What is the Return on Assets (ROA) of Shanghai Lianming Machinery Co this year?
The Return on Assets (ROA) of Shanghai Lianming Machinery Co is 0.05 undefined this year.
Shanghai Lianming Machinery Co ROA 2024
Shanghai Lianming Machinery Co ROA
0.05
Ticker
603006.SS
ISIN
CNE100001TF2
In 2024, Shanghai Lianming Machinery Co's return on assets (ROA) was 0.05, a -27.64% increase from the 0.06 ROA in the previous year.
Shanghai Lianming Machinery Co Aktienanalyse
What does Shanghai Lianming Machinery Co do?
Shanghai Lianming Machinery Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Shanghai Lianming Machinery Co's Return on Assets (ROA)
Shanghai Lianming Machinery 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 Lianming Machinery 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 Lianming Machinery 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 Lianming Machinery 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 Lianming Machinery Co Stock
What was the ROA of Shanghai Lianming Machinery Co compared to the previous year?
The ROA of Shanghai Lianming Machinery Co has increased by -27.64% compared to the previous year.
What consequences do high ROA have for investors of Shanghai Lianming Machinery Co?
A high ROA is advantageous for investors of Shanghai Lianming Machinery 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 Lianming Machinery Co?
A low ROA can be unfavorable for investors of Shanghai Lianming Machinery 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 Lianming Machinery Co affect the company?
An increase in ROA of Shanghai Lianming Machinery Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Shanghai Lianming Machinery Co impact the company?
A reduction in the ROA of Shanghai Lianming Machinery Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Shanghai Lianming Machinery Co?
Some factors that can influence the ROA of Shanghai Lianming Machinery Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Shanghai Lianming Machinery Co important for investors?
The ROA of Shanghai Lianming Machinery 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 Lianming Machinery Co take to improve ROA?
To improve ROA, Shanghai Lianming Machinery 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 Lianming Machinery Co pay?
Over the past 12 months, Shanghai Lianming Machinery Co paid a dividend of 0.38 CNY . This corresponds to a dividend yield of about 4.15 %. For the coming 12 months, Shanghai Lianming Machinery Co is expected to pay a dividend of 0.38 CNY.
What is the dividend yield of Shanghai Lianming Machinery Co?
The current dividend yield of Shanghai Lianming Machinery Co is 4.15 %.
When does Shanghai Lianming Machinery Co pay dividends?
Shanghai Lianming Machinery Co pays a quarterly dividend. This is distributed in the months of June, July, July, July.
How secure is the dividend of Shanghai Lianming Machinery Co?
Shanghai Lianming Machinery Co paid dividends every year for the past 4 years.
What is the dividend of Shanghai Lianming Machinery Co?
For the upcoming 12 months, dividends amounting to 0.38 CNY are expected. This corresponds to a dividend yield of 4.15 %.
In which sector is Shanghai Lianming Machinery Co located?
Shanghai Lianming Machinery Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Shanghai Lianming Machinery Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shanghai Lianming Machinery Co from 6/4/2024 amounting to 0.28 CNY, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.
When did Shanghai Lianming Machinery Co pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Shanghai Lianming Machinery Co in the year 2023?
In the year 2023, Shanghai Lianming Machinery Co distributed 0.38 CNY as dividends.
In which currency does Shanghai Lianming Machinery Co pay out the dividend?
The dividends of Shanghai Lianming Machinery Co are distributed in CNY.
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Andere Kennzahlen von Shanghai Lianming Machinery Co
Our stock analysis for Shanghai Lianming Machinery 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 Lianming Machinery Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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