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Zhejiang Xinchai Co Stock

Zhejiang Xinchai Co ROE 2024

Zhejiang Xinchai Co ROE

0.03

Ticker

301032.SZ

ISIN

CNE100004N91

In 2024, Zhejiang Xinchai Co's return on equity (ROE) was 0.03, a 40.57% increase from the 0.02 ROE in the previous year.

Zhejiang Xinchai Co Aktienanalyse

What does Zhejiang Xinchai Co do?

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ROE Details

Decoding Zhejiang Xinchai Co's Return on Equity (ROE)

Zhejiang Xinchai 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 Xinchai 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 Xinchai 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 Xinchai 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 Xinchai Co stock

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

The ROE of Zhejiang Xinchai Co this year is 0.03 undefined.

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

The ROE of Zhejiang Xinchai Co has increased by 40.57% increased compared to the previous year.

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

A high ROE indicates that Zhejiang Xinchai 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 Xinchai Co?

A low ROE can indicate that Zhejiang Xinchai 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 Xinchai Co affect the company?

A change in ROE (Return on Equity) of Zhejiang Xinchai 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 Xinchai 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 Xinchai Co?

Some factors that can influence Zhejiang Xinchai 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 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 0.2 %. 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 0.2 %.

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 0.2 %.

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.