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Shandong Sacred Sun Power Sources Co Stock

Shandong Sacred Sun Power Sources Co ROA 2024

Shandong Sacred Sun Power Sources Co ROA

0.05

Ticker

002580.SZ

ISIN

CNE1000012Q1

In 2024, Shandong Sacred Sun Power Sources Co's return on assets (ROA) was 0.05, a 21.03% increase from the 0.04 ROA in the previous year.

Shandong Sacred Sun Power Sources Co Aktienanalyse

What does Shandong Sacred Sun Power Sources Co do?

Shandong Sacred Sun Power Sources Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shandong Sacred Sun Power Sources Co's Return on Assets (ROA)

Shandong Sacred Sun Power Sources 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 Sacred Sun Power Sources 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 Sacred Sun Power Sources 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 Sacred Sun Power Sources 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 Sacred Sun Power Sources Co stock

What is the Return on Assets (ROA) of Shandong Sacred Sun Power Sources Co this year?

The Return on Assets (ROA) of Shandong Sacred Sun Power Sources Co is 0.05 undefined this year.

What was the ROA of Shandong Sacred Sun Power Sources Co compared to the previous year?

The ROA of Shandong Sacred Sun Power Sources Co has increased by 21.03% compared to the previous year.

What consequences do high ROA have for investors of Shandong Sacred Sun Power Sources Co?

A high ROA is advantageous for investors of Shandong Sacred Sun Power Sources 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 Sacred Sun Power Sources Co?

A low ROA can be unfavorable for investors of Shandong Sacred Sun Power Sources 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 Sacred Sun Power Sources Co affect the company?

An increase in ROA of Shandong Sacred Sun Power Sources Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shandong Sacred Sun Power Sources Co impact the company?

A reduction in the ROA of Shandong Sacred Sun Power Sources Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shandong Sacred Sun Power Sources Co?

Some factors that can influence the ROA of Shandong Sacred Sun Power Sources Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shandong Sacred Sun Power Sources Co important for investors?

The ROA of Shandong Sacred Sun Power Sources 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 Sacred Sun Power Sources Co take to improve ROA?

To improve ROA, Shandong Sacred Sun Power Sources 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 Sacred Sun Power Sources Co pay?

Over the past 12 months, Shandong Sacred Sun Power Sources Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.23 %. For the coming 12 months, Shandong Sacred Sun Power Sources Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Shandong Sacred Sun Power Sources Co?

The current dividend yield of Shandong Sacred Sun Power Sources Co is 0.23 %.

When does Shandong Sacred Sun Power Sources Co pay dividends?

Shandong Sacred Sun Power Sources Co pays a quarterly dividend. This is distributed in the months of July, June, July, July.

How secure is the dividend of Shandong Sacred Sun Power Sources Co?

Shandong Sacred Sun Power Sources Co paid dividends every year for the past 1 years.

What is the dividend of Shandong Sacred Sun Power Sources Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.23 %.

In which sector is Shandong Sacred Sun Power Sources Co located?

Shandong Sacred Sun Power Sources Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shandong Sacred Sun Power Sources Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shandong Sacred Sun Power Sources Co from 6/21/2024 amounting to 0.057 CNY, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did Shandong Sacred Sun Power Sources Co pay the last dividend?

The last dividend was paid out on 6/21/2024.

What was the dividend of Shandong Sacred Sun Power Sources Co in the year 2023?

In the year 2023, Shandong Sacred Sun Power Sources Co distributed 0.025 CNY as dividends.

In which currency does Shandong Sacred Sun Power Sources Co pay out the dividend?

The dividends of Shandong Sacred Sun Power Sources Co are distributed in CNY.

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Andere Kennzahlen von Shandong Sacred Sun Power Sources Co

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