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TravelSky Technology Stock

TravelSky Technology ROA 2024

TravelSky Technology ROA

0

Ticker

696.HK

ISIN

CNE1000004J3

WKN

A0M4ZA

In 2024, TravelSky Technology's return on assets (ROA) was 0, a -100% increase from the 0.02 ROA in the previous year.

TravelSky Technology Aktienanalyse

What does TravelSky Technology do?

TravelSky Technology Ltd is a Chinese company that was founded in 2001. Originally, it was established as a subsidiary of the China Travel Service Wandagroup Corporation, a state-owned holding company for travel management, to develop innovative and advanced travel systems for the Chinese market. The business model of TravelSky Technology is based on providing IT services for the travel industry and includes a wide range of products and solutions, ranging from flight reservation systems to payment and billing systems for airlines and other travel service providers. One of the main divisions of TravelSky Technology is the flight reservation system. The company operates the leading air traffic information and sales system in China, with a market share of about 75% in Sabre, as a state-controlled company, it enjoys some regulatory advantages. The system is used by almost all Chinese airlines as well as travel agencies, hotel chains, and other tourism companies. In addition, TravelSky Technology also offers solutions for database and information systems for airlines. In collaboration with Sabre, an innovative solution called "MRO Plus" for aircraft maintenance has been developed, which aims to increase the efficiency of maintenance processes and the availability of aircraft. This, in turn, allows airlines to improve their services and reduce costs. TravelSky Technology has also developed solutions for airports. Among other things, the company offers an airline departure control system that ensures smooth departures and timely and safe arrival of passengers at their destination. In addition to products and services for airlines and airports, TravelSky Technology has another branch in the field of electronic payment transactions. The company offers payment solutions for airlines, hotel chains, and other travel service providers and has a leading position in this market in China. Overall, TravelSky Technology has a strong market position in the Chinese travel market, as confirmed by its solid customer base in the travel industry. The company focuses on business and technological development in the aviation and tourism industry to improve its offering and strengthen its position in the market. The company is listed on the Hong Kong Stock Exchange under the ticker symbol 0696. TravelSky has experienced strong growth in recent years, driven by the rapidly growing Chinese travel industry and the increasing presence of Chinese airlines in the international market. Overall, TravelSky Technology is a very innovative company that is working to revolutionize the travel industry in China and beyond. With its comprehensive solutions and products, the company has a unique position in the market and is an important partner for many companies and airlines in China and worldwide. TravelSky Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TravelSky Technology's Return on Assets (ROA)

TravelSky Technology'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 TravelSky Technology'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 TravelSky Technology'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 TravelSky Technology’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 TravelSky Technology stock

What is the Return on Assets (ROA) of TravelSky Technology this year?

The Return on Assets (ROA) of TravelSky Technology is 0 undefined this year.

What was the ROA of TravelSky Technology compared to the previous year?

The ROA of TravelSky Technology has increased by -100% compared to the previous year.

What consequences do high ROA have for investors of TravelSky Technology?

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

What are the consequences of low ROA for investors in TravelSky Technology?

A low ROA can be unfavorable for investors of TravelSky Technology 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 TravelSky Technology affect the company?

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

How does a reduction in ROA of TravelSky Technology impact the company?

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

What are some factors that can influence the ROA of TravelSky Technology?

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

Why is the ROA of TravelSky Technology important for investors?

The ROA of TravelSky Technology 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 TravelSky Technology take to improve ROA?

To improve ROA, TravelSky Technology 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 TravelSky Technology pay?

Over the past 12 months, TravelSky Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, TravelSky Technology is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of TravelSky Technology?

The current dividend yield of TravelSky Technology is .

When does TravelSky Technology pay dividends?

TravelSky Technology pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of TravelSky Technology?

TravelSky Technology paid dividends every year for the past 23 years.

What is the dividend of TravelSky Technology?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 0.72 %.

In which sector is TravelSky Technology located?

TravelSky Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von TravelSky Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TravelSky Technology from 9/25/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did TravelSky Technology pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of TravelSky Technology in the year 2023?

In the year 2023, TravelSky Technology distributed 0.064 CNY as dividends.

In which currency does TravelSky Technology pay out the dividend?

The dividends of TravelSky Technology are distributed in CNY.

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Andere Kennzahlen von TravelSky Technology

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