Taekwang Industrial Co Stock

Taekwang Industrial Co ROE 2024

Taekwang Industrial Co ROE

-0

Ticker

003240.KS

ISIN

KR7003240009

In 2024, Taekwang Industrial Co's return on equity (ROE) was -0, a -107.39% increase from the 0.06 ROE in the previous year.

Taekwang Industrial Co Aktienanalyse

What does Taekwang Industrial Co do?

Taekwang Industrial Co Ltd is a South Korean company that was founded in 1971. It has since become one of the leading manufacturers and suppliers of various products and services. The business model of Taekwang is based on the production and sale of textiles, chemicals, foams, and other raw materials. It also focuses on developing value chains to serve its customers worldwide optimally. In the early 1970s, Taekwang started as a small chemical company in Seoul. But within a few years, it evolved into a diversified company offering various products and services. In 2018, Taekwang acquired a majority stake in German company Thermozell Kunststoff GmbH, expanding its value chain into the European market. Taekwang is divided into four subgroups, dealing with different areas: textiles, chemicals, foams, and components. The textile division produces and sells various types of yarns, fabrics, and non-woven products. It also offers a wide range of textile products for various applications in the apparel industry, healthcare, automotive, and construction industries. Taekwang is also a leading manufacturer of chemicals such as petrochemicals, resins, and other organic and inorganic raw materials. The company produces products used in construction materials, automotive, electronics, and other industries. The foam division produces foam materials used for cushioning and insulation. It also produces specialty foams for medical devices and other specific applications. Taekwang also produces various components and parts used in industries such as automotive and electronics. For example, it manufactures sealing rings, rubber gaskets, and other components. Overall, Taekwang produces a wide variety of products, including yarns, fabrics, components, and foams used in the manufacturing of furniture, clothing, automobiles, buildings, appliances, and more. The company also produces specialty products such as non-woven fabrics, medical devices, and high-performance materials. Its goal is to offer a broad range of products to meet its customers' specific requirements. In conclusion, Taekwang is a leading company specializing in the production of textiles, chemicals, foams, and other raw materials. Its value chains extend to various industries and markets. Taekwang aims to offer a broad range of products and meet its customers' specific requirements. Taekwang Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Taekwang Industrial Co's Return on Equity (ROE)

Taekwang Industrial Co'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 Taekwang Industrial Co'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

Taekwang Industrial Co'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 Taekwang Industrial Co’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 Taekwang Industrial Co stock

What is the ROE (Return on Equity) of Taekwang Industrial Co this year?

The ROE of Taekwang Industrial Co this year is -0 undefined.

How has the Return on Equity (ROE) of Taekwang Industrial Co developed compared to the previous year?

The ROE of Taekwang Industrial Co has increased by -107.39% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Taekwang Industrial Co?

A high ROE indicates that Taekwang Industrial Co 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 Taekwang Industrial Co?

A low ROE can indicate that Taekwang Industrial Co 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 Taekwang Industrial Co affect the company?

A change in ROE (Return on Equity) of Taekwang Industrial Co 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 Taekwang Industrial Co?

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 Taekwang Industrial Co?

Some factors that can influence Taekwang Industrial Co'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 Taekwang Industrial Co pay?

Over the past 12 months, Taekwang Industrial Co paid a dividend of 1,750 KRW . This corresponds to a dividend yield of about 0.28 %. For the coming 12 months, Taekwang Industrial Co is expected to pay a dividend of 1,750 KRW.

What is the dividend yield of Taekwang Industrial Co?

The current dividend yield of Taekwang Industrial Co is 0.28 %.

When does Taekwang Industrial Co pay dividends?

Taekwang Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Taekwang Industrial Co?

Taekwang Industrial Co paid dividends every year for the past 20 years.

What is the dividend of Taekwang Industrial Co?

For the upcoming 12 months, dividends amounting to 1,750 KRW are expected. This corresponds to a dividend yield of 0.28 %.

In which sector is Taekwang Industrial Co located?

Taekwang Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Taekwang Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Taekwang Industrial Co from 6/1/2024 amounting to 1,750 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Taekwang Industrial Co pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Taekwang Industrial Co in the year 2023?

In the year 2023, Taekwang Industrial Co distributed 1,750 KRW as dividends.

In which currency does Taekwang Industrial Co pay out the dividend?

The dividends of Taekwang Industrial Co are distributed in KRW.

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Andere Kennzahlen von Taekwang Industrial Co

Our stock analysis for Taekwang Industrial 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 Taekwang Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.