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Shinden Hightex Stock

Shinden Hightex ROA 2024

Shinden Hightex ROA

0.02

Ticker

3131.T

ISIN

JP3377850007

In 2024, Shinden Hightex's return on assets (ROA) was 0.02, a -56.04% increase from the 0.04 ROA in the previous year.

Shinden Hightex Aktienanalyse

What does Shinden Hightex do?

Shinden Hightex ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shinden Hightex's Return on Assets (ROA)

Shinden Hightex'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 Shinden Hightex'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 Shinden Hightex'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 Shinden Hightex’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 Shinden Hightex stock

What is the Return on Assets (ROA) of Shinden Hightex this year?

The Return on Assets (ROA) of Shinden Hightex is 0.02 undefined this year.

What was the ROA of Shinden Hightex compared to the previous year?

The ROA of Shinden Hightex has increased by -56.04% compared to the previous year.

What consequences do high ROA have for investors of Shinden Hightex?

A high ROA is advantageous for investors of Shinden Hightex, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Shinden Hightex?

A low ROA can be unfavorable for investors of Shinden Hightex 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 Shinden Hightex affect the company?

An increase in ROA of Shinden Hightex can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shinden Hightex impact the company?

A reduction in the ROA of Shinden Hightex can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shinden Hightex?

Some factors that can influence the ROA of Shinden Hightex include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shinden Hightex important for investors?

The ROA of Shinden Hightex 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 Shinden Hightex take to improve ROA?

To improve ROA, Shinden Hightex 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 Shinden Hightex pay?

Over the past 12 months, Shinden Hightex paid a dividend of 60 JPY . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Shinden Hightex is expected to pay a dividend of 60 JPY.

What is the dividend yield of Shinden Hightex?

The current dividend yield of Shinden Hightex is 2.38 %.

When does Shinden Hightex pay dividends?

Shinden Hightex pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Shinden Hightex?

Shinden Hightex paid dividends every year for the past 10 years.

What is the dividend of Shinden Hightex?

For the upcoming 12 months, dividends amounting to 60 JPY are expected. This corresponds to a dividend yield of 2.38 %.

In which sector is Shinden Hightex located?

Shinden Hightex is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Shinden Hightex kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shinden Hightex from 6/1/2024 amounting to 60 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Shinden Hightex pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Shinden Hightex in the year 2023?

In the year 2023, Shinden Hightex distributed 135 JPY as dividends.

In which currency does Shinden Hightex pay out the dividend?

The dividends of Shinden Hightex are distributed in JPY.

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Andere Kennzahlen von Shinden Hightex

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