Thai Steel Cable PCL - Stock

Thai Steel Cable PCL ROA 2024

Thai Steel Cable PCL ROA

0.12

Thai Steel Cable PCL Dividend yield

7.04 %

Ticker

TSC.BK

ISIN

TH0847010004

In 2024, Thai Steel Cable PCL's return on assets (ROA) was 0.12, a 38.74% increase from the 0.09 ROA in the previous year.

Thai Steel Cable PCL Aktienanalyse

What does Thai Steel Cable PCL do?

Thai Steel Cable PCL is a Thai company that has been operating in the steel and wire rope industry for over 40 years. The company was founded in 1973 and has since become one of the leading manufacturers of steel and wire ropes in the region. The company's business model is focused on delivering high-quality products that meet the needs of a variety of industries. The key sectors include construction, oil and gas, mining, agriculture, and automotive. Each product is tailored to the specific requirements of the industry and customer to ensure optimal performance. In the construction sector, Thai Steel Cable is a key partner in the construction of high-rise buildings, bridges, and other large projects. The company offers a wide range of steel ropes, wires, and tension rods that can withstand the industry's high demands. In the oil and gas industry, the company provides a range of ropes that meet the demanding requirements of the industry. This includes special gripping and deflecting ropes used in drilling or special ropes for offshore installations. In agriculture, Thai Steel Cable supplies ropes for agricultural machinery, drainage pumps, and winches. Durability plays an important role here as the equipment is often subjected to heavy loads in tough field operations. In the automotive industry, the company offers various types of ropes. These include brake, clutch, and accelerator cables, as well as cables for transmissions, clutches, and steering systems. Careful attention must be paid to the durability of these components as they are often subjected to heavy stress in tough operational conditions. Thai Steel Cable also has a subsidiary specializing in the production of galvanized steel. This subsidiary, Thai Galvanizing Co. Ltd., was established in 1991 and produces high-quality steel products that comply with the strict regulations of the automotive, construction, shipbuilding, household, and industrial sectors. The company not only specializes in manufacturing products but also invests in the automation of production to continuously improve the efficiency and quality of its products. Thai Steel Cable has state-of-the-art production facilities and trained professionals who carefully inspect each product before it leaves the factory. Overall, Thai Steel Cable PCL is a well-established company in the Thai industry and beyond. Through continuous investments and a focus on quality and customer satisfaction, the company has achieved a leading position in the industries it serves. Thai Steel Cable PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Thai Steel Cable PCL's Return on Assets (ROA)

Thai Steel Cable 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 Thai Steel Cable 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 Thai Steel Cable 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 Thai Steel Cable 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 Thai Steel Cable PCL Stock

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

The Return on Assets (ROA) of Thai Steel Cable PCL is 0.12 undefined this year.

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

The ROA of Thai Steel Cable PCL has increased by 38.74% compared to the previous year.

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

A high ROA is advantageous for investors of Thai Steel Cable 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 Thai Steel Cable PCL?

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

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

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

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

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

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

Why is the ROA of Thai Steel Cable PCL important for investors?

The ROA of Thai Steel Cable 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 Thai Steel Cable PCL take to improve ROA?

To improve ROA, Thai Steel Cable 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 Thai Steel Cable PCL pay?

Over the past 12 months, Thai Steel Cable PCL paid a dividend of 1 THB . This corresponds to a dividend yield of about 7.04 %. For the coming 12 months, Thai Steel Cable PCL is expected to pay a dividend of 1 THB.

What is the dividend yield of Thai Steel Cable PCL?

The current dividend yield of Thai Steel Cable PCL is 7.04 %.

When does Thai Steel Cable PCL pay dividends?

Thai Steel Cable PCL pays a quarterly dividend. This is distributed in the months of March, June, March, June.

How secure is the dividend of Thai Steel Cable PCL?

Thai Steel Cable PCL paid dividends every year for the past 18 years.

What is the dividend of Thai Steel Cable PCL?

For the upcoming 12 months, dividends amounting to 1 THB are expected. This corresponds to a dividend yield of 7.04 %.

In which sector is Thai Steel Cable PCL located?

Thai Steel Cable PCL is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Thai Steel Cable PCL from 6/6/2024 amounting to 0.4 THB, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.

When did Thai Steel Cable PCL pay the last dividend?

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

What was the dividend of Thai Steel Cable PCL in the year 2023?

In the year 2023, Thai Steel Cable PCL distributed 0.78 THB as dividends.

In which currency does Thai Steel Cable PCL pay out the dividend?

The dividends of Thai Steel Cable PCL are distributed in THB.

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Andere Kennzahlen von Thai Steel Cable PCL

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