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Xinxing Ductile Iron Pipes Co - Stock

Xinxing Ductile Iron Pipes Co Equity 2024

Xinxing Ductile Iron Pipes Co Equity

25.46 B CNY

Ticker

000778.SZ

ISIN

CNE000000QG9

In 2024, Xinxing Ductile Iron Pipes Co's equity was 25.46 B CNY, a 3.33% increase from the 24.64 B CNY equity in the previous year.

Xinxing Ductile Iron Pipes Co Aktienanalyse

What does Xinxing Ductile Iron Pipes Co do?

The Xinxing Ductile Iron Pipes Co Ltd is a Chinese company specialized in the production of cast iron pipes, and since its establishment in 1997, it has become one of the leading providers in this field. The company's history began in the Hebei province, where its founders started manufacturing cast iron pipes according to European standards. With the growing success of the company, it soon became possible to expand production on a large scale and export to other regions of China and abroad. Today, Xinxing Ductile Iron Pipes Co Ltd is an internationally active company with branches in Europe, North America, and Asia. Their business model is to manufacture and distribute high-quality and durable cast iron pipes for various applications, as well as offer innovative solutions and services in the field of water and wastewater management. The company's product range includes cast iron pipes in various sizes and lengths, as well as fittings and valves made of cast iron. These are used in both water supply and wastewater treatment. The company also addresses the growing demand for renewable energies by producing pipe systems for the wind and solar energy industries. Xinxing Ductile Iron Pipes Co Ltd relies on state-of-the-art technologies in production and continuously invests in research and development. The company places high demands on the quality and reliability of its products, subjecting them to rigorous internal control. In addition to manufacturing standard cast iron pipes, Xinxing Ductile Iron Pipes Co Ltd also offers customized solutions tailored to the needs of its customers. With its wide knowledge and extensive experience, the company can advise and support customers in selecting the appropriate pipe systems, as well as in planning and implementing projects in the water and wastewater sector. As a company that sets high standards for itself and its products, Xinxing Ductile Iron Pipes Co Ltd is also committed to environmental protection and actively promotes sustainable solutions in the water and wastewater sector. The company focuses on efficient use of resources and waste reduction. Overall, Xinxing Ductile Iron Pipes Co Ltd offers a wide range of high-quality cast iron pipes and services tailored to the needs of customers in various industries. With its long history and commitment to high-quality standards, the company has become a reliable and innovative partner in the field of water and wastewater technology. Xinxing Ductile Iron Pipes Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Xinxing Ductile Iron Pipes Co's Equity

Xinxing Ductile Iron Pipes Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Xinxing Ductile Iron Pipes Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Xinxing Ductile Iron Pipes Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Xinxing Ductile Iron Pipes Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Xinxing Ductile Iron Pipes Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Xinxing Ductile Iron Pipes Co Stock

What is the equity of Xinxing Ductile Iron Pipes Co this year?

Xinxing Ductile Iron Pipes Co has equity of 25.46 B CNY this year.

What was the equity of Xinxing Ductile Iron Pipes Co compared to the previous year?

The equity of Xinxing Ductile Iron Pipes Co has increased/decreased by 3.33% increased compared to the previous year.

What impact does a high equity have on investors of Xinxing Ductile Iron Pipes Co?

A high equity is advantageous for investors of Xinxing Ductile Iron Pipes Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Xinxing Ductile Iron Pipes Co?

A low equity can be a risk for investors of Xinxing Ductile Iron Pipes Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Xinxing Ductile Iron Pipes Co affect the company?

An increase in equity of Xinxing Ductile Iron Pipes Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Xinxing Ductile Iron Pipes Co affect the company?

A reduction in equity of Xinxing Ductile Iron Pipes Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Xinxing Ductile Iron Pipes Co?

Some factors that can affect the equity of Xinxing Ductile Iron Pipes Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Xinxing Ductile Iron Pipes Co so important for investors?

The equity of Xinxing Ductile Iron Pipes Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Xinxing Ductile Iron Pipes Co take to change the equity?

To change equity, Xinxing Ductile Iron Pipes Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Xinxing Ductile Iron Pipes Co pay?

Over the past 12 months, Xinxing Ductile Iron Pipes Co paid a dividend of 0.13 CNY . This corresponds to a dividend yield of about 3.74 %. For the coming 12 months, Xinxing Ductile Iron Pipes Co is expected to pay a dividend of 0.14 CNY.

What is the dividend yield of Xinxing Ductile Iron Pipes Co?

The current dividend yield of Xinxing Ductile Iron Pipes Co is 3.74 %.

When does Xinxing Ductile Iron Pipes Co pay dividends?

Xinxing Ductile Iron Pipes Co pays a quarterly dividend. This is distributed in the months of August, July, August, August.

How secure is the dividend of Xinxing Ductile Iron Pipes Co?

Xinxing Ductile Iron Pipes Co paid dividends every year for the past 17 years.

What is the dividend of Xinxing Ductile Iron Pipes Co?

For the upcoming 12 months, dividends amounting to 0.14 CNY are expected. This corresponds to a dividend yield of 3.9 %.

In which sector is Xinxing Ductile Iron Pipes Co located?

Xinxing Ductile Iron Pipes Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Xinxing Ductile Iron Pipes Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xinxing Ductile Iron Pipes Co from 7/7/2023 amounting to 0.13 CNY, you needed to have the stock in your portfolio before the ex-date on 7/7/2023.

When did Xinxing Ductile Iron Pipes Co pay the last dividend?

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

What was the dividend of Xinxing Ductile Iron Pipes Co in the year 2023?

In the year 2023, Xinxing Ductile Iron Pipes Co distributed 0.15 CNY as dividends.

In which currency does Xinxing Ductile Iron Pipes Co pay out the dividend?

The dividends of Xinxing Ductile Iron Pipes Co are distributed in CNY.

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Andere Kennzahlen von Xinxing Ductile Iron Pipes Co

Our stock analysis for Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.