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Zhejiang Dingli Machinery Co Stock

Zhejiang Dingli Machinery Co ROA 2024

Zhejiang Dingli Machinery Co ROA

0.13

Ticker

603338.SS

ISIN

CNE1000023M7

In 2024, Zhejiang Dingli Machinery Co's return on assets (ROA) was 0.13, a 23.37% increase from the 0.11 ROA in the previous year.

Zhejiang Dingli Machinery Co Aktienanalyse

What does Zhejiang Dingli Machinery Co do?

Zhejiang Dingli Machinery Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Zhejiang Dingli Machinery Co's Return on Assets (ROA)

Zhejiang Dingli Machinery 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 Dingli Machinery 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 Dingli Machinery 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 Dingli Machinery 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 Dingli Machinery Co stock

What is the Return on Assets (ROA) of Zhejiang Dingli Machinery Co this year?

The Return on Assets (ROA) of Zhejiang Dingli Machinery Co is 0.13 undefined this year.

What was the ROA of Zhejiang Dingli Machinery Co compared to the previous year?

The ROA of Zhejiang Dingli Machinery Co has increased by 23.37% compared to the previous year.

What consequences do high ROA have for investors of Zhejiang Dingli Machinery Co?

A high ROA is advantageous for investors of Zhejiang Dingli Machinery 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 Dingli Machinery Co?

A low ROA can be unfavorable for investors of Zhejiang Dingli Machinery 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 Dingli Machinery Co affect the company?

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

How does a reduction in ROA of Zhejiang Dingli Machinery Co impact the company?

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

What are some factors that can influence the ROA of Zhejiang Dingli Machinery Co?

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

Why is the ROA of Zhejiang Dingli Machinery Co important for investors?

The ROA of Zhejiang Dingli Machinery 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 Dingli Machinery Co take to improve ROA?

To improve ROA, Zhejiang Dingli Machinery 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 Dingli Machinery Co pay?

Over the past 12 months, Zhejiang Dingli Machinery Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 0.92 %. For the coming 12 months, Zhejiang Dingli Machinery Co is expected to pay a dividend of 0.58 CNY.

What is the dividend yield of Zhejiang Dingli Machinery Co?

The current dividend yield of Zhejiang Dingli Machinery Co is 0.92 %.

When does Zhejiang Dingli Machinery Co pay dividends?

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

How secure is the dividend of Zhejiang Dingli Machinery Co?

Zhejiang Dingli Machinery Co paid dividends every year for the past 12 years.

What is the dividend of Zhejiang Dingli Machinery Co?

For the upcoming 12 months, dividends amounting to 0.58 CNY are expected. This corresponds to a dividend yield of 1.06 %.

In which sector is Zhejiang Dingli Machinery Co located?

Zhejiang Dingli Machinery Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Zhejiang Dingli Machinery Co from 6/26/2024 amounting to 1 CNY, you needed to have the stock in your portfolio before the ex-date on 6/26/2024.

When did Zhejiang Dingli Machinery Co pay the last dividend?

The last dividend was paid out on 6/26/2024.

What was the dividend of Zhejiang Dingli Machinery Co in the year 2023?

In the year 2023, Zhejiang Dingli Machinery Co distributed 0.34 CNY as dividends.

In which currency does Zhejiang Dingli Machinery Co pay out the dividend?

The dividends of Zhejiang Dingli Machinery Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Dingli Machinery Co

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