Zijin Mining Group Co ROA 2024

Zijin Mining Group Co ROA

0.06

Zijin Mining Group Co Dividend yield

1.33 %

Ticker

601899.SS

ISIN

CNE100000B24

In 2024, Zijin Mining Group Co's return on assets (ROA) was 0.06, a -5.89% increase from the 0.07 ROA in the previous year.

Zijin Mining Group Co Aktienanalyse

What does Zijin Mining Group Co do?

Zijin Mining Group Co Ltd is a Chinese company that was founded in 1986 and headquartered in Longyan, Fujian. It is one of the world's largest mining companies and specializes in the production of gold, copper, zinc, lead, nickel, and other minerals. The company's business model is based on the exploration and development of mining and precious metal mines worldwide. Zijin Mining operates in all phases of the mining cycle, from the exploration and evaluation of mineral deposits to the extraction and processing of ores, and the marketing and sale of end products. Additionally, the company also engages in commodity brokerage with gold and silver. The various sectors of Zijin Mining include gold, copper, zinc, lead, nickel, silver, and other precious metals. The company operates in multiple countries, including China, Australia, Papua New Guinea, Tajikistan, Russia, and Ethiopia. In the gold segment, Zijin Mining is the largest gold producer in China and the fifth largest in the world. The company owns and operates several gold mines, including the high-grade Linglong and Zijinshan mines, as well as other mines in Indonesia and Australia. In the copper segment, Zijin Mining operates the Bor copper mine in Serbia and the Jiaojia copper mine in China. In the zinc sector, the company is involved in the production of zinc, lead, and silver concentrates, and in nickel production, the company operates in Papua New Guinea. Zijin Mining is also engaged in environmental protection and restoration work, adhering to strict standards to ensure that its activities do not harm the environment. The company is also committed to the community by supporting initiatives to promote education, health, and other social aspects. Overall, Zijin Mining Group Co Ltd has shown impressive growth over the years and has become a major player in the global mining industry. The company has demonstrated a strong commitment to sustainability and social responsibility, advocating for responsible and environmentally-friendly mining development. Zijin Mining Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Zijin Mining Group Co's Return on Assets (ROA)

Zijin Mining Group 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 Zijin Mining Group 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 Zijin Mining Group 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 Zijin Mining Group 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 Zijin Mining Group Co Stock

What is the Return on Assets (ROA) of Zijin Mining Group Co this year?

The Return on Assets (ROA) of Zijin Mining Group Co is 0.06 undefined this year.

What was the ROA of Zijin Mining Group Co compared to the previous year?

The ROA of Zijin Mining Group Co has increased by -5.89% compared to the previous year.

What consequences do high ROA have for investors of Zijin Mining Group Co?

A high ROA is advantageous for investors of Zijin Mining Group 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 Zijin Mining Group Co?

A low ROA can be unfavorable for investors of Zijin Mining Group 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 Zijin Mining Group Co affect the company?

An increase in ROA of Zijin Mining Group Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Zijin Mining Group Co impact the company?

A reduction in the ROA of Zijin Mining Group Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Zijin Mining Group Co?

Some factors that can influence the ROA of Zijin Mining Group Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Zijin Mining Group Co important for investors?

The ROA of Zijin Mining Group 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 Zijin Mining Group Co take to improve ROA?

To improve ROA, Zijin Mining Group 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 Zijin Mining Group Co pay?

Over the past 12 months, Zijin Mining Group Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 1.33 %. For the coming 12 months, Zijin Mining Group Co is expected to pay a dividend of 0.29 CNY.

What is the dividend yield of Zijin Mining Group Co?

The current dividend yield of Zijin Mining Group Co is 1.33 %.

When does Zijin Mining Group Co pay dividends?

Zijin Mining Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, January.

How secure is the dividend of Zijin Mining Group Co?

Zijin Mining Group Co paid dividends every year for the past 19 years.

What is the dividend of Zijin Mining Group Co?

For the upcoming 12 months, dividends amounting to 0.29 CNY are expected. This corresponds to a dividend yield of 1.55 %.

In which sector is Zijin Mining Group Co located?

Zijin Mining Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Zijin Mining Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zijin Mining Group Co from 12/25/2023 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 12/25/2023.

When did Zijin Mining Group Co pay the last dividend?

The last dividend was paid out on 12/25/2023.

What was the dividend of Zijin Mining Group Co in the year 2023?

In the year 2023, Zijin Mining Group Co distributed 0.2 CNY as dividends.

In which currency does Zijin Mining Group Co pay out the dividend?

The dividends of Zijin Mining Group Co are distributed in CNY.

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Andere Kennzahlen von Zijin Mining Group Co

Our stock analysis for Zijin Mining Group 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 Zijin Mining Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.