co Stock

Shandong Linglong Tyre Co ROCE 2024

Shandong Linglong Tyre Co ROCE

0.08

Ticker

601966.SS

ISIN

CNE100002GM3

In 2024, Shandong Linglong Tyre Co's return on capital employed (ROCE) was 0.08, a 642.59% increase from the 0.01 ROCE 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.

ROCE Details

Unraveling Shandong Linglong Tyre Co's Return on Capital Employed (ROCE)

Shandong Linglong Tyre Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Shandong Linglong Tyre Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Shandong Linglong Tyre Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Shandong Linglong Tyre Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Shandong Linglong Tyre Co stock

What is the ROCE (Return on Capital Employed) of Shandong Linglong Tyre Co this year?

The ROCE of Shandong Linglong Tyre Co is 0.08 undefined this year.

How has the ROCE (Return on Capital Employed) of Shandong Linglong Tyre Co developed compared to the previous year?

The ROCE of Shandong Linglong Tyre Co has increased by 642.59% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Shandong Linglong Tyre Co?

A high Return on Capital Employed (ROCE) indicates that Shandong Linglong Tyre Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Shandong Linglong Tyre Co?

A low ROCE (Return on Capital Employed) can indicate that Shandong Linglong Tyre Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Shandong Linglong Tyre Co impact the company?

An increase in the ROCE of Shandong Linglong Tyre Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Shandong Linglong Tyre Co affect the company?

A decrease in ROCE of Shandong Linglong Tyre Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Shandong Linglong Tyre Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Shandong Linglong Tyre Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Shandong Linglong Tyre Co take to improve the ROCE?

To improve the ROCE, Shandong Linglong Tyre Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Shandong Linglong Tyre Co pay?

Over the past 12 months, Shandong Linglong Tyre Co paid a dividend of . This corresponds to a dividend yield of about . 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 .

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.