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Zhenjiang Dongfang Electric Heating Technology Co Stock

Zhenjiang Dongfang Electric Heating Technology Co ROCE 2024

Zhenjiang Dongfang Electric Heating Technology Co ROCE

0.12

Ticker

300217.SZ

ISIN

CNE100001302

In 2024, Zhenjiang Dongfang Electric Heating Technology Co's return on capital employed (ROCE) was 0.12, a 29.53% increase from the 0.09 ROCE 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.

ROCE Details

Unraveling Zhenjiang Dongfang Electric Heating Technology Co's Return on Capital Employed (ROCE)

Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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

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

What is the ROCE (Return on Capital Employed) of Zhenjiang Dongfang Electric Heating Technology Co this year?

The ROCE of Zhenjiang Dongfang Electric Heating Technology Co is 0.12 undefined this year.

How has the ROCE (Return on Capital Employed) of Zhenjiang Dongfang Electric Heating Technology Co developed compared to the previous year?

The ROCE of Zhenjiang Dongfang Electric Heating Technology Co has increased by 29.53% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Zhenjiang Dongfang Electric Heating Technology Co?

A high Return on Capital Employed (ROCE) indicates that Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co?

A low ROCE (Return on Capital Employed) can indicate that Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co impact the company?

An increase in the ROCE of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co affect the company?

A decrease in ROCE of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co?

Some factors that can affect Zhenjiang Dongfang Electric Heating Technology Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

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

To improve the ROCE, Zhenjiang Dongfang Electric Heating Technology 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 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.