What is the ROE (Return on Equity) of Sumitomo this year?
The ROE of Sumitomo this year is 0.09 undefined.
Sumitomo ROE 2024
Sumitomo ROE
0.09
Ticker
8053.T
ISIN
JP3404600003
WKN
860364
In 2024, Sumitomo's return on equity (ROE) was 0.09, a -40.07% increase from the 0.14 ROE in the previous year.
Sumitomo Aktienanalyse
What does Sumitomo do?
Sumitomo Corporation is one of the largest trading companies in Japan and is an important player on a global level. The company's history dates back to 1919 when Sumitomo Bank spun off its trading department and established the independent company Sumitomo Shoji Corporation. Since then, the company has continuously evolved and is now operating in more than 70 countries worldwide. Sumitomo Corporation's business model is based on the import and export of goods and services, as well as facilitating investments and financial services. The company operates a wide range of business fields and is involved in various industries such as energy, metals, chemicals, food, automotive, infrastructure, and residential properties. Subsidiaries of Sumitomo Corporation also offer specialized services such as financial services, legal advice, information technology, and logistics. Additionally, Sumitomo Corporation is also engaged in the development of technologies and products. One of Sumitomo Corporation's key business fields is the energy industry. The company is actively involved in oil and gas exploration and production and participates in numerous energy projects worldwide. Sumitomo Corporation also invests in renewable energies such as wind power and solar energy to sustainably meet the world's growing energy demand. In the metals and minerals industry, Sumitomo Corporation operates mining and processing facilities and is a significant supplier of raw materials such as copper, nickel, zinc, and aluminum. The company is also engaged in research and development of new materials and technologies. In the chemicals and plastics sector, Sumitomo Corporation is a major producer and distributor of chemicals and plastics worldwide. The company also specializes in plastics processing and manufactures products such as automotive and aircraft parts, electronic components, and packaging. In the food industry, Sumitomo Corporation is an important provider of food products such as animal products, seafood, rice, fruits, and vegetables. The company is also involved in food processing and distribution, aiming to ensure a safe and sustainable food supply for the world. Sumitomo Corporation is also active in the automotive sector, supplying parts and components for the automobile and motorcycle industry. The company is also involved in automotive financing and leasing. In the infrastructure industry, Sumitomo Corporation operates public facilities such as roads, bridges, airports, and ports. Additionally, the company is active in the telecommunications and IT industry, providing services such as network operation, system integration, and data storage. In summary, Sumitomo Corporation is a versatile trading company specializing in the management of raw materials, energy resources, and industrial goods. The company operates a wide range of business fields and acts as a facilitator of investments and financial services. Through its global presence and comprehensive business model, Sumitomo Corporation contributes significantly to the economic development of the world and sustainable living. Sumitomo ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Sumitomo's Return on Equity (ROE)
Sumitomo's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Sumitomo's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Sumitomo's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Sumitomo’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Sumitomo stock
How has the Return on Equity (ROE) of Sumitomo developed compared to the previous year?
The ROE of Sumitomo has increased by -40.07% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Sumitomo?
A high ROE indicates that Sumitomo generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Sumitomo?
A low ROE can indicate that Sumitomo is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Sumitomo affect the company?
A change in ROE (Return on Equity) of Sumitomo can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Sumitomo?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Sumitomo?
Some factors that can influence Sumitomo's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Sumitomo pay?
Over the past 12 months, Sumitomo paid a dividend of 127.5 JPY . This corresponds to a dividend yield of about 3.8 %. For the coming 12 months, Sumitomo is expected to pay a dividend of 139.4 JPY.
What is the dividend yield of Sumitomo?
The current dividend yield of Sumitomo is 3.8 %.
When does Sumitomo pay dividends?
Sumitomo pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of Sumitomo?
Sumitomo paid dividends every year for the past 23 years.
What is the dividend of Sumitomo?
For the upcoming 12 months, dividends amounting to 139.4 JPY are expected. This corresponds to a dividend yield of 4.16 %.
In which sector is Sumitomo located?
Sumitomo is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Sumitomo kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Sumitomo from 12/1/2024 amounting to 65 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
When did Sumitomo pay the last dividend?
The last dividend was paid out on 12/1/2024.
What was the dividend of Sumitomo in the year 2023?
In the year 2023, Sumitomo distributed 120 JPY as dividends.
In which currency does Sumitomo pay out the dividend?
The dividends of Sumitomo are distributed in JPY.
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Andere Kennzahlen von Sumitomo
Our stock analysis for Sumitomo 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 Sumitomo Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
