Smit Holdings Stock

Smit Holdings ROA 2024

Smit Holdings ROA

-0.07

Ticker

2239.HK

ISIN

KYG824001054

In 2024, Smit Holdings's return on assets (ROA) was -0.07, a -130.66% increase from the 0.23 ROA in the previous year.

Smit Holdings Aktienanalyse

What does Smit Holdings do?

Smit Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Smit Holdings's Return on Assets (ROA)

Smit Holdings'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 Smit Holdings'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 Smit Holdings'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 Smit Holdings’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 Smit Holdings stock

What is the Return on Assets (ROA) of Smit Holdings this year?

The Return on Assets (ROA) of Smit Holdings is -0.07 undefined this year.

What was the ROA of Smit Holdings compared to the previous year?

The ROA of Smit Holdings has increased by -130.66% compared to the previous year.

What consequences do high ROA have for investors of Smit Holdings?

A high ROA is advantageous for investors of Smit Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Smit Holdings?

A low ROA can be unfavorable for investors of Smit Holdings 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 Smit Holdings affect the company?

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

How does a reduction in ROA of Smit Holdings impact the company?

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

What are some factors that can influence the ROA of Smit Holdings?

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

Why is the ROA of Smit Holdings important for investors?

The ROA of Smit Holdings 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 Smit Holdings take to improve ROA?

To improve ROA, Smit Holdings 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 Smit Holdings pay?

Over the past 12 months, Smit Holdings paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 11.98 %. For the coming 12 months, Smit Holdings is expected to pay a dividend of 0.01 USD.

What is the dividend yield of Smit Holdings?

The current dividend yield of Smit Holdings is 11.98 %.

When does Smit Holdings pay dividends?

Smit Holdings pays a quarterly dividend. This is distributed in the months of July, June, June, July.

How secure is the dividend of Smit Holdings?

Smit Holdings paid dividends every year for the past 7 years.

What is the dividend of Smit Holdings?

For the upcoming 12 months, dividends amounting to 0.01 USD are expected. This corresponds to a dividend yield of 11.98 %.

In which sector is Smit Holdings located?

Smit Holdings is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Smit Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Smit Holdings from 6/21/2024 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did Smit Holdings pay the last dividend?

The last dividend was paid out on 6/21/2024.

What was the dividend of Smit Holdings in the year 2023?

In the year 2023, Smit Holdings distributed 0.01 USD as dividends.

In which currency does Smit Holdings pay out the dividend?

The dividends of Smit Holdings are distributed in USD.

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Andere Kennzahlen von Smit Holdings

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