RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
TradeGo FinTech Stock

TradeGo FinTech ROA 2024

TradeGo FinTech ROA

0.05

Ticker

8017.HK

ISIN

KYG8985W1042

In 2024, TradeGo FinTech's return on assets (ROA) was 0.05, a -54.55% increase from the 0.12 ROA in the previous year.

TradeGo FinTech Aktienanalyse

What does TradeGo FinTech do?

TradeGo FinTech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TradeGo FinTech's Return on Assets (ROA)

TradeGo FinTech'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 TradeGo FinTech'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 TradeGo FinTech'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 TradeGo FinTech’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 TradeGo FinTech stock

What is the Return on Assets (ROA) of TradeGo FinTech this year?

The Return on Assets (ROA) of TradeGo FinTech is 0.05 undefined this year.

What was the ROA of TradeGo FinTech compared to the previous year?

The ROA of TradeGo FinTech has increased by -54.55% compared to the previous year.

What consequences do high ROA have for investors of TradeGo FinTech?

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

What are the consequences of low ROA for investors in TradeGo FinTech?

A low ROA can be unfavorable for investors of TradeGo FinTech 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 TradeGo FinTech affect the company?

An increase in ROA of TradeGo FinTech can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of TradeGo FinTech impact the company?

A reduction in the ROA of TradeGo FinTech can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of TradeGo FinTech?

Some factors that can influence the ROA of TradeGo FinTech include revenue, operating costs, asset structure, and industry average.

Why is the ROA of TradeGo FinTech important for investors?

The ROA of TradeGo FinTech 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 TradeGo FinTech take to improve ROA?

To improve ROA, TradeGo FinTech 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 TradeGo FinTech pay?

Over the past 12 months, TradeGo FinTech paid a dividend of 0.02 HKD . This corresponds to a dividend yield of about 7.06 %. For the coming 12 months, TradeGo FinTech is expected to pay a dividend of 0.02 HKD.

What is the dividend yield of TradeGo FinTech?

The current dividend yield of TradeGo FinTech is 7.06 %.

When does TradeGo FinTech pay dividends?

TradeGo FinTech pays a quarterly dividend. This is distributed in the months of April, January, February, May.

How secure is the dividend of TradeGo FinTech?

TradeGo FinTech paid dividends every year for the past 3 years.

What is the dividend of TradeGo FinTech?

For the upcoming 12 months, dividends amounting to 0.02 HKD are expected. This corresponds to a dividend yield of 7.06 %.

In which sector is TradeGo FinTech located?

TradeGo FinTech is assigned to the 'Finance' sector.

Wann musste ich die Aktien von TradeGo FinTech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TradeGo FinTech from 7/1/2024 amounting to 0.018 HKD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did TradeGo FinTech pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of TradeGo FinTech in the year 2023?

In the year 2023, TradeGo FinTech distributed 0.043 HKD as dividends.

In which currency does TradeGo FinTech pay out the dividend?

The dividends of TradeGo FinTech are distributed in HKD.

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Andere Kennzahlen von TradeGo FinTech

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