What is the ROE (Return on Equity) of Tonze New Energy Technology Co this year?
The ROE of Tonze New Energy Technology Co this year is 0.01 undefined.
In 2024, Tonze New Energy Technology Co's return on equity (ROE) was 0.01, a -94.31% increase from the 0.14 ROE in the previous year.
Tonze New Energy Technology Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Analyzing Tonze New Energy Technology Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Tonze New Energy Technology Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Changes in Tonze New Energy Technology Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
The ROE of Tonze New Energy Technology Co this year is 0.01 undefined.
The ROE of Tonze New Energy Technology Co has increased by -94.31% decreased compared to the previous year.
A high ROE indicates that Tonze New Energy Technology Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
A low ROE can indicate that Tonze New Energy Technology Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.
A change in ROE (Return on Equity) of Tonze New Energy Technology Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Some factors that can influence Tonze New Energy Technology Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
Over the past 12 months, Tonze New Energy Technology Co paid a dividend of 0.27 CNY . This corresponds to a dividend yield of about 2.41 %. For the coming 12 months, Tonze New Energy Technology Co is expected to pay a dividend of 0.27 CNY.
The current dividend yield of Tonze New Energy Technology Co is 2.41 %.
Tonze New Energy Technology Co pays a quarterly dividend. This is distributed in the months of June, April, June, June.
Tonze New Energy Technology Co paid dividends every year for the past 2 years.
For the upcoming 12 months, dividends amounting to 0.27 CNY are expected. This corresponds to a dividend yield of 2.41 %.
Tonze New Energy Technology Co is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Tonze New Energy Technology Co from 5/24/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 5/24/2024.
The last dividend was paid out on 5/24/2024.
In the year 2023, Tonze New Energy Technology Co distributed 0.38 CNY as dividends.
The dividends of Tonze New Energy Technology Co are distributed in CNY.
Our stock analysis for Tonze New Energy Technology 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 Tonze New Energy Technology Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.