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Tongling Nonferrous Metals Group Co Stock

Tongling Nonferrous Metals Group Co ROA 2024

Tongling Nonferrous Metals Group Co ROA

0.03

Ticker

000630.SZ

ISIN

CNE000000529

In 2024, Tongling Nonferrous Metals Group Co's return on assets (ROA) was 0.03, a -37.05% increase from the 0.05 ROA 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.

ROA Details

Understanding Tongling Nonferrous Metals Group Co's Return on Assets (ROA)

Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co stock

What is the Return on Assets (ROA) of Tongling Nonferrous Metals Group Co this year?

The Return on Assets (ROA) of Tongling Nonferrous Metals Group Co is 0.03 undefined this year.

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

The ROA of Tongling Nonferrous Metals Group Co has increased by -37.05% compared to the previous year.

What consequences do high ROA have for investors of Tongling Nonferrous Metals Group Co?

A high ROA is advantageous for investors of Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co?

A low ROA can be unfavorable for investors of Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co affect the company?

An increase in ROA of Tongling Nonferrous Metals Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Tongling Nonferrous Metals Group Co impact the company?

A reduction in the ROA of Tongling Nonferrous Metals Group Co can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Tongling Nonferrous Metals Group Co include revenue, operating costs, asset structure, and industry average.

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

The ROA of Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co take to improve ROA?

To improve ROA, Tongling Nonferrous Metals Group 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 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 1.42 %. 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 1.42 %.

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 1.58 %.

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.