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Shandong Meichen Science & Technology Co Stock

Shandong Meichen Science & Technology Co ROA 2024

Shandong Meichen Science & Technology Co ROA

-0.17

Ticker

300237.SZ

ISIN

CNE100001534

In 2024, Shandong Meichen Science & Technology Co's return on assets (ROA) was -0.17, a 15.92% increase from the -0.14 ROA in the previous year.

Shandong Meichen Science & Technology Co Aktienanalyse

What does Shandong Meichen Science & Technology Co do?

Shandong Meichen Ecology & Environment Co Ltd is a leading company in China in the field of environmental technology. The company was founded in 2003 and has since become one of the largest manufacturers of environmentally friendly products and services. The company specializes in various sectors, including environmental technology, smart energy, municipal infrastructure, and urban environmental management. Shandong Meichen offers a wide range of products and services, including environmental technology, wastewater treatment, waste management, air purification, renewable energy sources, smart grids, smart city infrastructure, and more. The business model of Shandong Meichen Ecology & Environment is based on innovation and sustainability. The company places great emphasis on the use of advanced technology to reduce environmental impact and improve energy efficiency. It works closely with customers, governments, and other partners to provide customized solutions for the specific needs of each region. To meet the growing demand for environmentally friendly products, the company has built modern production facilities that meet the highest environmental standards. Shandong Meichen places great importance on sustainability and environmentally friendly production. In the environmental technology sector, the company offers a wide range of products and services, including water treatment plants, wastewater recycling systems, air purification technologies, environmental protection products, and more. It works closely with industry experts and research institutions to constantly develop new and improved technologies. In the smart energy sector, Shandong Meichen offers innovative solutions to improve energy efficiency. The company specializes in developing smart grids, energy storage systems, and renewable energy sources. In the municipal infrastructure sector, the company offers solutions to improve urban infrastructure. It focuses on smart traffic management systems, public transportation, street lighting, and smart city technologies. The urban environmental management sector offers solutions to improve the urban environment. This includes environmentally friendly buildings, public green spaces, waste management, and waste recycling. Overall, Shandong Meichen Ecology & Environment has become an important player in the field of environmental technology in China and beyond. The company is committed to its mission of creating a more environmentally friendly world through innovative technologies and sustainable practices. Shandong Meichen Science & Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shandong Meichen Science & Technology Co's Return on Assets (ROA)

Shandong Meichen Science & Technology 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 Meichen Science & Technology 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 Meichen Science & Technology 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 Meichen Science & Technology 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 Meichen Science & Technology Co stock

What is the Return on Assets (ROA) of Shandong Meichen Science & Technology Co this year?

The Return on Assets (ROA) of Shandong Meichen Science & Technology Co is -0.17 undefined this year.

What was the ROA of Shandong Meichen Science & Technology Co compared to the previous year?

The ROA of Shandong Meichen Science & Technology Co has increased by 15.92% compared to the previous year.

What consequences do high ROA have for investors of Shandong Meichen Science & Technology Co?

A high ROA is advantageous for investors of Shandong Meichen Science & Technology 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 Meichen Science & Technology Co?

A low ROA can be unfavorable for investors of Shandong Meichen Science & Technology 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 Meichen Science & Technology Co affect the company?

An increase in ROA of Shandong Meichen Science & Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shandong Meichen Science & Technology Co impact the company?

A reduction in the ROA of Shandong Meichen Science & Technology Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shandong Meichen Science & Technology Co?

Some factors that can influence the ROA of Shandong Meichen Science & Technology Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shandong Meichen Science & Technology Co important for investors?

The ROA of Shandong Meichen Science & Technology 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 Meichen Science & Technology Co take to improve ROA?

To improve ROA, Shandong Meichen Science & Technology 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 Meichen Science & Technology Co pay?

Over the past 12 months, Shandong Meichen Science & Technology Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 0.24 %. For the coming 12 months, Shandong Meichen Science & Technology Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Shandong Meichen Science & Technology Co?

The current dividend yield of Shandong Meichen Science & Technology Co is 0.24 %.

When does Shandong Meichen Science & Technology Co pay dividends?

Shandong Meichen Science & Technology Co pays a quarterly dividend. This is distributed in the months of June, August, June, August.

How secure is the dividend of Shandong Meichen Science & Technology Co?

Shandong Meichen Science & Technology Co paid dividends every year for the past 0 years.

What is the dividend of Shandong Meichen Science & Technology Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shandong Meichen Science & Technology Co located?

Shandong Meichen Science & Technology Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shandong Meichen Science & Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shandong Meichen Science & Technology Co from 7/2/2021 amounting to 0.006 CNY, you needed to have the stock in your portfolio before the ex-date on 7/2/2021.

When did Shandong Meichen Science & Technology Co pay the last dividend?

The last dividend was paid out on 7/2/2021.

What was the dividend of Shandong Meichen Science & Technology Co in the year 2023?

In the year 2023, Shandong Meichen Science & Technology Co distributed 0.006 CNY as dividends.

In which currency does Shandong Meichen Science & Technology Co pay out the dividend?

The dividends of Shandong Meichen Science & Technology Co are distributed in CNY.

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Andere Kennzahlen von Shandong Meichen Science & Technology Co

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