Shougang Fushan Resources Group Stock

Shougang Fushan Resources Group ROA 2024

Shougang Fushan Resources Group ROA

0.08

Ticker

639.HK

ISIN

HK0639031506

WKN

A0ETXL

In 2024, Shougang Fushan Resources Group's return on assets (ROA) was 0.08, a -27.42% increase from the 0.12 ROA in the previous year.

Shougang Fushan Resources Group Aktienanalyse

What does Shougang Fushan Resources Group do?

Shougang Fushan Resources Group Ltd is a Chinese company specializing in the production and distribution of steel and copper products. It was established in 1999 and is based in Beijing, China. The company is a wholly-owned subsidiary of Shougang Group, one of the largest steel producers in China. The company's business model is based on the use of advanced technologies and environmentally friendly production processes. Shougang Fushan Resources Group Ltd operates various plants in China, including in Tianjin, Qian'an, and Baotou. These plants produce a variety of steel and copper products, including rolled steel, steel wire, steel piles, copper cathodes, and copper tubes. The company is divided into different divisions, each specializing in the production of specific products. The Shougang Fushan Resources Steel Co. Ltd division produces rolled steel with different properties and sizes for various applications. The company utilizes advanced technologies such as top-blown oxygen converter smelting and electric arc furnace smelting to ensure that the products have high quality and performance. The company also has its own R&D department, constantly working on the development of new products. The Shougang Fushan Resources Copper Co. Ltd division produces copper cathodes and copper tubes. The company uses state-of-the-art technologies such as electron beam, oxygen-blown smelting, and electrolysis processes to ensure that the products have high purity and quality. The copper products are used for various applications, including electronics, construction, and transportation. The company also has a division for steel wire, Shougang Fushan Resources Steel Wire Co. Ltd, which produces various types of steel wire for different applications. The products are used in the construction sector, agriculture, and mechanical engineering. The company also has a division for steel piles, Shougang Fushan Resources Steel Piling Co. Ltd, which produces steel piles for civil engineering. Shougang Fushan Resources Group Ltd places great importance on environmental protection and sustainability. The company adheres to strict environmental standards and uses modern technologies to reduce waste and emissions. The company also operates its own metal scrap recycling facility to minimize waste and conserve resources. Overall, Shougang Fushan Resources Group Ltd is an innovative company that produces high-quality and environmentally friendly steel and copper products. The company has a long history and is known for its advanced technologies and ability to meet the needs and requirements of customers. The company has a wide range of products and divisions, allowing it to operate in various industries and strengthen its market presence. Shougang Fushan Resources Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shougang Fushan Resources Group's Return on Assets (ROA)

Shougang Fushan Resources Group'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 Shougang Fushan Resources Group'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 Shougang Fushan Resources Group'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 Shougang Fushan Resources Group’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 Shougang Fushan Resources Group stock

What is the Return on Assets (ROA) of Shougang Fushan Resources Group this year?

The Return on Assets (ROA) of Shougang Fushan Resources Group is 0.08 undefined this year.

What was the ROA of Shougang Fushan Resources Group compared to the previous year?

The ROA of Shougang Fushan Resources Group has increased by -27.42% compared to the previous year.

What consequences do high ROA have for investors of Shougang Fushan Resources Group?

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

What are the consequences of low ROA for investors in Shougang Fushan Resources Group?

A low ROA can be unfavorable for investors of Shougang Fushan Resources Group 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 Shougang Fushan Resources Group affect the company?

An increase in ROA of Shougang Fushan Resources Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Shougang Fushan Resources Group impact the company?

A reduction in the ROA of Shougang Fushan Resources Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Shougang Fushan Resources Group?

Some factors that can influence the ROA of Shougang Fushan Resources Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Shougang Fushan Resources Group important for investors?

The ROA of Shougang Fushan Resources Group 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 Shougang Fushan Resources Group take to improve ROA?

To improve ROA, Shougang Fushan Resources Group 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 Shougang Fushan Resources Group pay?

Over the past 12 months, Shougang Fushan Resources Group paid a dividend of 0.38 HKD . This corresponds to a dividend yield of about 12.58 %. For the coming 12 months, Shougang Fushan Resources Group is expected to pay a dividend of 0.4 HKD.

What is the dividend yield of Shougang Fushan Resources Group?

The current dividend yield of Shougang Fushan Resources Group is 12.58 %.

When does Shougang Fushan Resources Group pay dividends?

Shougang Fushan Resources Group pays a quarterly dividend. This is distributed in the months of October, July, July, November.

How secure is the dividend of Shougang Fushan Resources Group?

Shougang Fushan Resources Group paid dividends every year for the past 18 years.

What is the dividend of Shougang Fushan Resources Group?

For the upcoming 12 months, dividends amounting to 0.4 HKD are expected. This corresponds to a dividend yield of 13.15 %.

In which sector is Shougang Fushan Resources Group located?

Shougang Fushan Resources Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shougang Fushan Resources Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shougang Fushan Resources Group from 11/7/2024 amounting to 0.09 HKD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Shougang Fushan Resources Group pay the last dividend?

The last dividend was paid out on 11/7/2024.

What was the dividend of Shougang Fushan Resources Group in the year 2023?

In the year 2023, Shougang Fushan Resources Group distributed 0.47 HKD as dividends.

In which currency does Shougang Fushan Resources Group pay out the dividend?

The dividends of Shougang Fushan Resources Group are distributed in HKD.

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Andere Kennzahlen von Shougang Fushan Resources Group

Our stock analysis for Shougang Fushan Resources Group 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 Fushan Resources Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.