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Sokan New Materials Group Co Stock

Sokan New Materials Group Co ROA 2024

Sokan New Materials Group Co ROA

0.05

Ticker

688157.SS

ISIN

CNE100003ZS8

In 2024, Sokan New Materials Group Co's return on assets (ROA) was 0.05, a -11.5% increase from the 0.06 ROA in the previous year.

Sokan New Materials Group Co Aktienanalyse

What does Sokan New Materials Group Co do?

Sokan New Materials Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sokan New Materials Group Co's Return on Assets (ROA)

Sokan New Materials 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 Sokan New Materials 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 Sokan New Materials 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 Sokan New Materials 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 Sokan New Materials Group Co stock

What is the Return on Assets (ROA) of Sokan New Materials Group Co this year?

The Return on Assets (ROA) of Sokan New Materials Group Co is 0.05 undefined this year.

What was the ROA of Sokan New Materials Group Co compared to the previous year?

The ROA of Sokan New Materials Group Co has increased by -11.5% compared to the previous year.

What consequences do high ROA have for investors of Sokan New Materials Group Co?

A high ROA is advantageous for investors of Sokan New Materials 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 Sokan New Materials Group Co?

A low ROA can be unfavorable for investors of Sokan New Materials 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 Sokan New Materials Group Co affect the company?

An increase in ROA of Sokan New Materials Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Sokan New Materials Group Co impact the company?

A reduction in the ROA of Sokan New Materials Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Sokan New Materials Group Co?

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

Why is the ROA of Sokan New Materials Group Co important for investors?

The ROA of Sokan New Materials 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 Sokan New Materials Group Co take to improve ROA?

To improve ROA, Sokan New Materials 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 Sokan New Materials Group Co pay?

Over the past 12 months, Sokan New Materials Group Co paid a dividend of 0.22 CNY . This corresponds to a dividend yield of about 0.49 %. For the coming 12 months, Sokan New Materials Group Co is expected to pay a dividend of 0.23 CNY.

What is the dividend yield of Sokan New Materials Group Co?

The current dividend yield of Sokan New Materials Group Co is 0.49 %.

When does Sokan New Materials Group Co pay dividends?

Sokan New Materials Group Co pays a quarterly dividend. This is distributed in the months of July, May, June, July.

How secure is the dividend of Sokan New Materials Group Co?

Sokan New Materials Group Co paid dividends every year for the past 6 years.

What is the dividend of Sokan New Materials Group Co?

For the upcoming 12 months, dividends amounting to 0.23 CNY are expected. This corresponds to a dividend yield of 0.51 %.

In which sector is Sokan New Materials Group Co located?

Sokan New Materials Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sokan New Materials Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sokan New Materials Group Co from 6/14/2024 amounting to 0.22 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Sokan New Materials Group Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Sokan New Materials Group Co in the year 2023?

In the year 2023, Sokan New Materials Group Co distributed 0.264 CNY as dividends.

In which currency does Sokan New Materials Group Co pay out the dividend?

The dividends of Sokan New Materials Group Co are distributed in CNY.

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Andere Kennzahlen von Sokan New Materials Group Co

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