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Sinomach Precision Industry Group Co Stock

Sinomach Precision Industry Group Co ROA 2024

Sinomach Precision Industry Group Co ROA

0.05

Ticker

002046.SZ

ISIN

CNE000001LY1

In 2024, Sinomach Precision Industry Group Co's return on assets (ROA) was 0.05, a 12.78% increase from the 0.04 ROA in the previous year.

Sinomach Precision Industry Group Co Aktienanalyse

What does Sinomach Precision Industry Group Co do?

Sinomach Precision Industry Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sinomach Precision Industry Group Co's Return on Assets (ROA)

Sinomach Precision Industry Group 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 Sinomach Precision Industry Group 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 Sinomach Precision Industry Group 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 Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co stock

What is the Return on Assets (ROA) of Sinomach Precision Industry Group Co this year?

The Return on Assets (ROA) of Sinomach Precision Industry Group Co is 0.05 undefined this year.

What was the ROA of Sinomach Precision Industry Group Co compared to the previous year?

The ROA of Sinomach Precision Industry Group Co has increased by 12.78% compared to the previous year.

What consequences do high ROA have for investors of Sinomach Precision Industry Group Co?

A high ROA is advantageous for investors of Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co?

A low ROA can be unfavorable for investors of Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co affect the company?

An increase in ROA of Sinomach Precision Industry Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Sinomach Precision Industry Group Co impact the company?

A reduction in the ROA of Sinomach Precision Industry Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Sinomach Precision Industry Group Co?

Some factors that can influence the ROA of Sinomach Precision Industry Group Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Sinomach Precision Industry Group Co important for investors?

The ROA of Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co take to improve ROA?

To improve ROA, Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co pay?

Over the past 12 months, Sinomach Precision Industry Group Co paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 1.93 %. For the coming 12 months, Sinomach Precision Industry Group Co is expected to pay a dividend of 0.19 CNY.

What is the dividend yield of Sinomach Precision Industry Group Co?

The current dividend yield of Sinomach Precision Industry Group Co is 1.93 %.

When does Sinomach Precision Industry Group Co pay dividends?

Sinomach Precision Industry Group Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Sinomach Precision Industry Group Co?

Sinomach Precision Industry Group Co paid dividends every year for the past 9 years.

What is the dividend of Sinomach Precision Industry Group Co?

For the upcoming 12 months, dividends amounting to 0.19 CNY are expected. This corresponds to a dividend yield of 2.04 %.

In which sector is Sinomach Precision Industry Group Co located?

Sinomach Precision Industry Group Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Sinomach Precision Industry Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinomach Precision Industry Group Co from 6/13/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Sinomach Precision Industry Group Co pay the last dividend?

The last dividend was paid out on 6/13/2024.

What was the dividend of Sinomach Precision Industry Group Co in the year 2023?

In the year 2023, Sinomach Precision Industry Group Co distributed 0.101 CNY as dividends.

In which currency does Sinomach Precision Industry Group Co pay out the dividend?

The dividends of Sinomach Precision Industry Group Co are distributed in CNY.

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Andere Kennzahlen von Sinomach Precision Industry Group Co

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