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Zhenjiang Dongfang Electric Heating Technology Co Stock

Zhenjiang Dongfang Electric Heating Technology Co ROA 2024

Zhenjiang Dongfang Electric Heating Technology Co ROA

0.09

Ticker

300217.SZ

ISIN

CNE100001302

In 2024, Zhenjiang Dongfang Electric Heating Technology Co's return on assets (ROA) was 0.09, a 112.33% increase from the 0.04 ROA 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.

ROA Details

Understanding Zhenjiang Dongfang Electric Heating Technology Co's Return on Assets (ROA)

Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co stock

What is the Return on Assets (ROA) of Zhenjiang Dongfang Electric Heating Technology Co this year?

The Return on Assets (ROA) of Zhenjiang Dongfang Electric Heating Technology Co is 0.09 undefined this year.

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

The ROA of Zhenjiang Dongfang Electric Heating Technology Co has increased by 112.33% compared to the previous year.

What consequences do high ROA have for investors of Zhenjiang Dongfang Electric Heating Technology Co?

A high ROA is advantageous for investors of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co?

A low ROA can be unfavorable for investors of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co affect the company?

An increase in ROA of Zhenjiang Dongfang Electric Heating Technology Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Zhenjiang Dongfang Electric Heating Technology Co impact the company?

A reduction in the ROA of Zhenjiang Dongfang Electric Heating Technology Co can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Zhenjiang Dongfang Electric Heating Technology Co include revenue, operating costs, asset structure, and industry average.

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

The ROA of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co take to improve ROA?

To improve ROA, Zhenjiang Dongfang Electric Heating Technology 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 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.

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Andere Kennzahlen von Zhenjiang Dongfang Electric Heating Technology Co

Our stock analysis for Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.