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Shanghai Sinotec Co Stock

Shanghai Sinotec Co ROE 2024

Shanghai Sinotec Co ROE

0.09

Ticker

603121.SS

ISIN

CNE100003GY6

In 2024, Shanghai Sinotec Co's return on equity (ROE) was 0.09, a -1,351.21% increase from the -0.01 ROE in the previous year.

Shanghai Sinotec Co Aktienanalyse

What does Shanghai Sinotec Co do?

Shanghai Sinotec Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Shanghai Sinotec Co's Return on Equity (ROE)

Shanghai Sinotec Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Shanghai Sinotec Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Shanghai Sinotec Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Shanghai Sinotec Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Shanghai Sinotec Co stock

What is the ROE (Return on Equity) of Shanghai Sinotec Co this year?

The ROE of Shanghai Sinotec Co this year is 0.09 undefined.

How has the Return on Equity (ROE) of Shanghai Sinotec Co developed compared to the previous year?

The ROE of Shanghai Sinotec Co has increased by -1,351.21% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Shanghai Sinotec Co?

A high ROE indicates that Shanghai Sinotec Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Shanghai Sinotec Co?

A low ROE can indicate that Shanghai Sinotec Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Shanghai Sinotec Co affect the company?

A change in ROE (Return on Equity) of Shanghai Sinotec Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Shanghai Sinotec Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Shanghai Sinotec Co?

Some factors that can influence Shanghai Sinotec Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Shanghai Sinotec Co pay?

Over the past 12 months, Shanghai Sinotec Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 1.84 %. For the coming 12 months, Shanghai Sinotec Co is expected to pay a dividend of 0.15 CNY.

What is the dividend yield of Shanghai Sinotec Co?

The current dividend yield of Shanghai Sinotec Co is 1.84 %.

When does Shanghai Sinotec Co pay dividends?

Shanghai Sinotec Co pays a quarterly dividend. This is distributed in the months of July, July, July, November.

How secure is the dividend of Shanghai Sinotec Co?

Shanghai Sinotec Co paid dividends every year for the past 0 years.

What is the dividend of Shanghai Sinotec Co?

For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 1.84 %.

In which sector is Shanghai Sinotec Co located?

Shanghai Sinotec Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Shanghai Sinotec Co from 10/30/2024 amounting to 0.18 CNY, you needed to have the stock in your portfolio before the ex-date on 10/30/2024.

When did Shanghai Sinotec Co pay the last dividend?

The last dividend was paid out on 10/30/2024.

What was the dividend of Shanghai Sinotec Co in the year 2023?

In the year 2023, Shanghai Sinotec Co distributed 0.123 CNY as dividends.

In which currency does Shanghai Sinotec Co pay out the dividend?

The dividends of Shanghai Sinotec Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Sinotec Co

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