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Xinxing Ductile Iron Pipes Co Stock

Xinxing Ductile Iron Pipes Co ROE 2024

Xinxing Ductile Iron Pipes Co ROE

0.05

Ticker

000778.SZ

ISIN

CNE000000QG9

In 2024, Xinxing Ductile Iron Pipes Co's return on equity (ROE) was 0.05, a -21.99% increase from the 0.07 ROE 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.

ROE Details

Decoding Xinxing Ductile Iron Pipes Co's Return on Equity (ROE)

Xinxing Ductile Iron Pipes Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Xinxing Ductile Iron Pipes Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Xinxing Ductile Iron Pipes Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Xinxing Ductile Iron Pipes Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Xinxing Ductile Iron Pipes Co stock

What is the ROE (Return on Equity) of Xinxing Ductile Iron Pipes Co this year?

The ROE of Xinxing Ductile Iron Pipes Co this year is 0.05 undefined.

How has the Return on Equity (ROE) of Xinxing Ductile Iron Pipes Co developed compared to the previous year?

The ROE of Xinxing Ductile Iron Pipes Co has increased by -21.99% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Xinxing Ductile Iron Pipes Co?

A high ROE indicates that Xinxing Ductile Iron Pipes Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Xinxing Ductile Iron Pipes Co?

A low ROE can indicate that Xinxing Ductile Iron Pipes Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Xinxing Ductile Iron Pipes Co affect the company?

A change in ROE (Return on Equity) of Xinxing Ductile Iron Pipes Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Xinxing Ductile Iron Pipes Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Xinxing Ductile Iron Pipes Co?

Some factors that can influence Xinxing Ductile Iron Pipes Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 3.69 %. 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 3.69 %.

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 July, August, 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 3.86 %.

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 7/12/2024 amounting to 0.06 CNY, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

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

The last dividend was paid out on 7/12/2024.

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.