What is the Return on Assets (ROA) of Xiangyang Automobile Bearing Co this year?
The Return on Assets (ROA) of Xiangyang Automobile Bearing Co is -0.02 undefined this year.
Xiangyang Automobile Bearing Co ROA 2024
Xiangyang Automobile Bearing Co ROA
-0.02
Ticker
000678.SZ
ISIN
CNE0000008Z2
In 2024, Xiangyang Automobile Bearing Co's return on assets (ROA) was -0.02, a -56.79% increase from the -0.05 ROA in the previous year.
Xiangyang Automobile Bearing Co Aktienanalyse
What does Xiangyang Automobile Bearing Co do?
Xiangyang Automobile Bearing Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Xiangyang Automobile Bearing Co's Return on Assets (ROA)
Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co stock
What was the ROA of Xiangyang Automobile Bearing Co compared to the previous year?
The ROA of Xiangyang Automobile Bearing Co has increased by -56.79% compared to the previous year.
What consequences do high ROA have for investors of Xiangyang Automobile Bearing Co?
A high ROA is advantageous for investors of Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co?
A low ROA can be unfavorable for investors of Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co affect the company?
An increase in ROA of Xiangyang Automobile Bearing Co can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Xiangyang Automobile Bearing Co impact the company?
A reduction in the ROA of Xiangyang Automobile Bearing Co can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Xiangyang Automobile Bearing Co?
Some factors that can influence the ROA of Xiangyang Automobile Bearing Co include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Xiangyang Automobile Bearing Co important for investors?
The ROA of Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co take to improve ROA?
To improve ROA, Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co pay?
Over the past 12 months, Xiangyang Automobile Bearing Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Xiangyang Automobile Bearing Co is expected to pay a dividend of 0 CNY.
What is the dividend yield of Xiangyang Automobile Bearing Co?
The current dividend yield of Xiangyang Automobile Bearing Co is .
When does Xiangyang Automobile Bearing Co pay dividends?
Xiangyang Automobile Bearing Co pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Xiangyang Automobile Bearing Co?
Xiangyang Automobile Bearing Co paid dividends every year for the past 0 years.
What is the dividend of Xiangyang Automobile Bearing Co?
For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.
In which sector is Xiangyang Automobile Bearing Co located?
Xiangyang Automobile Bearing Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Xiangyang Automobile Bearing Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Xiangyang Automobile Bearing Co from 8/11/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 8/11/2024.
When did Xiangyang Automobile Bearing Co pay the last dividend?
The last dividend was paid out on 8/11/2024.
What was the dividend of Xiangyang Automobile Bearing Co in the year 2023?
In the year 2023, Xiangyang Automobile Bearing Co distributed 0 CNY as dividends.
In which currency does Xiangyang Automobile Bearing Co pay out the dividend?
The dividends of Xiangyang Automobile Bearing Co are distributed in CNY.
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Andere Kennzahlen von Xiangyang Automobile Bearing Co
Our stock analysis for Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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