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Zhenjiang Dongfang Electric Heating Technology Co Stock

Zhenjiang Dongfang Electric Heating Technology Co ROE 2024

Zhenjiang Dongfang Electric Heating Technology Co ROE

0.16

Ticker

300217.SZ

ISIN

CNE100001302

In 2024, Zhenjiang Dongfang Electric Heating Technology Co's return on equity (ROE) was 0.16, a 79.83% increase from the 0.09 ROE 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.

ROE Details

Decoding Zhenjiang Dongfang Electric Heating Technology Co's Return on Equity (ROE)

Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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

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

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

The ROE of Zhenjiang Dongfang Electric Heating Technology Co this year is 0.16 undefined.

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

The ROE of Zhenjiang Dongfang Electric Heating Technology Co has increased by 79.83% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Zhenjiang Dongfang Electric Heating Technology Co?

A high ROE indicates that Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co?

A low ROE can indicate that Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co affect the company?

A change in ROE (Return on Equity) of Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co?

Some factors that can influence Zhenjiang Dongfang Electric Heating Technology 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 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

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