What is the Return on Assets (ROA) of Shenzhen Refond Optoelectronics Co this year?
The Return on Assets (ROA) of Shenzhen Refond Optoelectronics Co is -0.01 undefined this year.
Shenzhen Refond Optoelectronics Co ROA 2024
Shenzhen Refond Optoelectronics Co ROA
-0.01
Ticker
300241.SZ
ISIN
CNE1000015G5
In 2024, Shenzhen Refond Optoelectronics Co's return on assets (ROA) was -0.01, a -447.62% increase from the 0 ROA in the previous year.
Shenzhen Refond Optoelectronics Co Aktienanalyse
What does Shenzhen Refond Optoelectronics Co do?
Shenzhen Refond Optoelectronics Co. Ltd is a Chinese company specializing in the manufacturing of LED lighting products. It was founded in 2000 and is based in Shenzhen. The company has expanded its portfolio to include LED chips and has become a key supplier for customers worldwide. Refond offers a wide range of LED lighting solutions, including street lighting, indoor lighting, and industrial lighting. It also collaborates with customers to develop customized lighting solutions. The company has subsidiaries in Europe and North America and is recognized as a significant player in the global LED lighting market. Shenzhen Refond Optoelectronics Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Shenzhen Refond Optoelectronics Co's Return on Assets (ROA)
Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co Stock
What was the ROA of Shenzhen Refond Optoelectronics Co compared to the previous year?
The ROA of Shenzhen Refond Optoelectronics Co has increased by -447.62% compared to the previous year.
What consequences do high ROA have for investors of Shenzhen Refond Optoelectronics Co?
A high ROA is advantageous for investors of Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co?
A low ROA can be unfavorable for investors of Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co affect the company?
An increase in ROA of Shenzhen Refond Optoelectronics Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Shenzhen Refond Optoelectronics Co impact the company?
A reduction in the ROA of Shenzhen Refond Optoelectronics Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Shenzhen Refond Optoelectronics Co?
Some factors that can influence the ROA of Shenzhen Refond Optoelectronics Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Shenzhen Refond Optoelectronics Co important for investors?
The ROA of Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co take to improve ROA?
To improve ROA, Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co pay?
Over the past 12 months, Shenzhen Refond Optoelectronics Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 0.25 %. For the coming 12 months, Shenzhen Refond Optoelectronics Co is expected to pay a dividend of 0.01 CNY.
What is the dividend yield of Shenzhen Refond Optoelectronics Co?
The current dividend yield of Shenzhen Refond Optoelectronics Co is 0.25 %.
When does Shenzhen Refond Optoelectronics Co pay dividends?
Shenzhen Refond Optoelectronics Co pays a quarterly dividend. This is distributed in the months of June, July, August, July.
How secure is the dividend of Shenzhen Refond Optoelectronics Co?
Shenzhen Refond Optoelectronics Co paid dividends every year for the past 2 years.
What is the dividend of Shenzhen Refond Optoelectronics Co?
For the upcoming 12 months, dividends amounting to 0.01 CNY are expected. This corresponds to a dividend yield of 0.25 %.
In which sector is Shenzhen Refond Optoelectronics Co located?
Shenzhen Refond Optoelectronics Co is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Shenzhen Refond Optoelectronics Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shenzhen Refond Optoelectronics Co from 6/13/2023 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 6/13/2023.
When did Shenzhen Refond Optoelectronics Co pay the last dividend?
The last dividend was paid out on 6/13/2023.
What was the dividend of Shenzhen Refond Optoelectronics Co in the year 2023?
In the year 2023, Shenzhen Refond Optoelectronics Co distributed 0.02 CNY as dividends.
In which currency does Shenzhen Refond Optoelectronics Co pay out the dividend?
The dividends of Shenzhen Refond Optoelectronics Co are distributed in CNY.
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Andere Kennzahlen von Shenzhen Refond Optoelectronics Co
Our stock analysis for Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Shenzhen Refond Optoelectronics Co Revenue
- Shenzhen Refond Optoelectronics Co Net Income
- Shenzhen Refond Optoelectronics Co P/E
- Shenzhen Refond Optoelectronics Co P/S
- Shenzhen Refond Optoelectronics Co EBIT
- Shenzhen Refond Optoelectronics Co Dividend
- Shenzhen Refond Optoelectronics Co Stocks
- Shenzhen Refond Optoelectronics Co Market capitalization
- Shenzhen Refond Optoelectronics Co Debt
- Shenzhen Refond Optoelectronics Co Liabilities
- Shenzhen Refond Optoelectronics Co Equity
- Shenzhen Refond Optoelectronics Co AAQS
- Shenzhen Refond Optoelectronics Co Employees
- Shenzhen Refond Optoelectronics Co ROE
- Shenzhen Refond Optoelectronics Co ROA
- Shenzhen Refond Optoelectronics Co ROCE