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Zhejiang Dingli Machinery Co Stock

Zhejiang Dingli Machinery Co ROE 2024

Zhejiang Dingli Machinery Co ROE

0.21

Ticker

603338.SS

ISIN

CNE1000023M7

In 2024, Zhejiang Dingli Machinery Co's return on equity (ROE) was 0.21, a 17.04% increase from the 0.18 ROE 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.

ROE Details

Decoding Zhejiang Dingli Machinery Co's Return on Equity (ROE)

Zhejiang Dingli Machinery Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Zhejiang Dingli Machinery Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Zhejiang Dingli Machinery Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Zhejiang Dingli Machinery Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Zhejiang Dingli Machinery Co stock

What is the ROE (Return on Equity) of Zhejiang Dingli Machinery Co this year?

The ROE of Zhejiang Dingli Machinery Co this year is 0.21 undefined.

How has the Return on Equity (ROE) of Zhejiang Dingli Machinery Co developed compared to the previous year?

The ROE of Zhejiang Dingli Machinery Co has increased by 17.04% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Zhejiang Dingli Machinery Co?

A high ROE indicates that Zhejiang Dingli Machinery Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Zhejiang Dingli Machinery Co?

A low ROE can indicate that Zhejiang Dingli Machinery Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Zhejiang Dingli Machinery Co affect the company?

A change in ROE (Return on Equity) of Zhejiang Dingli Machinery Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Zhejiang Dingli Machinery Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Zhejiang Dingli Machinery Co?

Some factors that can influence Zhejiang Dingli Machinery Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Zhejiang Dingli Machinery Co pay?

Over the past 12 months, Zhejiang Dingli Machinery Co paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 0.93 %.

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.