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Songwon Industrial Co Stock

Songwon Industrial Co ROA 2024

Songwon Industrial Co ROA

0.03

Ticker

004430.KS

ISIN

KR7004430005

In 2024, Songwon Industrial Co's return on assets (ROA) was 0.03, a -70.5% increase from the 0.11 ROA in the previous year.

Songwon Industrial Co Aktienanalyse

What does Songwon Industrial Co do?

Songwon Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Songwon Industrial Co's Return on Assets (ROA)

Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial Co stock

What is the Return on Assets (ROA) of Songwon Industrial Co this year?

The Return on Assets (ROA) of Songwon Industrial Co is 0.03 undefined this year.

What was the ROA of Songwon Industrial Co compared to the previous year?

The ROA of Songwon Industrial Co has increased by -70.5% compared to the previous year.

What consequences do high ROA have for investors of Songwon Industrial Co?

A high ROA is advantageous for investors of Songwon Industrial 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 Songwon Industrial Co?

A low ROA can be unfavorable for investors of Songwon Industrial 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 Songwon Industrial Co affect the company?

An increase in ROA of Songwon Industrial Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Songwon Industrial Co impact the company?

A reduction in the ROA of Songwon Industrial Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Songwon Industrial Co?

Some factors that can influence the ROA of Songwon Industrial Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Songwon Industrial Co important for investors?

The ROA of Songwon Industrial 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 Songwon Industrial Co take to improve ROA?

To improve ROA, Songwon Industrial 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 Songwon Industrial Co pay?

Over the past 12 months, Songwon Industrial Co paid a dividend of 250 KRW . This corresponds to a dividend yield of about 2.41 %. For the coming 12 months, Songwon Industrial Co is expected to pay a dividend of 294.13 KRW.

What is the dividend yield of Songwon Industrial Co?

The current dividend yield of Songwon Industrial Co is 2.41 %.

When does Songwon Industrial Co pay dividends?

Songwon Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Songwon Industrial Co?

Songwon Industrial Co paid dividends every year for the past 17 years.

What is the dividend of Songwon Industrial Co?

For the upcoming 12 months, dividends amounting to 294.13 KRW are expected. This corresponds to a dividend yield of 2.84 %.

In which sector is Songwon Industrial Co located?

Songwon Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Songwon Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Songwon Industrial Co from 5/1/2024 amounting to 250 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Songwon Industrial Co pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Songwon Industrial Co in the year 2023?

In the year 2023, Songwon Industrial Co distributed 500 KRW as dividends.

In which currency does Songwon Industrial Co pay out the dividend?

The dividends of Songwon Industrial Co are distributed in KRW.

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Andere Kennzahlen von Songwon Industrial Co

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