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Xining Special Steel Co Stock

Xining Special Steel Co ROA 2024

Xining Special Steel Co ROA

0.12

Ticker

600117.SS

ISIN

CNE000000TF5

In 2024, Xining Special Steel Co's return on assets (ROA) was 0.12, a -275.77% increase from the -0.07 ROA in the previous year.

Xining Special Steel Co Aktienanalyse

What does Xining Special Steel Co do?

Xining Special Steel Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Xining Special Steel Co's Return on Assets (ROA)

Xining Special Steel 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 Xining Special Steel 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 Xining Special Steel 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 Xining Special Steel 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 Xining Special Steel Co stock

What is the Return on Assets (ROA) of Xining Special Steel Co this year?

The Return on Assets (ROA) of Xining Special Steel Co is 0.12 undefined this year.

What was the ROA of Xining Special Steel Co compared to the previous year?

The ROA of Xining Special Steel Co has increased by -275.77% compared to the previous year.

What consequences do high ROA have for investors of Xining Special Steel Co?

A high ROA is advantageous for investors of Xining Special Steel 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 Xining Special Steel Co?

A low ROA can be unfavorable for investors of Xining Special Steel 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 Xining Special Steel Co affect the company?

An increase in ROA of Xining Special Steel Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Xining Special Steel Co impact the company?

A reduction in the ROA of Xining Special Steel Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Xining Special Steel Co?

Some factors that can influence the ROA of Xining Special Steel Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Xining Special Steel Co important for investors?

The ROA of Xining Special Steel 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 Xining Special Steel Co take to improve ROA?

To improve ROA, Xining Special Steel 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 Xining Special Steel Co pay?

Over the past 12 months, Xining Special Steel Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 0.65 %. For the coming 12 months, Xining Special Steel Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Xining Special Steel Co?

The current dividend yield of Xining Special Steel Co is 0.65 %.

When does Xining Special Steel Co pay dividends?

Xining Special Steel Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Xining Special Steel Co?

Xining Special Steel Co paid dividends every year for the past 0 years.

What is the dividend of Xining Special Steel 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 Xining Special Steel Co located?

Xining Special Steel Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Xining Special Steel Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xining Special Steel Co from 6/21/2013 amounting to 0.013 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2013.

When did Xining Special Steel Co pay the last dividend?

The last dividend was paid out on 6/21/2013.

What was the dividend of Xining Special Steel Co in the year 2023?

In the year 2023, Xining Special Steel Co distributed 0 CNY as dividends.

In which currency does Xining Special Steel Co pay out the dividend?

The dividends of Xining Special Steel Co are distributed in CNY.

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Andere Kennzahlen von Xining Special Steel Co

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