What is the Return on Assets (ROA) of TNG Investment and Trading JSC this year?
The Return on Assets (ROA) of TNG Investment and Trading JSC is 0.04 undefined this year.
In 2024, TNG Investment and Trading JSC's return on assets (ROA) was 0.04, a -22.98% increase from the 0.05 ROA in the previous year.
TNG Investment and Trading JSC'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.
Comparing TNG Investment and Trading JSC'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.
Investors consider TNG Investment and Trading JSC'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.
Variations in TNG Investment and Trading JSC’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.
The Return on Assets (ROA) of TNG Investment and Trading JSC is 0.04 undefined this year.
The ROA of TNG Investment and Trading JSC has increased by -22.98% compared to the previous year.
A high ROA is advantageous for investors of TNG Investment and Trading JSC, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of TNG Investment and Trading JSC as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of TNG Investment and Trading JSC can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of TNG Investment and Trading JSC can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of TNG Investment and Trading JSC include revenue, operating costs, asset structure, and industry average.
The ROA of TNG Investment and Trading JSC 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.
To improve ROA, TNG Investment and Trading JSC 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.
Over the past 12 months, TNG Investment and Trading JSC paid a dividend of 1,170.37 VND . This corresponds to a dividend yield of about 4.72 %. For the coming 12 months, TNG Investment and Trading JSC is expected to pay a dividend of 1,303.34 VND.
The current dividend yield of TNG Investment and Trading JSC is 4.72 %.
TNG Investment and Trading JSC pays a quarterly dividend. This is distributed in the months of February, November, February, September.
TNG Investment and Trading JSC paid dividends every year for the past 6 years.
For the upcoming 12 months, dividends amounting to 1,303.34 VND are expected. This corresponds to a dividend yield of 5.26 %.
TNG Investment and Trading JSC is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of TNG Investment and Trading JSC from 8/30/2024 amounting to 400 VND, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
The last dividend was paid out on 8/30/2024.
In the year 2023, TNG Investment and Trading JSC distributed 1,056.241 VND as dividends.
The dividends of TNG Investment and Trading JSC are distributed in VND.
Our stock analysis for TNG Investment and Trading JSC 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 TNG Investment and Trading JSC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.