What is the ROE (Return on Equity) of WiMi Hologram Cloud this year?
The ROE of WiMi Hologram Cloud this year is -0.56 undefined.
In 2024, WiMi Hologram Cloud's return on equity (ROE) was -0.56, a 64.43% increase from the -0.34 ROE in the previous year.
WiMi Hologram Cloud'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 WiMi Hologram Cloud'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.
WiMi Hologram Cloud'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 WiMi Hologram Cloud’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 WiMi Hologram Cloud this year is -0.56 undefined.
The ROE of WiMi Hologram Cloud has increased by 64.43% increased compared to the previous year.
A high ROE indicates that WiMi Hologram Cloud 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 WiMi Hologram Cloud is having difficulties monetizing its investments successfully and can be a negative signal for investors.
A change in ROE (Return on Equity) of WiMi Hologram Cloud 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 WiMi Hologram Cloud'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, WiMi Hologram Cloud paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, WiMi Hologram Cloud is expected to pay a dividend of 0 CNY.
The current dividend yield of WiMi Hologram Cloud is .
WiMi Hologram Cloud pays a quarterly dividend. This is distributed in the months of .
WiMi Hologram Cloud paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.
WiMi Hologram Cloud is assigned to the 'Communication' sector.
To receive the latest dividend of WiMi Hologram Cloud from 12/21/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 12/21/2024.
The last dividend was paid out on 12/21/2024.
In the year 2023, WiMi Hologram Cloud distributed 0 CNY as dividends.
The dividends of WiMi Hologram Cloud are distributed in CNY.
Our stock analysis for WiMi Hologram Cloud 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 WiMi Hologram Cloud Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.