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Tong Ren Tang Technologies Co Stock

Tong Ren Tang Technologies Co ROA 2024

Tong Ren Tang Technologies Co ROA

0.04

Ticker

1666.HK

ISIN

CNE100000585

WKN

A0M4ZY

In 2024, Tong Ren Tang Technologies Co's return on assets (ROA) was 0.04, a -6.42% increase from the 0.05 ROA in the previous year.

Tong Ren Tang Technologies Co Aktienanalyse

What does Tong Ren Tang Technologies Co do?

Tong Ren Tang Technologies Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Tong Ren Tang Technologies Co's Return on Assets (ROA)

Tong Ren Tang Technologies 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 Tong Ren Tang Technologies 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 Tong Ren Tang Technologies 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 Tong Ren Tang Technologies 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 Tong Ren Tang Technologies Co stock

What is the Return on Assets (ROA) of Tong Ren Tang Technologies Co this year?

The Return on Assets (ROA) of Tong Ren Tang Technologies Co is 0.04 undefined this year.

What was the ROA of Tong Ren Tang Technologies Co compared to the previous year?

The ROA of Tong Ren Tang Technologies Co has increased by -6.42% compared to the previous year.

What consequences do high ROA have for investors of Tong Ren Tang Technologies Co?

A high ROA is advantageous for investors of Tong Ren Tang Technologies 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 Tong Ren Tang Technologies Co?

A low ROA can be unfavorable for investors of Tong Ren Tang Technologies 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 Tong Ren Tang Technologies Co affect the company?

An increase in ROA of Tong Ren Tang Technologies Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Tong Ren Tang Technologies Co impact the company?

A reduction in the ROA of Tong Ren Tang Technologies Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Tong Ren Tang Technologies Co?

Some factors that can influence the ROA of Tong Ren Tang Technologies Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Tong Ren Tang Technologies Co important for investors?

The ROA of Tong Ren Tang Technologies 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 Tong Ren Tang Technologies Co take to improve ROA?

To improve ROA, Tong Ren Tang Technologies 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 Tong Ren Tang Technologies Co pay?

Over the past 12 months, Tong Ren Tang Technologies Co paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 4.06 %. For the coming 12 months, Tong Ren Tang Technologies Co is expected to pay a dividend of 0.18 CNY.

What is the dividend yield of Tong Ren Tang Technologies Co?

The current dividend yield of Tong Ren Tang Technologies Co is 4.06 %.

When does Tong Ren Tang Technologies Co pay dividends?

Tong Ren Tang Technologies Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Tong Ren Tang Technologies Co?

Tong Ren Tang Technologies Co paid dividends every year for the past 23 years.

What is the dividend of Tong Ren Tang Technologies Co?

For the upcoming 12 months, dividends amounting to 0.18 CNY are expected. This corresponds to a dividend yield of 4.27 %.

In which sector is Tong Ren Tang Technologies Co located?

Tong Ren Tang Technologies Co is assigned to the 'Health' sector.

Wann musste ich die Aktien von Tong Ren Tang Technologies Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tong Ren Tang Technologies Co from 8/9/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Tong Ren Tang Technologies Co pay the last dividend?

The last dividend was paid out on 8/9/2024.

What was the dividend of Tong Ren Tang Technologies Co in the year 2023?

In the year 2023, Tong Ren Tang Technologies Co distributed 0.187 CNY as dividends.

In which currency does Tong Ren Tang Technologies Co pay out the dividend?

The dividends of Tong Ren Tang Technologies Co are distributed in CNY.

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Andere Kennzahlen von Tong Ren Tang Technologies Co

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