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Tongguan Gold Group Stock

Tongguan Gold Group ROA 2024

Tongguan Gold Group ROA

0.01

Ticker

340.HK

ISIN

BMG8919D1074

In 2024, Tongguan Gold Group's return on assets (ROA) was 0.01, a -18.09% increase from the 0.01 ROA in the previous year.

Tongguan Gold Group Aktienanalyse

What does Tongguan Gold Group do?

Tongguan Gold Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Tongguan Gold Group's Return on Assets (ROA)

Tongguan Gold Group'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 Tongguan Gold Group'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 Tongguan Gold Group'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 Tongguan Gold Group’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 Tongguan Gold Group stock

What is the Return on Assets (ROA) of Tongguan Gold Group this year?

The Return on Assets (ROA) of Tongguan Gold Group is 0.01 undefined this year.

What was the ROA of Tongguan Gold Group compared to the previous year?

The ROA of Tongguan Gold Group has increased by -18.09% compared to the previous year.

What consequences do high ROA have for investors of Tongguan Gold Group?

A high ROA is advantageous for investors of Tongguan Gold Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Tongguan Gold Group?

A low ROA can be unfavorable for investors of Tongguan Gold Group 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 Tongguan Gold Group affect the company?

An increase in ROA of Tongguan Gold Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Tongguan Gold Group impact the company?

A reduction in the ROA of Tongguan Gold Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Tongguan Gold Group?

Some factors that can influence the ROA of Tongguan Gold Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Tongguan Gold Group important for investors?

The ROA of Tongguan Gold Group 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 Tongguan Gold Group take to improve ROA?

To improve ROA, Tongguan Gold Group 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 Tongguan Gold Group pay?

Over the past 12 months, Tongguan Gold Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tongguan Gold Group is expected to pay a dividend of 0 HKD.

What is the dividend yield of Tongguan Gold Group?

The current dividend yield of Tongguan Gold Group is .

When does Tongguan Gold Group pay dividends?

Tongguan Gold Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Tongguan Gold Group?

Tongguan Gold Group paid dividends every year for the past 0 years.

What is the dividend of Tongguan Gold Group?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Tongguan Gold Group located?

Tongguan Gold Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tongguan Gold Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongguan Gold Group from 9/30/2024 amounting to 0 HKD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Tongguan Gold Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Tongguan Gold Group in the year 2023?

In the year 2023, Tongguan Gold Group distributed 0 HKD as dividends.

In which currency does Tongguan Gold Group pay out the dividend?

The dividends of Tongguan Gold Group are distributed in HKD.

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Andere Kennzahlen von Tongguan Gold Group

Our stock analysis for Tongguan Gold Group 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 Tongguan Gold Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.