Zhenjiang Dongfang Electric Heating Technology Co Stock

Zhenjiang Dongfang Electric Heating Technology Co Equity 2024

Zhenjiang Dongfang Electric Heating Technology Co Equity

3.91 B CNY

Ticker

300217.SZ

ISIN

CNE100001302

In 2024, Zhenjiang Dongfang Electric Heating Technology Co's equity was 3.91 B CNY, a 18.6% increase from the 3.29 B CNY equity in the previous year.

Zhenjiang Dongfang Electric Heating Technology Co Aktienanalyse

What does Zhenjiang Dongfang Electric Heating Technology Co do?

Zhenjiang Dongfang Electric Heating Technology Co Ltd is a Chinese company specializing in the manufacturing of electric heating devices. The company was established in 1993 and is headquartered in the city of Zhenjiang, in the Jiangsu province of China. The company's history began with the production of ceramic heating elements, which were used in household appliances such as water heaters or air conditioners. Over the years, Zhenjiang Dongfang Electric Heating Technology Co Ltd has expanded its offerings and now also produces electric heaters for industrial applications such as the food industry, petrochemical industry, or automotive industry. The company's business model is based on a continuous innovation strategy to offer customers ever-improving products and solutions. The company leverages advanced technologies and a high level of quality assurance. Thanks to the development of its own patents and collaborations with renowned research institutions, Zhenjiang Dongfang Electric Heating Technology Co Ltd is able to meet international standards and serve the needs of customers worldwide. The company is divided into various business divisions, which cover different customer needs. One division is industrial power generation, with the company specializing in the production of heaters for power plants. The latest state-of-the-art technology is used to optimize efficiency and productivity. Another division is the food industry, for which Zhenjiang Dongfang Electric Heating Technology Co Ltd manufactures special heaters and heating elements to ensure even heat transfer. This is particularly important for the quality, durability, and safety of food. Another division of the company is the petrochemical industry, for which it offers heating systems for process plants, pipelines, and tanks. These heaters must be suitable for a variety of hazardous substances and environments and deliver reliable performance. The company also offers heating solutions for the automotive industry, both for the engine compartment and the interior of vehicles. This includes, for example, seat and steering wheel heating or preheating of engines under extreme weather conditions. The product range of Zhenjiang Dongfang Electric Heating Technology Co Ltd includes a wide range of heating solutions for various applications. This includes electric heaters, heating cartridges, heating elements, heat cables, and other customized heating systems. The products are designed for use in different environments and can be tailored to customer needs. In summary, Zhenjiang Dongfang Electric Heating Technology Co Ltd is an innovative company that constantly strives to meet and exceed customer requirements. With its wide range of heating solutions for various industries and applications, it is able to serve the global market and provide customers worldwide with reliable performance and quality. Zhenjiang Dongfang Electric Heating Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Zhenjiang Dongfang Electric Heating Technology Co's Equity

Zhenjiang Dongfang Electric Heating Technology Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Zhenjiang Dongfang Electric Heating Technology Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Zhenjiang Dongfang Electric Heating Technology Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Zhenjiang Dongfang Electric Heating Technology Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Zhenjiang Dongfang Electric Heating Technology Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Zhenjiang Dongfang Electric Heating Technology Co stock

What is the equity of Zhenjiang Dongfang Electric Heating Technology Co this year?

Zhenjiang Dongfang Electric Heating Technology Co has equity of 3.91 B CNY this year.

What was the equity of Zhenjiang Dongfang Electric Heating Technology Co compared to the previous year?

The equity of Zhenjiang Dongfang Electric Heating Technology Co has increased/decreased by 18.6% increased compared to the previous year.

What impact does a high equity have on investors of Zhenjiang Dongfang Electric Heating Technology Co?

A high equity is advantageous for investors of Zhenjiang Dongfang Electric Heating Technology Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Zhenjiang Dongfang Electric Heating Technology Co?

A low equity can be a risk for investors of Zhenjiang Dongfang Electric Heating Technology Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Zhenjiang Dongfang Electric Heating Technology Co affect the company?

An increase in equity of Zhenjiang Dongfang Electric Heating Technology Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Zhenjiang Dongfang Electric Heating Technology Co affect the company?

A reduction in equity of Zhenjiang Dongfang Electric Heating Technology Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Zhenjiang Dongfang Electric Heating Technology Co?

Some factors that can affect the equity of Zhenjiang Dongfang Electric Heating Technology Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Zhenjiang Dongfang Electric Heating Technology Co so important for investors?

The equity of Zhenjiang Dongfang Electric Heating Technology Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Zhenjiang Dongfang Electric Heating Technology Co take to change the equity?

To change equity, Zhenjiang Dongfang Electric Heating Technology Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Zhenjiang Dongfang Electric Heating Technology Co pay?

Over the past 12 months, Zhenjiang Dongfang Electric Heating Technology Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, Zhenjiang Dongfang Electric Heating Technology Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Zhenjiang Dongfang Electric Heating Technology Co?

The current dividend yield of Zhenjiang Dongfang Electric Heating Technology Co is 0.54 %.

When does Zhenjiang Dongfang Electric Heating Technology Co pay dividends?

Zhenjiang Dongfang Electric Heating Technology Co pays a quarterly dividend. This is distributed in the months of July, July, June, June.

How secure is the dividend of Zhenjiang Dongfang Electric Heating Technology Co?

Zhenjiang Dongfang Electric Heating Technology Co paid dividends every year for the past 15 years.

What is the dividend of Zhenjiang Dongfang Electric Heating Technology Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.58 %.

In which sector is Zhenjiang Dongfang Electric Heating Technology Co located?

Zhenjiang Dongfang Electric Heating Technology Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Zhenjiang Dongfang Electric Heating Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhenjiang Dongfang Electric Heating Technology Co from 5/31/2024 amounting to 0.068 CNY, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Zhenjiang Dongfang Electric Heating Technology Co pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Zhenjiang Dongfang Electric Heating Technology Co in the year 2023?

In the year 2023, Zhenjiang Dongfang Electric Heating Technology Co distributed 0.02 CNY as dividends.

In which currency does Zhenjiang Dongfang Electric Heating Technology Co pay out the dividend?

The dividends of Zhenjiang Dongfang Electric Heating Technology Co are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.