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Sichuan Hongda Co Stock

Sichuan Hongda Co ROA 2024

Sichuan Hongda Co ROA

-0.04

Ticker

600331.SS

ISIN

CNE0000019F1

In 2024, Sichuan Hongda Co's return on assets (ROA) was -0.04, a -274.82% increase from the 0.03 ROA in the previous year.

Sichuan Hongda Co Aktienanalyse

What does Sichuan Hongda Co do?

Sichuan Hongda Co Ltd is a Chinese company that has been operating in various business sectors for over two decades, specializing in the production and distribution of chemicals, textiles, leather products, and machinery. The company was founded in 1994 and has steadily grown and been successful since then. It is headquartered in Chengdu, a city in southwestern China, and operates multiple locations in different countries, including India, Pakistan, and Vietnam. The company's business model is based on the development of high-quality products that are appreciated by customers both domestically and internationally. It emphasizes efficiency, quality, and customer satisfaction and strives to continuously improve its services. One of the company's main sectors is the chemical industry, where it produces various chemicals for a variety of applications, including plastics, detergents, and fungicides. The company works closely with its customers to offer tailor-made solutions that meet their requirements. Another important sector is the textile industry, where the company produces various clothing items such as t-shirts, jeans, and sweaters. In this area as well, the company is highly focused on meeting the needs of its customers and emphasizes quality and environmental friendliness to differentiate itself from competitors. Sichuan Hongda Co Ltd is also involved in the leather production sector, producing leather products such as handbags, belts, and shoes. The company places great emphasis on the quality of its products and works closely with its customers to constantly improve its products and meet their needs. Another pillar of the company is machinery manufacturing. Sichuan Hongda Co Ltd produces a wide range of machinery for various applications, including agriculture, manufacturing, and transportation. In this area as well, the company focuses on quality and customer satisfaction, offering tailor-made solutions to its customers. The company has a special focus on research and development of new technologies and products. It has a dedicated research team that constantly works to develop new products that meet customer requirements and are environmentally friendly. Overall, Sichuan Hongda Co Ltd is a versatile and expanding company operating in various industries, specializing in quality and customer satisfaction. The company aims to further expand its business and explore new markets without neglecting its values of quality and customer orientation. Sichuan Hongda Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sichuan Hongda Co's Return on Assets (ROA)

Sichuan Hongda 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 Sichuan Hongda 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 Sichuan Hongda 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 Sichuan Hongda 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 Sichuan Hongda Co stock

What is the Return on Assets (ROA) of Sichuan Hongda Co this year?

The Return on Assets (ROA) of Sichuan Hongda Co is -0.04 undefined this year.

What was the ROA of Sichuan Hongda Co compared to the previous year?

The ROA of Sichuan Hongda Co has increased by -274.82% compared to the previous year.

What consequences do high ROA have for investors of Sichuan Hongda Co?

A high ROA is advantageous for investors of Sichuan Hongda 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 Sichuan Hongda Co?

A low ROA can be unfavorable for investors of Sichuan Hongda 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 Sichuan Hongda Co affect the company?

An increase in ROA of Sichuan Hongda Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Sichuan Hongda Co impact the company?

A reduction in the ROA of Sichuan Hongda Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Sichuan Hongda Co?

Some factors that can influence the ROA of Sichuan Hongda Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Sichuan Hongda Co important for investors?

The ROA of Sichuan Hongda 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 Sichuan Hongda Co take to improve ROA?

To improve ROA, Sichuan Hongda 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 Sichuan Hongda Co pay?

Over the past 12 months, Sichuan Hongda Co paid a dividend of 0.6 CNY . This corresponds to a dividend yield of about 7.41 %. For the coming 12 months, Sichuan Hongda Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Sichuan Hongda Co?

The current dividend yield of Sichuan Hongda Co is 7.41 %.

When does Sichuan Hongda Co pay dividends?

Sichuan Hongda Co pays a quarterly dividend. This is distributed in the months of August, July, June, August.

How secure is the dividend of Sichuan Hongda Co?

Sichuan Hongda Co paid dividends every year for the past 0 years.

What is the dividend of Sichuan Hongda Co?

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

In which sector is Sichuan Hongda Co located?

Sichuan Hongda Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sichuan Hongda Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sichuan Hongda Co from 7/11/2008 amounting to 0.6 CNY, you needed to have the stock in your portfolio before the ex-date on 7/3/2008.

When did Sichuan Hongda Co pay the last dividend?

The last dividend was paid out on 7/11/2008.

What was the dividend of Sichuan Hongda Co in the year 2023?

In the year 2023, Sichuan Hongda Co distributed 0 CNY as dividends.

In which currency does Sichuan Hongda Co pay out the dividend?

The dividends of Sichuan Hongda Co are distributed in CNY.

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Andere Kennzahlen von Sichuan Hongda Co

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