What is the Return on Assets (ROA) of Tat Hong Equipment Service Co this year?
The Return on Assets (ROA) of Tat Hong Equipment Service Co is -0.01 undefined this year.
Tat Hong Equipment Service Co ROA 2024
Tat Hong Equipment Service Co ROA
-0.01
Ticker
2153.HK
ISIN
KYG8683B1059
WKN
A2QLQM
In 2024, Tat Hong Equipment Service Co's return on assets (ROA) was -0.01, a -169.59% increase from the 0.02 ROA in the previous year.
Tat Hong Equipment Service Co Aktienanalyse
What does Tat Hong Equipment Service Co do?
Tat Hong Equipment Service Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Tat Hong Equipment Service Co's Return on Assets (ROA)
Tat Hong Equipment Service Co'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 Tat Hong Equipment Service Co'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 Tat Hong Equipment Service Co'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 Tat Hong Equipment Service Co’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 Tat Hong Equipment Service Co Stock
What was the ROA of Tat Hong Equipment Service Co compared to the previous year?
The ROA of Tat Hong Equipment Service Co has increased by -169.59% compared to the previous year.
What consequences do high ROA have for investors of Tat Hong Equipment Service Co?
A high ROA is advantageous for investors of Tat Hong Equipment Service Co, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Tat Hong Equipment Service Co?
A low ROA can be unfavorable for investors of Tat Hong Equipment Service Co 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 Tat Hong Equipment Service Co affect the company?
An increase in ROA of Tat Hong Equipment Service Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Tat Hong Equipment Service Co impact the company?
A reduction in the ROA of Tat Hong Equipment Service Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Tat Hong Equipment Service Co?
Some factors that can influence the ROA of Tat Hong Equipment Service Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Tat Hong Equipment Service Co important for investors?
The ROA of Tat Hong Equipment Service Co 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 Tat Hong Equipment Service Co take to improve ROA?
To improve ROA, Tat Hong Equipment Service Co 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 Tat Hong Equipment Service Co pay?
Over the past 12 months, Tat Hong Equipment Service Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 5.1 %. For the coming 12 months, Tat Hong Equipment Service Co is expected to pay a dividend of 0.05 CNY.
What is the dividend yield of Tat Hong Equipment Service Co?
The current dividend yield of Tat Hong Equipment Service Co is 5.1 %.
When does Tat Hong Equipment Service Co pay dividends?
Tat Hong Equipment Service Co pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Tat Hong Equipment Service Co?
Tat Hong Equipment Service Co paid dividends every year for the past 0 years.
What is the dividend of Tat Hong Equipment Service Co?
For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 5.1 %.
In which sector is Tat Hong Equipment Service Co located?
Tat Hong Equipment Service Co is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Tat Hong Equipment Service Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tat Hong Equipment Service Co from 11/4/2022 amounting to 0.016 CNY, you needed to have the stock in your portfolio before the ex-date on 10/10/2022.
When did Tat Hong Equipment Service Co pay the last dividend?
The last dividend was paid out on 11/4/2022.
What was the dividend of Tat Hong Equipment Service Co in the year 2023?
In the year 2023, Tat Hong Equipment Service Co distributed 0.03 CNY as dividends.
In which currency does Tat Hong Equipment Service Co pay out the dividend?
The dividends of Tat Hong Equipment Service Co are distributed in CNY.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Tat Hong Equipment Service Co
Our stock analysis for Tat Hong Equipment Service 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 Tat Hong Equipment Service Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Tat Hong Equipment Service Co Revenue
- Tat Hong Equipment Service Co Net Income
- Tat Hong Equipment Service Co P/E
- Tat Hong Equipment Service Co P/S
- Tat Hong Equipment Service Co EBIT
- Tat Hong Equipment Service Co Dividend
- Tat Hong Equipment Service Co Stocks
- Tat Hong Equipment Service Co Market capitalization
- Tat Hong Equipment Service Co Debt
- Tat Hong Equipment Service Co Liabilities
- Tat Hong Equipment Service Co Equity
- Tat Hong Equipment Service Co AAQS
- Tat Hong Equipment Service Co Employees
- Tat Hong Equipment Service Co ROE
- Tat Hong Equipment Service Co ROA
- Tat Hong Equipment Service Co ROCE