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Zhejiang Canaan Technology Stock

Zhejiang Canaan Technology ROCE 2024

Zhejiang Canaan Technology ROCE

-0.02

Ticker

300412.SZ

ISIN

CNE100001Y75

In 2024, Zhejiang Canaan Technology's return on capital employed (ROCE) was -0.02, a -54.43% increase from the -0.05 ROCE in the previous year.

Zhejiang Canaan Technology Aktienanalyse

What does Zhejiang Canaan Technology do?

Zhejiang Canaan Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Zhejiang Canaan Technology's Return on Capital Employed (ROCE)

Zhejiang Canaan Technology'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 Zhejiang Canaan Technology'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

Zhejiang Canaan Technology'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 Zhejiang Canaan Technology’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 Zhejiang Canaan Technology stock

What is the ROCE (Return on Capital Employed) of Zhejiang Canaan Technology this year?

The ROCE of Zhejiang Canaan Technology is -0.02 undefined this year.

How has the ROCE (Return on Capital Employed) of Zhejiang Canaan Technology developed compared to the previous year?

The ROCE of Zhejiang Canaan Technology has increased by -54.43% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Zhejiang Canaan Technology?

A high Return on Capital Employed (ROCE) indicates that Zhejiang Canaan Technology 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 Zhejiang Canaan Technology?

A low ROCE (Return on Capital Employed) can indicate that Zhejiang Canaan Technology 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 Zhejiang Canaan Technology impact the company?

An increase in the ROCE of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology affect the company?

A decrease in ROCE of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology?

Some factors that can affect Zhejiang Canaan Technology's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Zhejiang Canaan Technology so important for investors?

The ROCE of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology take to improve the ROCE?

To improve the ROCE, Zhejiang Canaan Technology 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 Zhejiang Canaan Technology pay?

Over the past 12 months, Zhejiang Canaan Technology paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 0.86 %. For the coming 12 months, Zhejiang Canaan Technology is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Zhejiang Canaan Technology?

The current dividend yield of Zhejiang Canaan Technology is 0.86 %.

When does Zhejiang Canaan Technology pay dividends?

Zhejiang Canaan Technology pays a quarterly dividend. This is distributed in the months of June, July, June, July.

How secure is the dividend of Zhejiang Canaan Technology?

Zhejiang Canaan Technology paid dividends every year for the past 0 years.

What is the dividend of Zhejiang Canaan Technology?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 0.86 %.

In which sector is Zhejiang Canaan Technology located?

Zhejiang Canaan Technology is assigned to the 'Health' sector.

Wann musste ich die Aktien von Zhejiang Canaan Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Canaan Technology from 6/9/2022 amounting to 0.035 CNY, you needed to have the stock in your portfolio before the ex-date on 6/9/2022.

When did Zhejiang Canaan Technology pay the last dividend?

The last dividend was paid out on 6/9/2022.

What was the dividend of Zhejiang Canaan Technology in the year 2023?

In the year 2023, Zhejiang Canaan Technology distributed 0.094 CNY as dividends.

In which currency does Zhejiang Canaan Technology pay out the dividend?

The dividends of Zhejiang Canaan Technology are distributed in CNY.

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Andere Kennzahlen von Zhejiang Canaan Technology

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