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Wong Fong Industries Stock

Wong Fong Industries ROA 2024

Wong Fong Industries ROA

0.05

Ticker

1A1.SI

ISIN

SG1DA6000004

In 2024, Wong Fong Industries's return on assets (ROA) was 0.05, a 90.51% increase from the 0.02 ROA in the previous year.

Wong Fong Industries Aktienanalyse

What does Wong Fong Industries do?

Wong Fong Industries Ltd is a renowned company based in Singapore. It was established in the 1960s as a small construction company specializing in crane rental. Over the years, the company has become one of the leading providers of technical equipment and machinery in Asia. Today, Wong Fong Industries Ltd operates in various industries and offers a wide range of products and services. Wong Fong Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Wong Fong Industries's Return on Assets (ROA)

Wong Fong Industries'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 Wong Fong Industries'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 Wong Fong Industries'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 Wong Fong Industries’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 Wong Fong Industries stock

What is the Return on Assets (ROA) of Wong Fong Industries this year?

The Return on Assets (ROA) of Wong Fong Industries is 0.05 undefined this year.

What was the ROA of Wong Fong Industries compared to the previous year?

The ROA of Wong Fong Industries has increased by 90.51% compared to the previous year.

What consequences do high ROA have for investors of Wong Fong Industries?

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

What are the consequences of low ROA for investors in Wong Fong Industries?

A low ROA can be unfavorable for investors of Wong Fong Industries 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 Wong Fong Industries affect the company?

An increase in ROA of Wong Fong Industries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Wong Fong Industries impact the company?

A reduction in the ROA of Wong Fong Industries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Wong Fong Industries?

Some factors that can influence the ROA of Wong Fong Industries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Wong Fong Industries important for investors?

The ROA of Wong Fong Industries 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 Wong Fong Industries take to improve ROA?

To improve ROA, Wong Fong Industries 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 Wong Fong Industries pay?

Over the past 12 months, Wong Fong Industries paid a dividend of 0.01 SGD . This corresponds to a dividend yield of about 4.51 %. For the coming 12 months, Wong Fong Industries is expected to pay a dividend of 0.01 SGD.

What is the dividend yield of Wong Fong Industries?

The current dividend yield of Wong Fong Industries is 4.51 %.

When does Wong Fong Industries pay dividends?

Wong Fong Industries pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Wong Fong Industries?

Wong Fong Industries paid dividends every year for the past 7 years.

What is the dividend of Wong Fong Industries?

For the upcoming 12 months, dividends amounting to 0.01 SGD are expected. This corresponds to a dividend yield of 4.51 %.

In which sector is Wong Fong Industries located?

Wong Fong Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Wong Fong Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wong Fong Industries from 5/30/2024 amounting to 0.006 SGD, you needed to have the stock in your portfolio before the ex-date on 5/8/2024.

When did Wong Fong Industries pay the last dividend?

The last dividend was paid out on 5/30/2024.

What was the dividend of Wong Fong Industries in the year 2023?

In the year 2023, Wong Fong Industries distributed 0.008 SGD as dividends.

In which currency does Wong Fong Industries pay out the dividend?

The dividends of Wong Fong Industries are distributed in SGD.

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Andere Kennzahlen von Wong Fong Industries

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