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Shanghai Baosteel Packaging Co Stock

Shanghai Baosteel Packaging Co ROA 2024

Shanghai Baosteel Packaging Co ROA

0.03

Ticker

601968.SS

ISIN

CNE1000022Q0

In 2024, Shanghai Baosteel Packaging Co's return on assets (ROA) was 0.03, a -18.16% increase from the 0.03 ROA in the previous year.

Shanghai Baosteel Packaging Co Aktienanalyse

What does Shanghai Baosteel Packaging Co do?

Shanghai Baosteel Packaging Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shanghai Baosteel Packaging Co's Return on Assets (ROA)

Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co stock

What is the Return on Assets (ROA) of Shanghai Baosteel Packaging Co this year?

The Return on Assets (ROA) of Shanghai Baosteel Packaging Co is 0.03 undefined this year.

What was the ROA of Shanghai Baosteel Packaging Co compared to the previous year?

The ROA of Shanghai Baosteel Packaging Co has increased by -18.16% compared to the previous year.

What consequences do high ROA have for investors of Shanghai Baosteel Packaging Co?

A high ROA is advantageous for investors of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co?

A low ROA can be unfavorable for investors of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co affect the company?

An increase in ROA of Shanghai Baosteel Packaging Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shanghai Baosteel Packaging Co impact the company?

A reduction in the ROA of Shanghai Baosteel Packaging Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shanghai Baosteel Packaging Co?

Some factors that can influence the ROA of Shanghai Baosteel Packaging Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shanghai Baosteel Packaging Co important for investors?

The ROA of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co take to improve ROA?

To improve ROA, Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co pay?

Over the past 12 months, Shanghai Baosteel Packaging Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Shanghai Baosteel Packaging Co is expected to pay a dividend of 0.13 CNY.

What is the dividend yield of Shanghai Baosteel Packaging Co?

The current dividend yield of Shanghai Baosteel Packaging Co is 2.34 %.

When does Shanghai Baosteel Packaging Co pay dividends?

Shanghai Baosteel Packaging Co pays a quarterly dividend. This is distributed in the months of August, July, July, October.

How secure is the dividend of Shanghai Baosteel Packaging Co?

Shanghai Baosteel Packaging Co paid dividends every year for the past 11 years.

What is the dividend of Shanghai Baosteel Packaging Co?

For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 2.43 %.

In which sector is Shanghai Baosteel Packaging Co located?

Shanghai Baosteel Packaging Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shanghai Baosteel Packaging Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shanghai Baosteel Packaging Co from 9/27/2024 amounting to 0.042 CNY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Shanghai Baosteel Packaging Co pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Shanghai Baosteel Packaging Co in the year 2023?

In the year 2023, Shanghai Baosteel Packaging Co distributed 0.12 CNY as dividends.

In which currency does Shanghai Baosteel Packaging Co pay out the dividend?

The dividends of Shanghai Baosteel Packaging Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Baosteel Packaging Co

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