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Yantai Zhenghai Magnetic Material Co Stock

Yantai Zhenghai Magnetic Material Co ROA 2024

Yantai Zhenghai Magnetic Material Co ROA

0.05

Ticker

300224.SZ

ISIN

CNE100001385

In 2024, Yantai Zhenghai Magnetic Material Co's return on assets (ROA) was 0.05, a 17.4% increase from the 0.05 ROA in the previous year.

Yantai Zhenghai Magnetic Material Co Aktienanalyse

What does Yantai Zhenghai Magnetic Material Co do?

Yantai Zhenghai Magnetic Material Co Ltd is a Chinese company specializing in the production of various types of magnetic materials. The company was founded in 1998 and is headquartered in the city of Yantai in Shandong province. Initially, the company mainly focused on the production of ferrite magnetic materials, which are mainly used in the electronics industry. However, over the years, Yantai Zhenghai expanded its business scope and also began to manufacture magnets made of NdFeB (neodymium iron boron), one of the strongest permanent magnetic materials. As an innovative company, Yantai Zhenghai places great importance on quality and research. The company has advanced production facilities and a strong R&D team dedicated to the development of new products and the improvement of production processes. Today, Yantai Zhenghai has grown into a major manufacturer of magnets and magnetic materials, serving customers from various industries such as automotive, consumer goods, medical, and electronics. The company's products are used in numerous applications such as speakers, electric motors, generators, sensors, and switches. Yantai Zhenghai's business model is customer-oriented, focusing on providing high-quality products and excellent customer service. The company works closely with its customers to understand their specific needs and requirements, offering them the best solutions. The company operates two factories in China, with a total production area of over 30,000 square meters and employing over 500 employees. The factories are ISO 9001 and ISO/TS 16949 certified, meeting the highest international standards. Yantai Zhenghai offers a wide range of magnet products, including ferrite magnet blocks, ring-shaped magnets, half magnets, needle magnets, ceramic magnets, NdFeB magnets, and SmCo magnets. All magnets are available in various sizes and shapes and can be customized according to customer specifications. In addition, Yantai Zhenghai also offers magnetic assemblies and components, consisting of a combination of magnets, metals, and plastics, which can be used for a variety of applications. The magnetic assemblies are configured and manufactured according to customer requirements. Yantai Zhenghai's products and services are focused on ensuring the highest customer satisfaction and quality. In summary, Yantai Zhenghai Magnetic Material Co Ltd holds a leading position in the magnet industry, characterized by quality, innovation, and customer value. With a strong focus on research and development, state-of-the-art production technology, and comprehensive customer service, Yantai Zhenghai has solidified its position as a reputable magnet manufacturer and will continue to be successful in the future. Yantai Zhenghai Magnetic Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Yantai Zhenghai Magnetic Material Co's Return on Assets (ROA)

Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co stock

What is the Return on Assets (ROA) of Yantai Zhenghai Magnetic Material Co this year?

The Return on Assets (ROA) of Yantai Zhenghai Magnetic Material Co is 0.05 undefined this year.

What was the ROA of Yantai Zhenghai Magnetic Material Co compared to the previous year?

The ROA of Yantai Zhenghai Magnetic Material Co has increased by 17.4% compared to the previous year.

What consequences do high ROA have for investors of Yantai Zhenghai Magnetic Material Co?

A high ROA is advantageous for investors of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co?

A low ROA can be unfavorable for investors of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co affect the company?

An increase in ROA of Yantai Zhenghai Magnetic Material Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Yantai Zhenghai Magnetic Material Co impact the company?

A reduction in the ROA of Yantai Zhenghai Magnetic Material Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Yantai Zhenghai Magnetic Material Co?

Some factors that can influence the ROA of Yantai Zhenghai Magnetic Material Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Yantai Zhenghai Magnetic Material Co important for investors?

The ROA of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co take to improve ROA?

To improve ROA, Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co pay?

Over the past 12 months, Yantai Zhenghai Magnetic Material Co paid a dividend of 0.2 CNY . This corresponds to a dividend yield of about 1.89 %. For the coming 12 months, Yantai Zhenghai Magnetic Material Co is expected to pay a dividend of 0.2 CNY.

What is the dividend yield of Yantai Zhenghai Magnetic Material Co?

The current dividend yield of Yantai Zhenghai Magnetic Material Co is 1.89 %.

When does Yantai Zhenghai Magnetic Material Co pay dividends?

Yantai Zhenghai Magnetic Material Co pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Yantai Zhenghai Magnetic Material Co?

Yantai Zhenghai Magnetic Material Co paid dividends every year for the past 4 years.

What is the dividend of Yantai Zhenghai Magnetic Material Co?

For the upcoming 12 months, dividends amounting to 0.2 CNY are expected. This corresponds to a dividend yield of 1.9 %.

In which sector is Yantai Zhenghai Magnetic Material Co located?

Yantai Zhenghai Magnetic Material Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Yantai Zhenghai Magnetic Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Yantai Zhenghai Magnetic Material Co from 4/26/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Yantai Zhenghai Magnetic Material Co pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Yantai Zhenghai Magnetic Material Co in the year 2023?

In the year 2023, Yantai Zhenghai Magnetic Material Co distributed 0 CNY as dividends.

In which currency does Yantai Zhenghai Magnetic Material Co pay out the dividend?

The dividends of Yantai Zhenghai Magnetic Material Co are distributed in CNY.

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Andere Kennzahlen von Yantai Zhenghai Magnetic Material Co

Our stock analysis for Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.