Zhejiang Jingsheng Mechanical & Electrical Co Stock

Zhejiang Jingsheng Mechanical & Electrical Co ROCE 2024

Zhejiang Jingsheng Mechanical & Electrical Co ROCE

0.39

Ticker

300316.SZ

ISIN

CNE100001DJ8

In 2024, Zhejiang Jingsheng Mechanical & Electrical Co's return on capital employed (ROCE) was 0.39, a 28.04% increase from the 0.31 ROCE in the previous year.

Zhejiang Jingsheng Mechanical & Electrical Co Aktienanalyse

What does Zhejiang Jingsheng Mechanical & Electrical Co do?

Zhejiang Jingsheng Mechanical & Electrical Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Zhejiang Jingsheng Mechanical & Electrical Co's Return on Capital Employed (ROCE)

Zhejiang Jingsheng Mechanical & Electrical Co'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 Jingsheng Mechanical & Electrical Co'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 Jingsheng Mechanical & Electrical Co'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 Jingsheng Mechanical & Electrical Co’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 Jingsheng Mechanical & Electrical Co stock

What is the ROCE (Return on Capital Employed) of Zhejiang Jingsheng Mechanical & Electrical Co this year?

The ROCE of Zhejiang Jingsheng Mechanical & Electrical Co is 0.39 undefined this year.

How has the ROCE (Return on Capital Employed) of Zhejiang Jingsheng Mechanical & Electrical Co developed compared to the previous year?

The ROCE of Zhejiang Jingsheng Mechanical & Electrical Co has increased by 28.04% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Zhejiang Jingsheng Mechanical & Electrical Co?

A high Return on Capital Employed (ROCE) indicates that Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co?

A low ROCE (Return on Capital Employed) can indicate that Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co impact the company?

An increase in the ROCE of Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co affect the company?

A decrease in ROCE of Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co?

Some factors that can affect Zhejiang Jingsheng Mechanical & Electrical Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Zhejiang Jingsheng Mechanical & Electrical Co so important for investors?

The ROCE of Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co take to improve the ROCE?

To improve the ROCE, Zhejiang Jingsheng Mechanical & Electrical Co 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 Jingsheng Mechanical & Electrical Co pay?

Over the past 12 months, Zhejiang Jingsheng Mechanical & Electrical Co paid a dividend of 0.45 CNY . This corresponds to a dividend yield of about 1.56 %. For the coming 12 months, Zhejiang Jingsheng Mechanical & Electrical Co is expected to pay a dividend of 0.56 CNY.

What is the dividend yield of Zhejiang Jingsheng Mechanical & Electrical Co?

The current dividend yield of Zhejiang Jingsheng Mechanical & Electrical Co is 1.56 %.

When does Zhejiang Jingsheng Mechanical & Electrical Co pay dividends?

Zhejiang Jingsheng Mechanical & Electrical Co pays a quarterly dividend. This is distributed in the months of August, July, June, June.

How secure is the dividend of Zhejiang Jingsheng Mechanical & Electrical Co?

Zhejiang Jingsheng Mechanical & Electrical Co paid dividends every year for the past 15 years.

What is the dividend of Zhejiang Jingsheng Mechanical & Electrical Co?

For the upcoming 12 months, dividends amounting to 0.56 CNY are expected. This corresponds to a dividend yield of 1.93 %.

In which sector is Zhejiang Jingsheng Mechanical & Electrical Co located?

Zhejiang Jingsheng Mechanical & Electrical Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Zhejiang Jingsheng Mechanical & Electrical Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Jingsheng Mechanical & Electrical Co from 5/22/2024 amounting to 0.7 CNY, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did Zhejiang Jingsheng Mechanical & Electrical Co pay the last dividend?

The last dividend was paid out on 5/22/2024.

What was the dividend of Zhejiang Jingsheng Mechanical & Electrical Co in the year 2023?

In the year 2023, Zhejiang Jingsheng Mechanical & Electrical Co distributed 0.28 CNY as dividends.

In which currency does Zhejiang Jingsheng Mechanical & Electrical Co pay out the dividend?

The dividends of Zhejiang Jingsheng Mechanical & Electrical Co are distributed in CNY.

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