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Zhejiang Xinchai Co Stock

Zhejiang Xinchai Co ROA 2024

Zhejiang Xinchai Co ROA

0.01

Ticker

301032.SZ

ISIN

CNE100004N91

In 2024, Zhejiang Xinchai Co's return on assets (ROA) was 0.01, a 30.44% increase from the 0.01 ROA in the previous year.

Zhejiang Xinchai Co Aktienanalyse

What does Zhejiang Xinchai Co do?

Zhejiang Xinchai Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Zhejiang Xinchai Co's Return on Assets (ROA)

Zhejiang Xinchai 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 Xinchai 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 Xinchai 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 Xinchai 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 Xinchai Co stock

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

The Return on Assets (ROA) of Zhejiang Xinchai Co is 0.01 undefined this year.

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

The ROA of Zhejiang Xinchai Co has increased by 30.44% compared to the previous year.

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

A high ROA is advantageous for investors of Zhejiang Xinchai 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 Xinchai Co?

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

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

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

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

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

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

Why is the ROA of Zhejiang Xinchai Co important for investors?

The ROA of Zhejiang Xinchai 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 Xinchai Co take to improve ROA?

To improve ROA, Zhejiang Xinchai 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 Xinchai Co pay?

Over the past 12 months, Zhejiang Xinchai Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.31 %. For the coming 12 months, Zhejiang Xinchai Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Zhejiang Xinchai Co?

The current dividend yield of Zhejiang Xinchai Co is 0.31 %.

When does Zhejiang Xinchai Co pay dividends?

Zhejiang Xinchai Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Zhejiang Xinchai Co?

Zhejiang Xinchai Co paid dividends every year for the past 2 years.

What is the dividend of Zhejiang Xinchai Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.31 %.

In which sector is Zhejiang Xinchai Co located?

Zhejiang Xinchai Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Zhejiang Xinchai Co from 6/6/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did Zhejiang Xinchai Co pay the last dividend?

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

What was the dividend of Zhejiang Xinchai Co in the year 2023?

In the year 2023, Zhejiang Xinchai Co distributed 0.1 CNY as dividends.

In which currency does Zhejiang Xinchai Co pay out the dividend?

The dividends of Zhejiang Xinchai Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Xinchai Co

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