RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Wuchan Zhongda Group Co ROA 2024

Wuchan Zhongda Group Co ROA

0.02

Wuchan Zhongda Group Co Dividend yield

3.08 %

Ticker

600704.SS

ISIN

CNE000000KF4

In 2024, Wuchan Zhongda Group Co's return on assets (ROA) was 0.02, a -19.68% increase from the 0.03 ROA in the previous year.

Wuchan Zhongda Group Co Aktienanalyse

What does Wuchan Zhongda Group Co do?

The Wuchan Zhongda Group Co Ltd was founded in 1999 by the industrialist Zhang Jian. Mr. Jian had already had a successful career in the textile industry and decided to invest his knowledge and experience in the establishment of Wuchan Zhongda Group Co Ltd. The company's business model is diverse and encompasses a variety of industries. The company has its roots in textile production, but today it is involved in many other segments of the economy, including construction, energy, environmental management, real estate development, and trade. The company is a vertically integrated full-service provider, offering a wide range of products and services to its customers. It owns production facilities, logistics facilities, and distribution channels in China and abroad. However, the core of the business model is still textile production. The company produces a variety of products, including fabrics, clothing, shoes, and accessories. It is known for its high-quality products and advanced technology. The company also has a strong presence in the construction sector. It is a major supplier of building materials and also constructs buildings itself. Its portfolio includes residential, commercial, and industrial properties. The company specializes in the construction of eco-friendly buildings and works on renewable projects. The energy sector is another area of activity. The company is capable of coordinating energy efficiency projects and has also been working on the development of renewable energy sources for some time. Environmental management is another important business field. The company has strong competence in waste management and recycling. It also actively works on the development of waste disposal technologies and aims to promote sustainable and environmentally-friendly production. In trade, the company has a strong presence in both retail and wholesale. It imports and exports a variety of products, including textiles, food, and electronics. Its goal is to offer customers worldwide the best products at a competitive price. The products manufactured by Wuchan Zhongda Group Co Ltd are of high quality and are appreciated both in China and abroad. The company strives to constantly expand its range and meet the needs of its customers. Overall, Wuchan Zhongda Group Co Ltd is a well-established and successful company specialized in a wide range of business areas. The company has made a name for itself through its high-quality products, advanced technology, and commitment to environmental protection and sustainability. Wuchan Zhongda Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Wuchan Zhongda Group Co's Return on Assets (ROA)

Wuchan Zhongda Group Co'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 Wuchan Zhongda Group Co'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 Wuchan Zhongda Group Co'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 Wuchan Zhongda Group Co’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 Wuchan Zhongda Group Co Stock

What is the Return on Assets (ROA) of Wuchan Zhongda Group Co this year?

The Return on Assets (ROA) of Wuchan Zhongda Group Co is 0.02 undefined this year.

What was the ROA of Wuchan Zhongda Group Co compared to the previous year?

The ROA of Wuchan Zhongda Group Co has increased by -19.68% compared to the previous year.

What consequences do high ROA have for investors of Wuchan Zhongda Group Co?

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

What are the consequences of low ROA for investors in Wuchan Zhongda Group Co?

A low ROA can be unfavorable for investors of Wuchan Zhongda Group Co 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 Wuchan Zhongda Group Co affect the company?

An increase in ROA of Wuchan Zhongda Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Wuchan Zhongda Group Co impact the company?

A reduction in the ROA of Wuchan Zhongda Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Wuchan Zhongda Group Co?

Some factors that can influence the ROA of Wuchan Zhongda Group Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Wuchan Zhongda Group Co important for investors?

The ROA of Wuchan Zhongda Group Co 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 Wuchan Zhongda Group Co take to improve ROA?

To improve ROA, Wuchan Zhongda Group Co 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 Wuchan Zhongda Group Co pay?

Over the past 12 months, Wuchan Zhongda Group Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 3.08 %. For the coming 12 months, Wuchan Zhongda Group Co is expected to pay a dividend of 0.16 CNY.

What is the dividend yield of Wuchan Zhongda Group Co?

The current dividend yield of Wuchan Zhongda Group Co is 3.08 %.

When does Wuchan Zhongda Group Co pay dividends?

Wuchan Zhongda Group Co pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of Wuchan Zhongda Group Co?

Wuchan Zhongda Group Co paid dividends every year for the past 21 years.

What is the dividend of Wuchan Zhongda Group Co?

For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 3.34 %.

In which sector is Wuchan Zhongda Group Co located?

Wuchan Zhongda Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Wuchan Zhongda Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wuchan Zhongda Group Co from 7/6/2023 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 7/6/2023.

When did Wuchan Zhongda Group Co pay the last dividend?

The last dividend was paid out on 7/6/2023.

What was the dividend of Wuchan Zhongda Group Co in the year 2023?

In the year 2023, Wuchan Zhongda Group Co distributed 0.16 CNY as dividends.

In which currency does Wuchan Zhongda Group Co pay out the dividend?

The dividends of Wuchan Zhongda Group Co are distributed in CNY.

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Andere Kennzahlen von Wuchan Zhongda Group Co

Our stock analysis for Wuchan Zhongda Group Co 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 Wuchan Zhongda Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.