TMT Steel PCL Stock

TMT Steel PCL ROA 2024

TMT Steel PCL ROA

0.04

Ticker

TMT.BK

ISIN

TH0826010Y09

In 2024, TMT Steel PCL's return on assets (ROA) was 0.04, a 39.57% increase from the 0.03 ROA in the previous year.

TMT Steel PCL Aktienanalyse

What does TMT Steel PCL do?

TMT Steel PCL is a leading Thai steel manufacturer specializing in the production of high-quality TMT (Thermo-Mechanically Treated) steel. The company was founded in 2005 and has since followed a remarkable growth strategy focused on creating a wide range of innovative products. The company currently operates three production sites in Thailand and has a total capacity of approximately 1 million tons of steel per year. Production is carried out to high standards and in compliance with international quality standards such as ISO 9001, ISO 14001, and OHSAS 18001. TMT Steel PCL's business model focuses on the manufacturing and sale of TMT steel bars, available in various sizes and lengths, which can be used in a variety of projects such as high-rise buildings, bridges, infrastructure projects, and other industrial applications. The company also strives for customer satisfaction by implementing strict quality controls. One of the pillars of TMT Steel PCL's success is continuous innovation and product development. The company continuously invests in research and development and has its own department focused on developing innovative products and technologies. This includes the introduction of new alloys to increase the strength and durability of the steel, as well as the development of more environmentally friendly production processes. TMT Steel PCL operates in three main business sectors: construction, automotive industry, and machinery and equipment manufacturing. In these sectors, the company offers various products specifically developed to meet customer needs. In the construction sector, TMT Steel PCL provides a variety of TMT steel bars suitable for use in high-rise buildings, bridges, roads, and other construction applications. These bars have been designed to ensure higher strength and durability, thus improving the safety and reliability of structures. For the automotive industry, the company offers various steel products, including high-strength steels suitable for use in the automotive industry for manufacturing body parts such as chassis, bumpers, and doors. These steels offer excellent performance and significantly higher strength than conventional steel products. In the machinery and equipment manufacturing sector, TMT Steel PCL offers various steel products that can be used in various applications such as chemical plants, oil and gas plants, and other industrial applications. These steels offer excellent corrosion resistance and high toughness. Overall, TMT Steel PCL is a company with an impressive history and a wide range of innovative products. The company has proven its ability to quickly respond to changing market demands and continuously invest in the development of new products and technologies. TMT Steel PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TMT Steel PCL's Return on Assets (ROA)

TMT Steel PCL'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 TMT Steel PCL'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 TMT Steel PCL'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 TMT Steel PCL’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 TMT Steel PCL stock

What is the Return on Assets (ROA) of TMT Steel PCL this year?

The Return on Assets (ROA) of TMT Steel PCL is 0.04 undefined this year.

What was the ROA of TMT Steel PCL compared to the previous year?

The ROA of TMT Steel PCL has increased by 39.57% compared to the previous year.

What consequences do high ROA have for investors of TMT Steel PCL?

A high ROA is advantageous for investors of TMT Steel PCL, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in TMT Steel PCL?

A low ROA can be unfavorable for investors of TMT Steel PCL 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 TMT Steel PCL affect the company?

An increase in ROA of TMT Steel PCL can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of TMT Steel PCL impact the company?

A reduction in the ROA of TMT Steel PCL can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of TMT Steel PCL?

Some factors that can influence the ROA of TMT Steel PCL include revenue, operating costs, asset structure, and industry average.

Why is the ROA of TMT Steel PCL important for investors?

The ROA of TMT Steel PCL 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 TMT Steel PCL take to improve ROA?

To improve ROA, TMT Steel PCL 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 TMT Steel PCL pay?

Over the past 12 months, TMT Steel PCL paid a dividend of 0.3 THB . This corresponds to a dividend yield of about 6.49 %. For the coming 12 months, TMT Steel PCL is expected to pay a dividend of 0.3 THB.

What is the dividend yield of TMT Steel PCL?

The current dividend yield of TMT Steel PCL is 6.49 %.

When does TMT Steel PCL pay dividends?

TMT Steel PCL pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of TMT Steel PCL?

TMT Steel PCL paid dividends every year for the past 19 years.

What is the dividend of TMT Steel PCL?

For the upcoming 12 months, dividends amounting to 0.3 THB are expected. This corresponds to a dividend yield of 6.49 %.

In which sector is TMT Steel PCL located?

TMT Steel PCL is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von TMT Steel PCL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TMT Steel PCL from 4/30/2024 amounting to 0.15 THB, you needed to have the stock in your portfolio before the ex-date on 4/9/2024.

When did TMT Steel PCL pay the last dividend?

The last dividend was paid out on 4/30/2024.

What was the dividend of TMT Steel PCL in the year 2023?

In the year 2023, TMT Steel PCL distributed 0.85 THB as dividends.

In which currency does TMT Steel PCL pay out the dividend?

The dividends of TMT Steel PCL are distributed in THB.

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Andere Kennzahlen von TMT Steel PCL

Our stock analysis for TMT Steel PCL 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 TMT Steel PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.