What is the Return on Assets (ROA) of Songz Automobile Air Conditioning Co this year?
The Return on Assets (ROA) of Songz Automobile Air Conditioning Co is 0.01 undefined this year.
Songz Automobile Air Conditioning Co ROA 2024
Songz Automobile Air Conditioning Co ROA
0.01
Ticker
002454.SZ
ISIN
CNE100000RX1
In 2024, Songz Automobile Air Conditioning Co's return on assets (ROA) was 0.01, a 0.56% increase from the 0.01 ROA in the previous year.
Songz Automobile Air Conditioning Co Aktienanalyse
What does Songz Automobile Air Conditioning Co do?
Songz Automobile Air Conditioning Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Songz Automobile Air Conditioning Co's Return on Assets (ROA)
Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co stock
What was the ROA of Songz Automobile Air Conditioning Co compared to the previous year?
The ROA of Songz Automobile Air Conditioning Co has increased by 0.56% compared to the previous year.
What consequences do high ROA have for investors of Songz Automobile Air Conditioning Co?
A high ROA is advantageous for investors of Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co?
A low ROA can be unfavorable for investors of Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co affect the company?
An increase in ROA of Songz Automobile Air Conditioning Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Songz Automobile Air Conditioning Co impact the company?
A reduction in the ROA of Songz Automobile Air Conditioning Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Songz Automobile Air Conditioning Co?
Some factors that can influence the ROA of Songz Automobile Air Conditioning Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Songz Automobile Air Conditioning Co important for investors?
The ROA of Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co take to improve ROA?
To improve ROA, Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co pay?
Over the past 12 months, Songz Automobile Air Conditioning Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, Songz Automobile Air Conditioning Co is expected to pay a dividend of 0.03 CNY.
What is the dividend yield of Songz Automobile Air Conditioning Co?
The current dividend yield of Songz Automobile Air Conditioning Co is 0.54 %.
When does Songz Automobile Air Conditioning Co pay dividends?
Songz Automobile Air Conditioning Co pays a quarterly dividend. This is distributed in the months of June, July, July, July.
How secure is the dividend of Songz Automobile Air Conditioning Co?
Songz Automobile Air Conditioning Co paid dividends every year for the past 11 years.
What is the dividend of Songz Automobile Air Conditioning Co?
For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 0.54 %.
In which sector is Songz Automobile Air Conditioning Co located?
Songz Automobile Air Conditioning Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Songz Automobile Air Conditioning Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Songz Automobile Air Conditioning Co from 6/14/2024 amounting to 0.06 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.
When did Songz Automobile Air Conditioning Co pay the last dividend?
The last dividend was paid out on 6/14/2024.
What was the dividend of Songz Automobile Air Conditioning Co in the year 2023?
In the year 2023, Songz Automobile Air Conditioning Co distributed 0.04 CNY as dividends.
In which currency does Songz Automobile Air Conditioning Co pay out the dividend?
The dividends of Songz Automobile Air Conditioning Co are distributed in CNY.
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Our stock analysis for Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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