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Xinxing Ductile Iron Pipes Co - Stock

Xinxing Ductile Iron Pipes Co ROCE 2024

Xinxing Ductile Iron Pipes Co ROCE

0.04

Ticker

000778.SZ

ISIN

CNE000000QG9

In 2024, Xinxing Ductile Iron Pipes Co's return on capital employed (ROCE) was 0.04, a -44.16% increase from the 0.07 ROCE 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.

ROCE Details

Unraveling Xinxing Ductile Iron Pipes Co's Return on Capital Employed (ROCE)

Xinxing Ductile Iron Pipes Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Xinxing Ductile Iron Pipes Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Xinxing Ductile Iron Pipes Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Xinxing Ductile Iron Pipes Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Xinxing Ductile Iron Pipes Co Stock

What is the ROCE (Return on Capital Employed) of Xinxing Ductile Iron Pipes Co this year?

The ROCE of Xinxing Ductile Iron Pipes Co is 0.04 undefined this year.

How has the ROCE (Return on Capital Employed) of Xinxing Ductile Iron Pipes Co developed compared to the previous year?

The ROCE of Xinxing Ductile Iron Pipes Co has increased by -44.16% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Xinxing Ductile Iron Pipes Co?

A high Return on Capital Employed (ROCE) indicates that Xinxing Ductile Iron Pipes Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Xinxing Ductile Iron Pipes Co?

A low ROCE (Return on Capital Employed) can indicate that Xinxing Ductile Iron Pipes Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Xinxing Ductile Iron Pipes Co impact the company?

An increase in the ROCE of Xinxing Ductile Iron Pipes Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of Xinxing Ductile Iron Pipes Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Xinxing Ductile Iron Pipes Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Xinxing Ductile Iron Pipes Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Xinxing Ductile Iron Pipes Co take to improve the ROCE?

To improve the ROCE, Xinxing Ductile Iron Pipes Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 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 3.86 %.

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 7/7/2023 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.