Sinomax Group Stock

Sinomax Group ROA 2024

Sinomax Group ROA

0.03

Ticker

1418.HK

ISIN

KYG8191A1022

In 2024, Sinomax Group's return on assets (ROA) was 0.03, a -261.85% increase from the -0.02 ROA in the previous year.

Sinomax Group Aktienanalyse

What does Sinomax Group do?

The Sinomax Group Ltd is a Chinese company that was founded in 1986. The company is engaged in the manufacturing of polyurethane foam products such as mattresses, pillows, blankets, foam padding, as well as the development and production of new materials. The company's product range includes items for both private and commercial use. Sinomax's business model is focused on meeting the needs of its customers. With a operating area of over 290,000 square meters, the company serves customers worldwide with a wide range of products. The company aims to strengthen its status as a leading player in the industry and pursues a long-term strategy for continuous improvement and expansion of its offerings. In recent years, the Sinomax Group Ltd has significantly expanded its business areas and is now active in a number of business segments. These include: 1. Mattresses and mattress covers Sinomax's mattresses and mattress covers are marketed under the brand "SleepBetter". These products are specifically designed to meet the needs of people who desire high comfort and quality at an affordable price. 2. Pillows and blankets Under the brand name "Comfort Therapy", Sinomax offers a variety of pillows and blankets that are specially designed to provide high comfort and improve sleep. The products are made from innovative memory foam and offer numerous benefits, such as better posture and spinal support. 3. Foam padding Sinomax is also a leader in the production of foam padding for furniture and vehicles. The company's products are versatile and can be customized according to specific requirements. 4. New materials The company constantly researches and develops new materials and products. One of the latest developments by the Sinomax Group is a memory foam that offers a completely new level of comfort and support. Sinomax is proud of its ability to continuously produce innovative and high-quality products to meet customer demands. The company also invests in research and development to develop new technologies and materials that contribute to further improving the quality of its products. With a strong focus on high quality, customer satisfaction, and innovation, Sinomax remains a leading provider of polyurethane foam products. Overall, Sinomax Group Ltd has achieved impressive growth and remarkable performance in recent years. With a clear focus on customer satisfaction, innovation, and quality, the company has established a strong position in the market and emerged as one of the industry leaders in the manufacturing of polyurethane foam products. Sinomax Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sinomax Group's Return on Assets (ROA)

Sinomax 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 Sinomax 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 Sinomax 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 Sinomax 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 Sinomax Group stock

What is the Return on Assets (ROA) of Sinomax Group this year?

The Return on Assets (ROA) of Sinomax Group is 0.03 undefined this year.

What was the ROA of Sinomax Group compared to the previous year?

The ROA of Sinomax Group has increased by -261.85% compared to the previous year.

What consequences do high ROA have for investors of Sinomax Group?

A high ROA is advantageous for investors of Sinomax 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 Sinomax Group?

A low ROA can be unfavorable for investors of Sinomax 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 Sinomax Group affect the company?

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

How does a reduction in ROA of Sinomax Group impact the company?

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

What are some factors that can influence the ROA of Sinomax Group?

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

Why is the ROA of Sinomax Group important for investors?

The ROA of Sinomax 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 Sinomax Group take to improve ROA?

To improve ROA, Sinomax 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 Sinomax Group pay?

Over the past 12 months, Sinomax Group paid a dividend of 0 HKD . This corresponds to a dividend yield of about 1.89 %. For the coming 12 months, Sinomax Group is expected to pay a dividend of 0 HKD.

What is the dividend yield of Sinomax Group?

The current dividend yield of Sinomax Group is 1.89 %.

When does Sinomax Group pay dividends?

Sinomax Group pays a quarterly dividend. This is distributed in the months of July, August, October, July.

How secure is the dividend of Sinomax Group?

Sinomax Group paid dividends every year for the past 2 years.

What is the dividend of Sinomax Group?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 1.89 %.

In which sector is Sinomax Group located?

Sinomax Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Sinomax Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinomax Group from 7/19/2024 amounting to 0.013 HKD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Sinomax Group pay the last dividend?

The last dividend was paid out on 7/19/2024.

What was the dividend of Sinomax Group in the year 2023?

In the year 2023, Sinomax Group distributed 0.004 HKD as dividends.

In which currency does Sinomax Group pay out the dividend?

The dividends of Sinomax Group are distributed in HKD.

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Andere Kennzahlen von Sinomax Group

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