What is the ROCE (Return on Capital Employed) of Tongling Jingda Special Magnet Wire Co this year?
The ROCE of Tongling Jingda Special Magnet Wire Co is 0.13 undefined this year.
Tongling Jingda Special Magnet Wire Co ROCE 2024
Tongling Jingda Special Magnet Wire Co ROCE
0.13
Ticker
600577.SS
ISIN
CNE000001CG7
In 2024, Tongling Jingda Special Magnet Wire Co's return on capital employed (ROCE) was 0.13, a 2.95% increase from the 0.12 ROCE in the previous year.
Tongling Jingda Special Magnet Wire Co Aktienanalyse
What does Tongling Jingda Special Magnet Wire Co do?
Tongling Jingda Special Magnet Wire Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Tongling Jingda Special Magnet Wire Co's Return on Capital Employed (ROCE)
Tongling Jingda Special Magnet Wire Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Tongling Jingda Special Magnet Wire Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Tongling Jingda Special Magnet Wire Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Tongling Jingda Special Magnet Wire Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Tongling Jingda Special Magnet Wire Co stock
How has the ROCE (Return on Capital Employed) of Tongling Jingda Special Magnet Wire Co developed compared to the previous year?
The ROCE of Tongling Jingda Special Magnet Wire Co has increased by 2.95% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Tongling Jingda Special Magnet Wire Co?
A high Return on Capital Employed (ROCE) indicates that Tongling Jingda Special Magnet Wire Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Tongling Jingda Special Magnet Wire Co?
A low ROCE (Return on Capital Employed) can indicate that Tongling Jingda Special Magnet Wire Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Tongling Jingda Special Magnet Wire Co impact the company?
An increase in the ROCE of Tongling Jingda Special Magnet Wire Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Tongling Jingda Special Magnet Wire Co affect the company?
A decrease in ROCE of Tongling Jingda Special Magnet Wire Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Tongling Jingda Special Magnet Wire Co?
Some factors that can affect Tongling Jingda Special Magnet Wire Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Tongling Jingda Special Magnet Wire Co so important for investors?
The ROCE of Tongling Jingda Special Magnet Wire Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Tongling Jingda Special Magnet Wire Co take to improve the ROCE?
To improve the ROCE, Tongling Jingda Special Magnet Wire Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Tongling Jingda Special Magnet Wire Co pay?
Over the past 12 months, Tongling Jingda Special Magnet Wire Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 2.29 %. For the coming 12 months, Tongling Jingda Special Magnet Wire Co is expected to pay a dividend of 0.13 CNY.
What is the dividend yield of Tongling Jingda Special Magnet Wire Co?
The current dividend yield of Tongling Jingda Special Magnet Wire Co is 2.29 %.
When does Tongling Jingda Special Magnet Wire Co pay dividends?
Tongling Jingda Special Magnet Wire Co pays a quarterly dividend. This is distributed in the months of May, June, June, May.
How secure is the dividend of Tongling Jingda Special Magnet Wire Co?
Tongling Jingda Special Magnet Wire Co paid dividends every year for the past 15 years.
What is the dividend of Tongling Jingda Special Magnet Wire Co?
For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 2.43 %.
In which sector is Tongling Jingda Special Magnet Wire Co located?
Tongling Jingda Special Magnet Wire Co is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Tongling Jingda Special Magnet Wire Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tongling Jingda Special Magnet Wire Co from 4/26/2024 amounting to 0.13 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.
When did Tongling Jingda Special Magnet Wire Co pay the last dividend?
The last dividend was paid out on 4/26/2024.
What was the dividend of Tongling Jingda Special Magnet Wire Co in the year 2023?
In the year 2023, Tongling Jingda Special Magnet Wire Co distributed 0.03 CNY as dividends.
In which currency does Tongling Jingda Special Magnet Wire Co pay out the dividend?
The dividends of Tongling Jingda Special Magnet Wire Co are distributed in CNY.
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Andere Kennzahlen von Tongling Jingda Special Magnet Wire Co
Our stock analysis for Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Tongling Jingda Special Magnet Wire Co Revenue
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- Tongling Jingda Special Magnet Wire Co P/E
- Tongling Jingda Special Magnet Wire Co P/S
- Tongling Jingda Special Magnet Wire Co EBIT
- Tongling Jingda Special Magnet Wire Co Dividend
- Tongling Jingda Special Magnet Wire Co Stocks
- Tongling Jingda Special Magnet Wire Co Market capitalization
- Tongling Jingda Special Magnet Wire Co Debt
- Tongling Jingda Special Magnet Wire Co Liabilities
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- Tongling Jingda Special Magnet Wire Co AAQS
- Tongling Jingda Special Magnet Wire Co Employees
- Tongling Jingda Special Magnet Wire Co ROE
- Tongling Jingda Special Magnet Wire Co ROA
- Tongling Jingda Special Magnet Wire Co ROCE