What is the level of liabilities of Sinosteel New Materials Co this year?
Sinosteel New Materials Co has a debt balance of 2.24 B CNY this year.
In 2024, Sinosteel New Materials Co's total liabilities amounted to 2.24 B CNY, a 11.18% difference from the 2.01 B CNY total liabilities in the previous year.
Sinosteel New Materials Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Sinosteel New Materials Co's financial stability, operational efficiency, and long-term viability.
By comparing Sinosteel New Materials Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Sinosteel New Materials Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Shifts in Sinosteel New Materials Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Sinosteel New Materials Co has a debt balance of 2.24 B CNY this year.
The liabilities of Sinosteel New Materials Co have increased by 11.18% increased compared to the previous year.
High liabilities can pose a risk for investors of Sinosteel New Materials Co, as they can weaken the company's financial position and impair its ability to meet its obligations.
Low liabilities mean that Sinosteel New Materials Co has a strong financial position and is able to meet its obligations without overburdening its finances.
An increase in liabilities of Sinosteel New Materials Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
A decrease in the liabilities of Sinosteel New Materials Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
Some factors that can influence the liabilities of Sinosteel New Materials Co include investments, acquisitions, operating costs, and sales development.
The liabilities of Sinosteel New Materials Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
To change its liabilities, Sinosteel New Materials Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
Over the past 12 months, Sinosteel New Materials Co paid a dividend of 0.24 CNY . This corresponds to a dividend yield of about 3.13 %. For the coming 12 months, Sinosteel New Materials Co is expected to pay a dividend of 0.26 CNY.
The current dividend yield of Sinosteel New Materials Co is 3.13 %.
Sinosteel New Materials Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.
Sinosteel New Materials Co paid dividends every year for the past 13 years.
For the upcoming 12 months, dividends amounting to 0.26 CNY are expected. This corresponds to a dividend yield of 3.42 %.
Sinosteel New Materials Co is assigned to the 'Commodities' sector.
To receive the latest dividend of Sinosteel New Materials Co from 6/26/2024 amounting to 0.181 CNY, you needed to have the stock in your portfolio before the ex-date on 6/26/2024.
The last dividend was paid out on 6/26/2024.
In the year 2023, Sinosteel New Materials Co distributed 0.139 CNY as dividends.
The dividends of Sinosteel New Materials Co are distributed in CNY.
Our stock analysis for Sinosteel New Materials 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 New Materials Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.