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Sinosteel Engineering & Technology Co Stock

Sinosteel Engineering & Technology Co ROCE 2024

Sinosteel Engineering & Technology Co ROCE

0.12

Ticker

000928.SZ

ISIN

CNE0000007W1

In 2024, Sinosteel Engineering & Technology Co's return on capital employed (ROCE) was 0.12, a -1.89% increase from the 0.12 ROCE in the previous year.

Sinosteel Engineering & Technology Co Aktienanalyse

What does Sinosteel Engineering & Technology Co do?

Sinosteel Engineering & Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Sinosteel Engineering & Technology Co's Return on Capital Employed (ROCE)

Sinosteel Engineering & Technology Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Sinosteel Engineering & Technology Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Sinosteel Engineering & Technology Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Sinosteel Engineering & Technology Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Sinosteel Engineering & Technology Co stock

What is the ROCE (Return on Capital Employed) of Sinosteel Engineering & Technology Co this year?

The ROCE of Sinosteel Engineering & Technology Co is 0.12 undefined this year.

How has the ROCE (Return on Capital Employed) of Sinosteel Engineering & Technology Co developed compared to the previous year?

The ROCE of Sinosteel Engineering & Technology Co has increased by -1.89% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Sinosteel Engineering & Technology Co?

A high Return on Capital Employed (ROCE) indicates that Sinosteel Engineering & Technology Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Sinosteel Engineering & Technology Co?

A low ROCE (Return on Capital Employed) can indicate that Sinosteel Engineering & Technology Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Sinosteel Engineering & Technology Co impact the company?

An increase in the ROCE of Sinosteel Engineering & Technology Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Sinosteel Engineering & Technology Co affect the company?

A decrease in ROCE of Sinosteel Engineering & Technology Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Sinosteel Engineering & Technology Co?

Some factors that can affect Sinosteel Engineering & Technology Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Sinosteel Engineering & Technology Co so important for investors?

The ROCE of Sinosteel Engineering & Technology Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Sinosteel Engineering & Technology Co take to improve the ROCE?

To improve the ROCE, Sinosteel Engineering & Technology Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Sinosteel Engineering & Technology Co pay?

Over the past 12 months, Sinosteel Engineering & Technology Co paid a dividend of 0.49 CNY . This corresponds to a dividend yield of about 7.55 %. For the coming 12 months, Sinosteel Engineering & Technology Co is expected to pay a dividend of 0.51 CNY.

What is the dividend yield of Sinosteel Engineering & Technology Co?

The current dividend yield of Sinosteel Engineering & Technology Co is 7.55 %.

When does Sinosteel Engineering & Technology Co pay dividends?

Sinosteel Engineering & Technology Co pays a quarterly dividend. This is distributed in the months of July, December, July, July.

How secure is the dividend of Sinosteel Engineering & Technology Co?

Sinosteel Engineering & Technology Co paid dividends every year for the past 10 years.

What is the dividend of Sinosteel Engineering & Technology Co?

For the upcoming 12 months, dividends amounting to 0.51 CNY are expected. This corresponds to a dividend yield of 7.93 %.

In which sector is Sinosteel Engineering & Technology Co located?

Sinosteel Engineering & Technology Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Sinosteel Engineering & Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinosteel Engineering & Technology Co from 6/6/2024 amounting to 0.266 CNY, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did Sinosteel Engineering & Technology Co pay the last dividend?

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

What was the dividend of Sinosteel Engineering & Technology Co in the year 2023?

In the year 2023, Sinosteel Engineering & Technology Co distributed 0.254 CNY as dividends.

In which currency does Sinosteel Engineering & Technology Co pay out the dividend?

The dividends of Sinosteel Engineering & Technology Co are distributed in CNY.

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Andere Kennzahlen von Sinosteel Engineering & Technology Co

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