RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Zhejiang Chint Electrics Co Stock

Zhejiang Chint Electrics Co ROA 2024

Zhejiang Chint Electrics Co ROA

0.03

Ticker

601877.SS

ISIN

CNE100000KD8

In 2024, Zhejiang Chint Electrics Co's return on assets (ROA) was 0.03, a -20.87% increase from the 0.04 ROA in the previous year.

Zhejiang Chint Electrics Co Aktienanalyse

What does Zhejiang Chint Electrics Co do?

Zhejiang Chint Electrics Co Ltd is a Chinese company that was founded in 1984 and has since grown into a global corporation. The company is headquartered in Wenzhou and employs over 30,000 people worldwide. The business model of Zhejiang Chint Electrics is based on the production and distribution of electrical components and systems. The company operates in various sectors that focus on the needs and requirements of different industries and markets. Some of the well-known sectors include: - Power supply: Zhejiang Chint Electrics offers a wide range of products and solutions for power supply, including switchgear, transformers, solar inverters, and smart grid systems. - Automation: In the automation sector, the company provides products and solutions for the automation of industrial processes, such as switchgear, low-voltage switchgear, and intelligent control systems. - Electrical installation: Zhejiang Chint Electrics offers products and solutions for electrical installation in buildings, including switches, sockets, distribution boxes, and control devices. - Electromobility: In this sector, the company specializes in the development and production of electric vehicles and charging stations, working closely with partners in the automotive industry. Zhejiang Chint Electrics is known for its high product quality and innovative solutions. The company continuously invests in research and development to develop products and systems that meet the needs of its customers and reduce environmental impact. Some of the well-known products of Zhejiang Chint Electrics include smart grid systems used in power supply. These systems enable more intelligent distribution of energy and contribute to the reduction of CO2 emissions. The electric vehicles of Zhejiang Chint Electrics are also highly popular, especially in the Chinese market. In recent years, Zhejiang Chint Electrics has pursued strong international expansion. The company has opened branches and production facilities in Europe, North America, and Asia, and is now active in over 100 countries worldwide. Overall, Zhejiang Chint Electrics is an important player in the field of electrical engineering and power supply. The company has demonstrated impressive growth in recent years and is now a leading provider of innovative products and solutions. With its strong global presence and commitment to sustainability and environmental protection, the company will continue to play a crucial role in the future. Zhejiang Chint Electrics Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Zhejiang Chint Electrics Co's Return on Assets (ROA)

Zhejiang Chint Electrics 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 Zhejiang Chint Electrics 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 Zhejiang Chint Electrics 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 Zhejiang Chint Electrics 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 Zhejiang Chint Electrics Co stock

What is the Return on Assets (ROA) of Zhejiang Chint Electrics Co this year?

The Return on Assets (ROA) of Zhejiang Chint Electrics Co is 0.03 undefined this year.

What was the ROA of Zhejiang Chint Electrics Co compared to the previous year?

The ROA of Zhejiang Chint Electrics Co has increased by -20.87% compared to the previous year.

What consequences do high ROA have for investors of Zhejiang Chint Electrics Co?

A high ROA is advantageous for investors of Zhejiang Chint Electrics 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 Zhejiang Chint Electrics Co?

A low ROA can be unfavorable for investors of Zhejiang Chint Electrics 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 Zhejiang Chint Electrics Co affect the company?

An increase in ROA of Zhejiang Chint Electrics Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Zhejiang Chint Electrics Co impact the company?

A reduction in the ROA of Zhejiang Chint Electrics Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Zhejiang Chint Electrics Co?

Some factors that can influence the ROA of Zhejiang Chint Electrics Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Zhejiang Chint Electrics Co important for investors?

The ROA of Zhejiang Chint Electrics 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 Zhejiang Chint Electrics Co take to improve ROA?

To improve ROA, Zhejiang Chint Electrics 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 Zhejiang Chint Electrics Co pay?

Over the past 12 months, Zhejiang Chint Electrics Co paid a dividend of 0.4 CNY . This corresponds to a dividend yield of about 1.77 %. For the coming 12 months, Zhejiang Chint Electrics Co is expected to pay a dividend of 0.43 CNY.

What is the dividend yield of Zhejiang Chint Electrics Co?

The current dividend yield of Zhejiang Chint Electrics Co is 1.77 %.

When does Zhejiang Chint Electrics Co pay dividends?

Zhejiang Chint Electrics Co pays a quarterly dividend. This is distributed in the months of August, August, August, July.

How secure is the dividend of Zhejiang Chint Electrics Co?

Zhejiang Chint Electrics Co paid dividends every year for the past 17 years.

What is the dividend of Zhejiang Chint Electrics Co?

For the upcoming 12 months, dividends amounting to 0.43 CNY are expected. This corresponds to a dividend yield of 1.92 %.

In which sector is Zhejiang Chint Electrics Co located?

Zhejiang Chint Electrics Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Zhejiang Chint Electrics Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Chint Electrics Co from 6/27/2024 amounting to 0.55 CNY, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Zhejiang Chint Electrics Co pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Zhejiang Chint Electrics Co in the year 2023?

In the year 2023, Zhejiang Chint Electrics Co distributed 0.4 CNY as dividends.

In which currency does Zhejiang Chint Electrics Co pay out the dividend?

The dividends of Zhejiang Chint Electrics Co are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Zhejiang Chint Electrics Co

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