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Wenzhou Hongfeng Electrical Alloy Co Stock

Wenzhou Hongfeng Electrical Alloy Co ROCE 2024

Wenzhou Hongfeng Electrical Alloy Co ROCE

-0.01

Ticker

300283.SZ

ISIN

CNE100001F86

In 2024, Wenzhou Hongfeng Electrical Alloy Co's return on capital employed (ROCE) was -0.01, a -118.27% increase from the 0.07 ROCE in the previous year.

Wenzhou Hongfeng Electrical Alloy Co Aktienanalyse

What does Wenzhou Hongfeng Electrical Alloy Co do?

Wenzhou Hongfeng Electrical Alloy Co Ltd is a Chinese company that was founded in 2003. The main area of its business model is the manufacturing of electrical alloys and related products. Since its inception, the company has become a major provider of electrical alloy materials and high-quality products in this field. The company's history began in 2003 when a group of enthusiasts from the Wenzhou region decided to start their own company. The idea was to produce electrical alloys that would meet the market's demand for high-quality and high-performance materials. To implement this plan, a factory was established in Wenzhou, Zhejiang Province. Wenzhou Hongfeng Electrical Alloy Co Ltd's business model is focused on the manufacturing of electrical alloy materials and related products. The company is one of the leading manufacturers of alloys in China, offering a wide range of products tailored to the needs of customers. The various sectors in which the company operates include nickel-chrome alloys, rebuilding alloys, resistance wire, and special alloys. All of these products are specially designed to provide high performance and durability. The company also offers customized solutions for customers with specific requirements. Nickel-chrome alloys are the main product of Wenzhou Hongfeng Electrical Alloy Co Ltd. These alloys are primarily used in heating applications. The company produces a wide range of alloys with different properties such as corrosion resistance, heat resistance, and electrical conductivity. These alloys are used in various heating systems, such as ovens, heating plates, and heat treatment facilities. Rebuilding alloys are mainly used in cutting tools and molding tools. These alloys are characterized by their high hardness, wear resistance, and corrosion resistance. They are used in the construction and manufacturing of cutting tools, molds, and stamping tools. Resistance wire is another key product of Wenzhou Hongfeng Electrical Alloy Co Ltd. It is a special type of wire that has high electrical resistance values. This wire is used in various electrical applications, such as heating elements, resistance brakes, and heating devices. Special alloys are materials that have been specifically developed for certain applications. They are used in the aerospace and automotive industries. These alloys are characterized by their high strength, corrosion resistance, and durability, offering excellent performance properties. In summary, Wenzhou Hongfeng Electrical Alloy Co Ltd is a leading provider of electrical alloy materials and products. The company offers a wide range of products and solutions, known for its high quality and performance. Through its innovative technologies and advanced production processes, the company has established itself as a major player in the alloy industry. Wenzhou Hongfeng Electrical Alloy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Wenzhou Hongfeng Electrical Alloy Co's Return on Capital Employed (ROCE)

Wenzhou Hongfeng Electrical Alloy Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Wenzhou Hongfeng Electrical Alloy Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Wenzhou Hongfeng Electrical Alloy Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Wenzhou Hongfeng Electrical Alloy Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Wenzhou Hongfeng Electrical Alloy Co stock

What is the ROCE (Return on Capital Employed) of Wenzhou Hongfeng Electrical Alloy Co this year?

The ROCE of Wenzhou Hongfeng Electrical Alloy Co is -0.01 undefined this year.

How has the ROCE (Return on Capital Employed) of Wenzhou Hongfeng Electrical Alloy Co developed compared to the previous year?

The ROCE of Wenzhou Hongfeng Electrical Alloy Co has increased by -118.27% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Wenzhou Hongfeng Electrical Alloy Co?

A high Return on Capital Employed (ROCE) indicates that Wenzhou Hongfeng Electrical Alloy Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Wenzhou Hongfeng Electrical Alloy Co?

A low ROCE (Return on Capital Employed) can indicate that Wenzhou Hongfeng Electrical Alloy Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Wenzhou Hongfeng Electrical Alloy Co impact the company?

An increase in the ROCE of Wenzhou Hongfeng Electrical Alloy Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Wenzhou Hongfeng Electrical Alloy Co affect the company?

A decrease in ROCE of Wenzhou Hongfeng Electrical Alloy Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Wenzhou Hongfeng Electrical Alloy Co?

Some factors that can affect Wenzhou Hongfeng Electrical Alloy Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Wenzhou Hongfeng Electrical Alloy Co so important for investors?

The ROCE of Wenzhou Hongfeng Electrical Alloy Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Wenzhou Hongfeng Electrical Alloy Co take to improve the ROCE?

To improve the ROCE, Wenzhou Hongfeng Electrical Alloy Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Wenzhou Hongfeng Electrical Alloy Co pay?

Over the past 12 months, Wenzhou Hongfeng Electrical Alloy Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Wenzhou Hongfeng Electrical Alloy Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Wenzhou Hongfeng Electrical Alloy Co?

The current dividend yield of Wenzhou Hongfeng Electrical Alloy Co is 0.53 %.

When does Wenzhou Hongfeng Electrical Alloy Co pay dividends?

Wenzhou Hongfeng Electrical Alloy Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

Wenzhou Hongfeng Electrical Alloy Co paid dividends every year for the past 12 years.

What is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Wenzhou Hongfeng Electrical Alloy Co located?

Wenzhou Hongfeng Electrical Alloy Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Wenzhou Hongfeng Electrical Alloy Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wenzhou Hongfeng Electrical Alloy Co from 6/18/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Wenzhou Hongfeng Electrical Alloy Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Wenzhou Hongfeng Electrical Alloy Co in the year 2023?

In the year 2023, Wenzhou Hongfeng Electrical Alloy Co distributed 0.04 CNY as dividends.

In which currency does Wenzhou Hongfeng Electrical Alloy Co pay out the dividend?

The dividends of Wenzhou Hongfeng Electrical Alloy Co are distributed in CNY.

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Andere Kennzahlen von Wenzhou Hongfeng Electrical Alloy Co

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