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Sinoma International Engineering Co Stock

Sinoma International Engineering Co ROE 2024

Sinoma International Engineering Co ROE

0.15

Ticker

600970.SS

ISIN

CNE000001LS3

In 2024, Sinoma International Engineering Co's return on equity (ROE) was 0.15, a 4.72% increase from the 0.15 ROE in the previous year.

Sinoma International Engineering Co Aktienanalyse

What does Sinoma International Engineering Co do?

Sinoma International Engineering Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Sinoma International Engineering Co's Return on Equity (ROE)

Sinoma International Engineering Co'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 Sinoma International Engineering Co'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

Sinoma International Engineering Co'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 Sinoma International Engineering Co’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 Sinoma International Engineering Co stock

What is the ROE (Return on Equity) of Sinoma International Engineering Co this year?

The ROE of Sinoma International Engineering Co this year is 0.15 undefined.

How has the Return on Equity (ROE) of Sinoma International Engineering Co developed compared to the previous year?

The ROE of Sinoma International Engineering Co has increased by 4.72% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Sinoma International Engineering Co?

A high ROE indicates that Sinoma International Engineering Co 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 Sinoma International Engineering Co?

A low ROE can indicate that Sinoma International Engineering Co 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 Sinoma International Engineering Co affect the company?

A change in ROE (Return on Equity) of Sinoma International Engineering Co 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 Sinoma International Engineering Co?

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 Sinoma International Engineering Co?

Some factors that can influence Sinoma International Engineering Co'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 Sinoma International Engineering Co pay?

Over the past 12 months, Sinoma International Engineering Co paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 2.95 %. For the coming 12 months, Sinoma International Engineering Co is expected to pay a dividend of 0.33 CNY.

What is the dividend yield of Sinoma International Engineering Co?

The current dividend yield of Sinoma International Engineering Co is 2.95 %.

When does Sinoma International Engineering Co pay dividends?

Sinoma International Engineering Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Sinoma International Engineering Co?

Sinoma International Engineering Co paid dividends every year for the past 22 years.

What is the dividend of Sinoma International Engineering Co?

For the upcoming 12 months, dividends amounting to 0.33 CNY are expected. This corresponds to a dividend yield of 3.26 %.

In which sector is Sinoma International Engineering Co located?

Sinoma International Engineering Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Sinoma International Engineering Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinoma International Engineering Co from 6/5/2024 amounting to 0.4 CNY, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Sinoma International Engineering Co pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Sinoma International Engineering Co in the year 2023?

In the year 2023, Sinoma International Engineering Co distributed 0.23 CNY as dividends.

In which currency does Sinoma International Engineering Co pay out the dividend?

The dividends of Sinoma International Engineering Co are distributed in CNY.

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Andere Kennzahlen von Sinoma International Engineering Co

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