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Shengli Oil & Gas Pipe Holdings Stock

Shengli Oil & Gas Pipe Holdings ROA 2024

Shengli Oil & Gas Pipe Holdings ROA

-0.09

Ticker

1080.HK

ISIN

KYG811661035

WKN

A0YGKV

In 2024, Shengli Oil & Gas Pipe Holdings's return on assets (ROA) was -0.09, a 218.23% increase from the -0.03 ROA in the previous year.

Shengli Oil & Gas Pipe Holdings Aktienanalyse

What does Shengli Oil & Gas Pipe Holdings do?

Shengli Oil & Gas Pipe Holdings Ltd is a leading Chinese company in the manufacturing of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company is headquartered in Dongying City, Shandong Province. The history of Shengli Oil & Gas Pipe Holdings Ltd dates back to 1975. Originally, the company was established as a department of Shengli Oilfield, the second-largest oil field in China, to meet the field's need for pipes. Over time, the company has grown into one of the largest manufacturers of seamless steel pipes in China. Shengli Oil & Gas Pipe Holdings Ltd owns and operates three production facilities in China and has a production capacity of over one million tons of seamless steel pipes per year. The products are available in various sizes and materials and can be customized according to customer needs. The business model of Shengli Oil & Gas Pipe Holdings Ltd is based on the manufacturing and supply of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company specializes in the production of seamless steel pipes for offshore oil fields and gas pipelines and is a major supplier for the largest Chinese offshore drilling rig. Shengli Oil & Gas Pipe Holdings Ltd offers a wide range of seamless steel pipes for various applications. The pipes are suitable for use in high and medium-pressure environments, as well as in extremely low temperatures. The company is also able to manufacture pipes with special requirements, such as high corrosion protection or for use in extremely challenging conditions. Shengli Oil & Gas Pipe Holdings Ltd has three main divisions: exploration and production, transportation and storage, and processing and distribution. The exploration and production division offers seamless steel pipes for use in offshore oil fields and deep-sea drilling. The transportation and storage division provides seamless steel pipes for the construction of gas pipelines and oil pipelines. The processing and distribution division is responsible for the processing and sale of seamless steel pipes to customers in China and abroad. Shengli Oil & Gas Pipe Holdings Ltd has also implemented comprehensive quality assurance and control to ensure that its products meet strict international standards. The company has obtained ISO 9001 certification for quality management systems and also complies with the API 5L specification, as well as various other international norms and standards. Over the years, Shengli Oil & Gas Pipe Holdings Ltd has become a leading manufacturer of seamless steel pipes in China. The company is competitive in the global market and has established a strong presence in Asia, Europe, and North America. Shengli Oil & Gas Pipe Holdings Ltd will continue to invest in technology and innovation to strengthen its position as a leading provider of seamless steel pipes for the energy and petrochemical industry. Shengli Oil & Gas Pipe Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shengli Oil & Gas Pipe Holdings's Return on Assets (ROA)

Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings’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 Shengli Oil & Gas Pipe Holdings stock

What is the Return on Assets (ROA) of Shengli Oil & Gas Pipe Holdings this year?

The Return on Assets (ROA) of Shengli Oil & Gas Pipe Holdings is -0.09 undefined this year.

What was the ROA of Shengli Oil & Gas Pipe Holdings compared to the previous year?

The ROA of Shengli Oil & Gas Pipe Holdings has increased by 218.23% compared to the previous year.

What consequences do high ROA have for investors of Shengli Oil & Gas Pipe Holdings?

A high ROA is advantageous for investors of Shengli Oil & Gas Pipe Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Shengli Oil & Gas Pipe Holdings?

A low ROA can be unfavorable for investors of Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings affect the company?

An increase in ROA of Shengli Oil & Gas Pipe Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shengli Oil & Gas Pipe Holdings impact the company?

A reduction in the ROA of Shengli Oil & Gas Pipe Holdings can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shengli Oil & Gas Pipe Holdings?

Some factors that can influence the ROA of Shengli Oil & Gas Pipe Holdings include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shengli Oil & Gas Pipe Holdings important for investors?

The ROA of Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings take to improve ROA?

To improve ROA, Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings pay?

Over the past 12 months, Shengli Oil & Gas Pipe Holdings paid a dividend of 0 CNY . This corresponds to a dividend yield of about 4.13 %. For the coming 12 months, Shengli Oil & Gas Pipe Holdings is expected to pay a dividend of 0 CNY.

What is the dividend yield of Shengli Oil & Gas Pipe Holdings?

The current dividend yield of Shengli Oil & Gas Pipe Holdings is 4.13 %.

When does Shengli Oil & Gas Pipe Holdings pay dividends?

Shengli Oil & Gas Pipe Holdings pays a quarterly dividend. This is distributed in the months of July, July, October, July.

How secure is the dividend of Shengli Oil & Gas Pipe Holdings?

Shengli Oil & Gas Pipe Holdings paid dividends every year for the past 0 years.

What is the dividend of Shengli Oil & Gas Pipe Holdings?

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

In which sector is Shengli Oil & Gas Pipe Holdings located?

Shengli Oil & Gas Pipe Holdings is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Shengli Oil & Gas Pipe Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shengli Oil & Gas Pipe Holdings from 7/28/2014 amounting to 0.001 CNY, you needed to have the stock in your portfolio before the ex-date on 6/24/2014.

When did Shengli Oil & Gas Pipe Holdings pay the last dividend?

The last dividend was paid out on 7/28/2014.

What was the dividend of Shengli Oil & Gas Pipe Holdings in the year 2023?

In the year 2023, Shengli Oil & Gas Pipe Holdings distributed 0 CNY as dividends.

In which currency does Shengli Oil & Gas Pipe Holdings pay out the dividend?

The dividends of Shengli Oil & Gas Pipe Holdings are distributed in CNY.

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Andere Kennzahlen von Shengli Oil & Gas Pipe Holdings

Our stock analysis for Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.