What is the Return on Assets (ROA) of Sumec Corp this year?
The Return on Assets (ROA) of Sumec Corp is 0.02 undefined this year.
Sumec Corp ROA 2024
Sumec Corp ROA
0.02
Ticker
600710.SS
ISIN
CNE000000KL2
In 2024, Sumec Corp's return on assets (ROA) was 0.02, a 13.88% increase from the 0.02 ROA in the previous year.
Sumec Corp Aktienanalyse
What does Sumec Corp do?
Sumec Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Sumec Corp's Return on Assets (ROA)
Sumec Corp'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 Sumec Corp'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 Sumec Corp'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 Sumec Corp’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 Sumec Corp stock
What was the ROA of Sumec Corp compared to the previous year?
The ROA of Sumec Corp has increased by 13.88% compared to the previous year.
What consequences do high ROA have for investors of Sumec Corp?
A high ROA is advantageous for investors of Sumec Corp, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Sumec Corp?
A low ROA can be unfavorable for investors of Sumec Corp 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 Sumec Corp affect the company?
An increase in ROA of Sumec Corp can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Sumec Corp impact the company?
A reduction in the ROA of Sumec Corp can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Sumec Corp?
Some factors that can influence the ROA of Sumec Corp include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Sumec Corp important for investors?
The ROA of Sumec Corp 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 Sumec Corp take to improve ROA?
To improve ROA, Sumec Corp 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 Sumec Corp pay?
Over the past 12 months, Sumec Corp paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 3.76 %. For the coming 12 months, Sumec Corp is expected to pay a dividend of 0.33 CNY.
What is the dividend yield of Sumec Corp?
The current dividend yield of Sumec Corp is 3.76 %.
When does Sumec Corp pay dividends?
Sumec Corp pays a quarterly dividend. This is distributed in the months of July, July, July, August.
How secure is the dividend of Sumec Corp?
Sumec Corp paid dividends every year for the past 10 years.
What is the dividend of Sumec Corp?
For the upcoming 12 months, dividends amounting to 0.33 CNY are expected. This corresponds to a dividend yield of 4.11 %.
In which sector is Sumec Corp located?
Sumec Corp is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Sumec Corp kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Sumec Corp from 7/5/2024 amounting to 0.33 CNY, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did Sumec Corp pay the last dividend?
The last dividend was paid out on 7/5/2024.
What was the dividend of Sumec Corp in the year 2023?
In the year 2023, Sumec Corp distributed 0.265 CNY as dividends.
In which currency does Sumec Corp pay out the dividend?
The dividends of Sumec Corp are distributed in CNY.
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Andere Kennzahlen von Sumec Corp
Our stock analysis for Sumec Corp 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 Sumec Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.