Tongling Nonferrous Metals Group Co Stock

Tongling Nonferrous Metals Group Co Equity 2024

Tongling Nonferrous Metals Group Co Equity

31.82 B CNY

Ticker

000630.SZ

ISIN

CNE000000529

In 2024, Tongling Nonferrous Metals Group Co's equity was 31.82 B CNY, a 5.47% increase from the 30.17 B CNY equity in the previous year.

Tongling Nonferrous Metals Group Co Aktienanalyse

What does Tongling Nonferrous Metals Group Co do?

Tongling Nonferrous Metals Group Co Ltd is a Chinese company that was founded in 1952 as Tongling Copper Smelter and today is one of the world's largest copper producers. The company is based in the Anhui province and employs over 20,000 employees. Its product range includes copper and aluminum products, intermediate products for the chemical industry, as well as electronics and electrical parts. The company's history is closely linked to the development of the Chinese economy. In the 1950s, Tongling Copper Smelter was established to meet the demand for copper in China. In the 1980s, the company began to diversify its product range and focused on a strategy of diversification. This included the production of aluminum and chemical intermediates. In 2000, Tongling Nonferrous Metals Group Co Ltd was founded to consolidate these activities. The company's business model is based on vertical integration, meaning that they not only manufacture products but also extract the raw materials. The company operates its own copper and aluminum mines and also has access to large deposits of rare earths and other metals. This allows them to cover the entire value chain and maintain production stability even during times of high raw material prices. The company is divided into various divisions. The largest is the copper division, which manufactures copper products for various industries. This includes cable and wire products, pipes, and forged products. The aluminum division mainly produces aluminum profiles for the construction and transportation industries. The chemical division produces intermediate products for the pharmaceutical, agricultural, and food industries. Finally, there is the electronics and electrical division, which produces electronic components, batteries, and solar cells. The company is not only active in China but also internationally. It has subsidiaries and investments in Europe, North America, and Asia. Tongling Nonferrous Metals Group Co Ltd is pursuing a strategy of expanding its international business and aims to become a global brand. In summary, Tongling Nonferrous Metals Group Co Ltd is a successful Chinese company with a long history. It has evolved from a pure copper producer to a diversified conglomerate operating in various sectors. The business model is based on vertical integration, providing the company with stability. Tongling Nonferrous Metals Group Co Ltd is active not only in China but also internationally and aims to become a global brand. Tongling Nonferrous Metals Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Tongling Nonferrous Metals Group Co's Equity

Tongling Nonferrous Metals Group Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tongling Nonferrous Metals Group Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Tongling Nonferrous Metals Group Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Tongling Nonferrous Metals Group Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Tongling Nonferrous Metals Group Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Tongling Nonferrous Metals Group Co stock

What is the equity of Tongling Nonferrous Metals Group Co this year?

Tongling Nonferrous Metals Group Co has equity of 31.82 B CNY this year.

What was the equity of Tongling Nonferrous Metals Group Co compared to the previous year?

The equity of Tongling Nonferrous Metals Group Co has increased/decreased by 5.47% increased compared to the previous year.

What impact does a high equity have on investors of Tongling Nonferrous Metals Group Co?

A high equity is advantageous for investors of Tongling Nonferrous Metals Group Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Tongling Nonferrous Metals Group Co?

A low equity can be a risk for investors of Tongling Nonferrous Metals Group Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Tongling Nonferrous Metals Group Co affect the company?

An increase in equity of Tongling Nonferrous Metals Group Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Tongling Nonferrous Metals Group Co affect the company?

A reduction in equity of Tongling Nonferrous Metals Group Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Tongling Nonferrous Metals Group Co?

Some factors that can affect the equity of Tongling Nonferrous Metals Group Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Tongling Nonferrous Metals Group Co so important for investors?

The equity of Tongling Nonferrous Metals Group Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Tongling Nonferrous Metals Group Co take to change the equity?

To change equity, Tongling Nonferrous Metals Group Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Tongling Nonferrous Metals Group Co pay?

Over the past 12 months, Tongling Nonferrous Metals Group Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 1.47 %. For the coming 12 months, Tongling Nonferrous Metals Group Co is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of Tongling Nonferrous Metals Group Co?

The current dividend yield of Tongling Nonferrous Metals Group Co is 1.47 %.

When does Tongling Nonferrous Metals Group Co pay dividends?

Tongling Nonferrous Metals Group Co pays a quarterly dividend. This is distributed in the months of June, June, July, July.

How secure is the dividend of Tongling Nonferrous Metals Group Co?

Tongling Nonferrous Metals Group Co paid dividends every year for the past 9 years.

What is the dividend of Tongling Nonferrous Metals Group Co?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 1.63 %.

In which sector is Tongling Nonferrous Metals Group Co located?

Tongling Nonferrous Metals Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tongling Nonferrous Metals Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongling Nonferrous Metals Group Co from 6/7/2024 amounting to 0.079 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Tongling Nonferrous Metals Group Co pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Tongling Nonferrous Metals Group Co in the year 2023?

In the year 2023, Tongling Nonferrous Metals Group Co distributed 0.1 CNY as dividends.

In which currency does Tongling Nonferrous Metals Group Co pay out the dividend?

The dividends of Tongling Nonferrous Metals Group Co are distributed in CNY.

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Andere Kennzahlen von Tongling Nonferrous Metals Group Co

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