Truking Technology Stock

Truking Technology ROE 2024

Truking Technology ROE

0.07

Ticker

300358.SZ

ISIN

CNE100001R41

In 2024, Truking Technology's return on equity (ROE) was 0.07, a -50.11% increase from the 0.13 ROE in the previous year.

Truking Technology Aktienanalyse

What does Truking Technology do?

Truking Technology Ltd is a leading company in the Chinese pharmaceutical industry based in Wenzhou. It was founded in 1997 and started as a small company manufacturing pumps for the pharmaceutical industry. Truking is now a global company with subsidiaries in various countries, offering a wide range of products and solutions for pharmaceutical manufacturers worldwide. The business model of Truking is focused on the needs of the pharmaceutical industry. The company provides a wide range of solutions for the production of pharmaceutical products such as liquids, powders, and tablets. The goal of the company is to optimize its customers' processes and reduce costs by offering innovative equipment and advanced technology. Truking has three main divisions: pharmaceutical equipment, medical technology, and laboratory technology. In pharmaceutical equipment, the company produces a wide range of pumps, valves, tanks, agitators, and filters. These products are essential for the production of pharmaceutical preparations and formulations. Truking's medical technology division offers solutions for clinical diagnostics, including medical imaging and diagnostic devices. The laboratory technology division, on the other hand, produces equipment for research purposes in the pharmaceutical industry, including laboratory reactors, chromatography systems, and automation solutions. Truking has earned a reputation for high quality and reliability in the industry. The company manufactures products according to international standards such as ISO, FDA, and GMP. Truking's production facilities are equipped with state-of-the-art facilities and technologies to ensure that the products meet the highest standards. Truking's product range includes a variety of pumps that meet different customer requirements. The peristaltic pump is very popular due to its high dosing accuracy. It is ideal for sensitive media and for uniform dosing of liquids and powders. The centrifugal pump, on the other hand, is well-suited for the conveyance of corrosive and abrasive fluids, as it is robust and durable. The rotary vane pump, hose pump, and diaphragm pump are also part of the product range, as well as agitators, filters, valves, and specialty equipment. Truking Technology Ltd has become one of the leading companies in the pharmaceutical equipment industry. With its wide range of products and solutions for pharmaceutical production, the company has a firm position in the global market. It is committed to meeting its customers' requirements and supporting them in optimizing their processes to gain a competitive advantage in the market. Truking Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Truking Technology's Return on Equity (ROE)

Truking Technology'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.

Year-to-Year Comparison

Analyzing Truking Technology'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.

Impact on Investments

Truking Technology'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.

Interpreting ROE Fluctuations

Changes in Truking Technology’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.

Frequently Asked Questions about Truking Technology stock

What is the ROE (Return on Equity) of Truking Technology this year?

The ROE of Truking Technology this year is 0.07 undefined.

How has the Return on Equity (ROE) of Truking Technology developed compared to the previous year?

The ROE of Truking Technology has increased by -50.11% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Truking Technology?

A high ROE indicates that Truking Technology generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Truking Technology?

A low ROE can indicate that Truking Technology is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Truking Technology affect the company?

A change in ROE (Return on Equity) of Truking Technology 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.

How to calculate the ROE (Return on Equity) of Truking Technology?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Truking Technology?

Some factors that can influence Truking Technology's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

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.

How much dividend does Truking Technology pay?

Over the past 12 months, Truking Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Truking Technology is expected to pay a dividend of 0.11 CNY.

What is the dividend yield of Truking Technology?

The current dividend yield of Truking Technology is .

When does Truking Technology pay dividends?

Truking Technology pays a quarterly dividend. This is distributed in the months of June, June, August, August.

How secure is the dividend of Truking Technology?

Truking Technology paid dividends every year for the past 8 years.

What is the dividend of Truking Technology?

For the upcoming 12 months, dividends amounting to 0.11 CNY are expected. This corresponds to a dividend yield of 1.34 %.

In which sector is Truking Technology located?

Truking Technology is assigned to the 'Health' sector.

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

To receive the latest dividend of Truking Technology from 7/18/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.

When did Truking Technology pay the last dividend?

The last dividend was paid out on 7/18/2024.

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

In the year 2023, Truking Technology distributed 0.12 CNY as dividends.

In which currency does Truking Technology pay out the dividend?

The dividends of Truking Technology are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Truking Technology

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