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Xuchang Yuandong Drive Shaft Co Stock

Xuchang Yuandong Drive Shaft Co ROA 2024

Xuchang Yuandong Drive Shaft Co ROA

0.02

Ticker

002406.SZ

ISIN

CNE100000P77

In 2024, Xuchang Yuandong Drive Shaft Co's return on assets (ROA) was 0.02, a 22.3% increase from the 0.02 ROA in the previous year.

Xuchang Yuandong Drive Shaft Co Aktienanalyse

What does Xuchang Yuandong Drive Shaft Co do?

Xuchang Yuandong Drive Shaft Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Xuchang Yuandong Drive Shaft Co's Return on Assets (ROA)

Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co stock

What is the Return on Assets (ROA) of Xuchang Yuandong Drive Shaft Co this year?

The Return on Assets (ROA) of Xuchang Yuandong Drive Shaft Co is 0.02 undefined this year.

What was the ROA of Xuchang Yuandong Drive Shaft Co compared to the previous year?

The ROA of Xuchang Yuandong Drive Shaft Co has increased by 22.3% compared to the previous year.

What consequences do high ROA have for investors of Xuchang Yuandong Drive Shaft Co?

A high ROA is advantageous for investors of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co?

A low ROA can be unfavorable for investors of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co affect the company?

An increase in ROA of Xuchang Yuandong Drive Shaft Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Xuchang Yuandong Drive Shaft Co impact the company?

A reduction in the ROA of Xuchang Yuandong Drive Shaft Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Xuchang Yuandong Drive Shaft Co?

Some factors that can influence the ROA of Xuchang Yuandong Drive Shaft Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Xuchang Yuandong Drive Shaft Co important for investors?

The ROA of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co take to improve ROA?

To improve ROA, Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co pay?

Over the past 12 months, Xuchang Yuandong Drive Shaft Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 1.41 %. For the coming 12 months, Xuchang Yuandong Drive Shaft Co is expected to pay a dividend of 0.1 CNY.

What is the dividend yield of Xuchang Yuandong Drive Shaft Co?

The current dividend yield of Xuchang Yuandong Drive Shaft Co is 1.41 %.

When does Xuchang Yuandong Drive Shaft Co pay dividends?

Xuchang Yuandong Drive Shaft Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Xuchang Yuandong Drive Shaft Co?

Xuchang Yuandong Drive Shaft Co paid dividends every year for the past 14 years.

What is the dividend of Xuchang Yuandong Drive Shaft Co?

For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 1.41 %.

In which sector is Xuchang Yuandong Drive Shaft Co located?

Xuchang Yuandong Drive Shaft Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Xuchang Yuandong Drive Shaft Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xuchang Yuandong Drive Shaft Co from 7/9/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Xuchang Yuandong Drive Shaft Co pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Xuchang Yuandong Drive Shaft Co in the year 2023?

In the year 2023, Xuchang Yuandong Drive Shaft Co distributed 0.08 CNY as dividends.

In which currency does Xuchang Yuandong Drive Shaft Co pay out the dividend?

The dividends of Xuchang Yuandong Drive Shaft Co are distributed in CNY.

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Andere Kennzahlen von Xuchang Yuandong Drive Shaft Co

Our stock analysis for Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.