Xiamen Hongxin Electronics Technology Group Stock

Xiamen Hongxin Electronics Technology Group ROA 2024

Xiamen Hongxin Electronics Technology Group ROA

-0.08

Ticker

300657.SZ

ISIN

CNE100002NW8

In 2024, Xiamen Hongxin Electronics Technology Group's return on assets (ROA) was -0.08, a 24.05% increase from the -0.06 ROA in the previous year.

Xiamen Hongxin Electronics Technology Group Aktienanalyse

What does Xiamen Hongxin Electronics Technology Group do?

Xiamen Hongxin Electronics Technology Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Xiamen Hongxin Electronics Technology Group's Return on Assets (ROA)

Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group’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 Xiamen Hongxin Electronics Technology Group stock

What is the Return on Assets (ROA) of Xiamen Hongxin Electronics Technology Group this year?

The Return on Assets (ROA) of Xiamen Hongxin Electronics Technology Group is -0.08 undefined this year.

What was the ROA of Xiamen Hongxin Electronics Technology Group compared to the previous year?

The ROA of Xiamen Hongxin Electronics Technology Group has increased by 24.05% compared to the previous year.

What consequences do high ROA have for investors of Xiamen Hongxin Electronics Technology Group?

A high ROA is advantageous for investors of Xiamen Hongxin Electronics Technology Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Xiamen Hongxin Electronics Technology Group?

A low ROA can be unfavorable for investors of Xiamen Hongxin Electronics Technology Group 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 Xiamen Hongxin Electronics Technology Group affect the company?

An increase in ROA of Xiamen Hongxin Electronics Technology Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Xiamen Hongxin Electronics Technology Group impact the company?

A reduction in the ROA of Xiamen Hongxin Electronics Technology Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Xiamen Hongxin Electronics Technology Group?

Some factors that can influence the ROA of Xiamen Hongxin Electronics Technology Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Xiamen Hongxin Electronics Technology Group important for investors?

The ROA of Xiamen Hongxin Electronics Technology Group 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 Xiamen Hongxin Electronics Technology Group take to improve ROA?

To improve ROA, Xiamen Hongxin Electronics Technology Group 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 Xiamen Hongxin Electronics Technology Group pay?

Over the past 12 months, Xiamen Hongxin Electronics Technology Group paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.29 %. For the coming 12 months, Xiamen Hongxin Electronics Technology Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of Xiamen Hongxin Electronics Technology Group?

The current dividend yield of Xiamen Hongxin Electronics Technology Group is 0.29 %.

When does Xiamen Hongxin Electronics Technology Group pay dividends?

Xiamen Hongxin Electronics Technology Group pays a quarterly dividend. This is distributed in the months of July, May, June, August.

How secure is the dividend of Xiamen Hongxin Electronics Technology Group?

Xiamen Hongxin Electronics Technology Group paid dividends every year for the past 3 years.

What is the dividend of Xiamen Hongxin Electronics Technology Group?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Xiamen Hongxin Electronics Technology Group located?

Xiamen Hongxin Electronics Technology Group is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Xiamen Hongxin Electronics Technology Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xiamen Hongxin Electronics Technology Group from 7/13/2021 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2021.

When did Xiamen Hongxin Electronics Technology Group pay the last dividend?

The last dividend was paid out on 7/13/2021.

What was the dividend of Xiamen Hongxin Electronics Technology Group in the year 2023?

In the year 2023, Xiamen Hongxin Electronics Technology Group distributed 0 CNY as dividends.

In which currency does Xiamen Hongxin Electronics Technology Group pay out the dividend?

The dividends of Xiamen Hongxin Electronics Technology Group are distributed in CNY.

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