What is the ROE (Return on Equity) of Shougang Century Holdings this year?
The ROE of Shougang Century Holdings this year is 0.04 undefined.
Shougang Century Holdings ROE 2024
Shougang Century Holdings ROE
0.04
Ticker
103.HK
ISIN
HK0103000607
WKN
884115
In 2024, Shougang Century Holdings's return on equity (ROE) was 0.04, a 28.14% increase from the 0.03 ROE in the previous year.
Shougang Century Holdings Aktienanalyse
What does Shougang Century Holdings do?
Shougang Concord Century Holdings Ltd is a Chinese company that was founded in 1993. The company is based in Beijing and is part of the Shougang Group, a huge state-owned enterprise that operates in over 20 countries. Shougang Concord Century Holdings is mainly involved in the steel industry and offers a wide range of products and services to its customers. The company is divided into three main business segments: the steel industry, the real estate industry, and the energy industry. In the steel industry, Shougang Concord Century Holdings is a significant producer of high-quality steel products for various applications. The company's products are used in many industries, including construction, automotive, aerospace, and electronics. The history of Shougang Concord Century Holdings dates back to the establishment of Shougang in the 1950s. The company was initially a small steel mill in Beijing, working on behalf of the Chinese government. Over the years, the company expanded and became a major player in the Chinese market for steel products. In the 1990s, Shougang Concord Century Holdings began to expand its business activities into new areas such as the real estate industry and the energy industry. Since then, the company has further strengthened its position as one of the leading Chinese companies in these sectors. The business model of Shougang Concord Century Holdings is focused on continuity and growth. The company invests continuously in its existing business segments and explores new market opportunities. This is done strategically, with a focus on building strong relationships with customers, partners, and regulatory authorities. In the steel industry, Shougang Concord Century Holdings is a significant producer of cold-rolled steel and steel pipes. The company is capable of manufacturing a variety of steel grades and shapes that meet the requirements of its customers. This includes specialized products such as stainless steel and electrolytic zinc steel. In the real estate industry, Shougang Concord Century Holdings focuses on the development of office and residential properties in China. The company has completed several major projects in Beijing and other Chinese cities. It has been particularly successful in the development of business parks tailored to the needs of technology and media companies. In the energy industry, Shougang Concord Century Holdings is involved in the production of heavy oil and natural gas. The company operates several gas fields in the Sichuan region and is capable of extracting and delivering a significant amount of natural gas. Heavy oil is used in industry as fuel and as a raw material for the production of chemicals. Overall, Shougang Concord Century Holdings emphasizes broad diversification of its business activities. This positions the company well to withstand market fluctuations and economic turbulence. At the same time, it is able to take advantage of new market opportunities and continuously expand its business. Shougang Century Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Shougang Century Holdings's Return on Equity (ROE)
Shougang Century Holdings'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 Shougang Century Holdings'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
Shougang Century Holdings'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 Shougang Century Holdings’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 Shougang Century Holdings stock
How has the Return on Equity (ROE) of Shougang Century Holdings developed compared to the previous year?
The ROE of Shougang Century Holdings has increased by 28.14% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Shougang Century Holdings?
A high ROE indicates that Shougang Century Holdings 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 Shougang Century Holdings?
A low ROE can indicate that Shougang Century Holdings 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 Shougang Century Holdings affect the company?
A change in ROE (Return on Equity) of Shougang Century Holdings 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 Shougang Century Holdings?
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 Shougang Century Holdings?
Some factors that can influence Shougang Century Holdings'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 Shougang Century Holdings pay?
Over the past 12 months, Shougang Century Holdings paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Shougang Century Holdings is expected to pay a dividend of 0.01 HKD.
What is the dividend yield of Shougang Century Holdings?
The current dividend yield of Shougang Century Holdings is 2.25 %.
When does Shougang Century Holdings pay dividends?
Shougang Century Holdings pays a quarterly dividend. This is distributed in the months of July, August, August, August.
How secure is the dividend of Shougang Century Holdings?
Shougang Century Holdings paid dividends every year for the past 4 years.
What is the dividend of Shougang Century Holdings?
For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 2.25 %.
In which sector is Shougang Century Holdings located?
Shougang Century Holdings is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Shougang Century Holdings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shougang Century Holdings from 7/31/2024 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.
When did Shougang Century Holdings pay the last dividend?
The last dividend was paid out on 7/31/2024.
What was the dividend of Shougang Century Holdings in the year 2023?
In the year 2023, Shougang Century Holdings distributed 0.015 HKD as dividends.
In which currency does Shougang Century Holdings pay out the dividend?
The dividends of Shougang Century Holdings are distributed in HKD.
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Andere Kennzahlen von Shougang Century Holdings
Our stock analysis for Shougang Century 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 Shougang Century Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Shougang Century Holdings Revenue
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- Shougang Century Holdings EBIT
- Shougang Century Holdings Dividend
- Shougang Century Holdings Stocks
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- Shougang Century Holdings Debt
- Shougang Century Holdings Liabilities
- Shougang Century Holdings Equity
- Shougang Century Holdings AAQS
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- Shougang Century Holdings ROE
- Shougang Century Holdings ROA
- Shougang Century Holdings ROCE
