GuangDong Rifeng Electric Cable Co

GuangDong Rifeng Electric Cable Co ROA

The Return on Assets (ROA) of GuangDong Rifeng Electric Cable Co (002953.SZ) as of Oct 22, 2026 is 4.23 %. In the previous year, Return on Assets (ROA) was 4.49 % — a change of -5.83% (lower).

ROA

4.23 %

YoY

-5.83%

Last updated:

In 2025, GuangDong Rifeng Electric Cable Co's return on assets (ROA) was 4.23 %, a -5.83% increase from the 4.49 % ROA in the previous year.

The GuangDong Rifeng Electric Cable Co ROA history

  • 3 Years

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  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2018
13.08 CNY
Jan 1, 2019
8.70 CNY
Jan 1, 2020
7.23 CNY
Jan 1, 2021
4.84 CNY
Jan 1, 2022
2.92 CNY
Jan 1, 2023
4.71 CNY
Jan 1, 2024
4.49 CNY
Jan 1, 2025
4.23 CNY
The GuangDong Rifeng Electric Cable Co ROA history
YEARROAYoY
4.23 %-5.83%
4.49 %-4.76%
4.71 %+61.33%
2.92 %-39.63%
4.84 %-33.09%
7.23 %-16.85%
8.70 %-33.49%
13.08 %+67.07%
7.83 %+2.81%
7.61 %+99.52%
3.82 %-13.53%
4.41 %—

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GuangDong Rifeng Electric Cable Co Stock analysis

What does GuangDong Rifeng Electric Cable Co do? Guangdong Rifeng Electric Co. Ltd. generates revenue through the research, development, and manufacturing of cable products, primarily serving the electrical equipment and special equipment supporting cables market. The company's product portfolio includes air conditioning cable components, small household appliance wiring components, special equipment cables, and other cables, which are distributed across domestic and overseas markets. These products are utilized in diverse sectors such as household appliances, robotics, wind power, marine engineering, port machinery, construction machinery, shipbuilding, power tools, instrumentation, automotive, lighting, and outdoor equipment. The firm targets industrial and commercial clients requiring specialized cable solutions for various applications. Guangdong Rifeng Electric Co. Ltd. focuses on the production and sales of electrical equipment and special equipment supporting cables, with its products widely adopted in industries like robotics, wind power, and automotive sectors. The company's domestic and international distribution channels support sales to customers in multiple industrial segments, including construction machinery and shipbuilding. Its product range caters to both consumer electronics and heavy industrial applications, ensuring broad market penetration. The company's revenue streams are derived from the sale of four main cable categories: air conditioning cable components, small household appliance wiring components, special equipment cables, and other cables. These products are sold to clients in the household appliances, robotics, wind power, marine engineering, port machinery, construction machinery, shipbuilding, automotive, and lighting industries. Guangdong Rifeng Electric Co. Ltd. serves both domestic and overseas markets, leveraging its manufacturing capabilities to meet demand across these sectors. GuangDong Rifeng Electric Cable Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding GuangDong Rifeng Electric Cable Co's Return on Assets (ROA)

GuangDong Rifeng Electric Cable 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 GuangDong Rifeng Electric Cable 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 GuangDong Rifeng Electric Cable 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 GuangDong Rifeng Electric Cable 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 GuangDong Rifeng Electric Cable Co stock

Return on Assets (ROA) of GuangDong Rifeng Electric Cable Co is 4.23 % in 2025.

Return on Assets (ROA) of GuangDong Rifeng Electric Cable Co changed from 4.49 % to 4.23 %, representing a -5.83% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) GuangDong Rifeng Electric Cable Co since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s GuangDong Rifeng Electric Cable Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — GuangDong Rifeng Electric Cable Co

All Key Metrics — GuangDong Rifeng Electric Cable Co