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Yongjin Technology Group Co Stock

Yongjin Technology Group Co ROA 2024

Yongjin Technology Group Co ROA

0.04

Ticker

603995.SS

ISIN

CNE100005X56

In 2024, Yongjin Technology Group Co's return on assets (ROA) was 0.04, a -21.93% increase from the 0.05 ROA in the previous year.

Yongjin Technology Group Co Aktienanalyse

What does Yongjin Technology Group Co do?

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ROA Details

Understanding Yongjin Technology Group Co's Return on Assets (ROA)

Yongjin Technology Group 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 Yongjin Technology Group 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 Yongjin Technology Group 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 Yongjin Technology Group 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 Yongjin Technology Group Co stock

What is the Return on Assets (ROA) of Yongjin Technology Group Co this year?

The Return on Assets (ROA) of Yongjin Technology Group Co is 0.04 undefined this year.

What was the ROA of Yongjin Technology Group Co compared to the previous year?

The ROA of Yongjin Technology Group Co has increased by -21.93% compared to the previous year.

What consequences do high ROA have for investors of Yongjin Technology Group Co?

A high ROA is advantageous for investors of Yongjin Technology Group 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 Yongjin Technology Group Co?

A low ROA can be unfavorable for investors of Yongjin Technology Group 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 Yongjin Technology Group Co affect the company?

An increase in ROA of Yongjin Technology Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Yongjin Technology Group Co impact the company?

A reduction in the ROA of Yongjin Technology Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Yongjin Technology Group Co?

Some factors that can influence the ROA of Yongjin Technology Group Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Yongjin Technology Group Co important for investors?

The ROA of Yongjin Technology Group 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 Yongjin Technology Group Co take to improve ROA?

To improve ROA, Yongjin Technology Group 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 Yongjin Technology Group Co pay?

Over the past 12 months, Yongjin Technology Group Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 2.68 %. For the coming 12 months, Yongjin Technology Group Co is expected to pay a dividend of 0.54 CNY.

What is the dividend yield of Yongjin Technology Group Co?

The current dividend yield of Yongjin Technology Group Co is 2.68 %.

When does Yongjin Technology Group Co pay dividends?

Yongjin Technology Group Co pays a quarterly dividend. This is distributed in the months of July, June, August, July.

How secure is the dividend of Yongjin Technology Group Co?

Yongjin Technology Group Co paid dividends every year for the past 7 years.

What is the dividend of Yongjin Technology Group Co?

For the upcoming 12 months, dividends amounting to 0.54 CNY are expected. This corresponds to a dividend yield of 2.88 %.

In which sector is Yongjin Technology Group Co located?

Yongjin Technology Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Yongjin Technology Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Yongjin Technology Group Co from 6/5/2024 amounting to 0.5 CNY, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Yongjin Technology Group Co pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Yongjin Technology Group Co in the year 2023?

In the year 2023, Yongjin Technology Group Co distributed 0.552 CNY as dividends.

In which currency does Yongjin Technology Group Co pay out the dividend?

The dividends of Yongjin Technology Group Co are distributed in CNY.

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Andere Kennzahlen von Yongjin Technology Group Co

Our stock analysis for Yongjin Technology Group 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 Yongjin Technology Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.