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Thong Guan Industries Bhd Stock

Thong Guan Industries Bhd ROA 2024

Thong Guan Industries Bhd ROA

0.05

Ticker

TGUAN.KL

ISIN

MYL7034OO001

In 2024, Thong Guan Industries Bhd's return on assets (ROA) was 0.05, a -33.52% increase from the 0.08 ROA in the previous year.

Thong Guan Industries Bhd Aktienanalyse

What does Thong Guan Industries Bhd do?

Thong Guan Industries Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Thong Guan Industries Bhd's Return on Assets (ROA)

Thong Guan Industries Bhd'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 Thong Guan Industries Bhd'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 Thong Guan Industries Bhd'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 Thong Guan Industries Bhd’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 Thong Guan Industries Bhd stock

What is the Return on Assets (ROA) of Thong Guan Industries Bhd this year?

The Return on Assets (ROA) of Thong Guan Industries Bhd is 0.05 undefined this year.

What was the ROA of Thong Guan Industries Bhd compared to the previous year?

The ROA of Thong Guan Industries Bhd has increased by -33.52% compared to the previous year.

What consequences do high ROA have for investors of Thong Guan Industries Bhd?

A high ROA is advantageous for investors of Thong Guan Industries Bhd, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Thong Guan Industries Bhd?

A low ROA can be unfavorable for investors of Thong Guan Industries Bhd 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 Thong Guan Industries Bhd affect the company?

An increase in ROA of Thong Guan Industries Bhd can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Thong Guan Industries Bhd impact the company?

A reduction in the ROA of Thong Guan Industries Bhd can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Thong Guan Industries Bhd?

Some factors that can influence the ROA of Thong Guan Industries Bhd include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Thong Guan Industries Bhd important for investors?

The ROA of Thong Guan Industries Bhd 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 Thong Guan Industries Bhd take to improve ROA?

To improve ROA, Thong Guan Industries Bhd 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 Thong Guan Industries Bhd pay?

Over the past 12 months, Thong Guan Industries Bhd paid a dividend of 0.05 MYR . This corresponds to a dividend yield of about 3.08 %. For the coming 12 months, Thong Guan Industries Bhd is expected to pay a dividend of 0.05 MYR.

What is the dividend yield of Thong Guan Industries Bhd?

The current dividend yield of Thong Guan Industries Bhd is 3.08 %.

When does Thong Guan Industries Bhd pay dividends?

Thong Guan Industries Bhd pays a quarterly dividend. This is distributed in the months of April, July, April, October.

How secure is the dividend of Thong Guan Industries Bhd?

Thong Guan Industries Bhd paid dividends every year for the past 23 years.

What is the dividend of Thong Guan Industries Bhd?

For the upcoming 12 months, dividends amounting to 0.05 MYR are expected. This corresponds to a dividend yield of 3.37 %.

In which sector is Thong Guan Industries Bhd located?

Thong Guan Industries Bhd is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Thong Guan Industries Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Thong Guan Industries Bhd from 10/18/2024 amounting to 0.025 MYR, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Thong Guan Industries Bhd pay the last dividend?

The last dividend was paid out on 10/18/2024.

What was the dividend of Thong Guan Industries Bhd in the year 2023?

In the year 2023, Thong Guan Industries Bhd distributed 0.06 MYR as dividends.

In which currency does Thong Guan Industries Bhd pay out the dividend?

The dividends of Thong Guan Industries Bhd are distributed in MYR.

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Andere Kennzahlen von Thong Guan Industries Bhd

Our stock analysis for Thong Guan Industries Bhd 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 Thong Guan Industries Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.