Haiyang Technology Co

Haiyang Technology Co ROE

The Return on Equity (ROE) of Haiyang Technology Co (603382.SS) as of Oct 31, 2026 is 13.64 %. In the previous year, Return on Equity (ROE) was 11.80 % — a change of 15.54% (higher).

ROE

13.64 %

YoY

15.54%

Last updated:

In 2024, Haiyang Technology Co's return on equity (ROE) was 13.64 %, a 15.54% increase from the 11.80 % ROE in the previous year.

The Haiyang Technology Co ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2022
16.14 CNY
Jan 1, 2023
11.80 CNY
Jan 1, 2024
13.64 CNY
The Haiyang Technology Co ROE history
YEARROEYoY
13.64 %+15.54%
11.80 %-26.90%
16.14 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Haiyang Technology Co Stock analysis

What does Haiyang Technology Co do? Haiyang Technology Co., Ltd. generates revenue through the production and sale of nylon 6 chips, nylon 6 yarns, and tire cord fabrics, including nylon 6 tire cord fabrics, polyester tire cord fabrics, and nylon 66 tire cord fabrics. The company integrates R&D, production, and sales to serve global markets, focusing on chemical, chemical fiber, and tire enterprises. Its products are primarily utilized in nylon fibers, engineering plastics, and films, targeting industrial applications within these sectors. The firm's main customers are chemical and tire industry players who require reinforcement materials for tire manufacturing and other industrial uses. The company's product portfolio includes nylon 6 chips as a core offering, alongside nylon 6 yarns and specialized tire cord fabrics. These materials serve as reinforcement components in tire production, with nylon 6 tire cord fabrics being a key segment. The business model emphasizes direct integration from R&D to sales, ensuring quality control and market responsiveness for its global clientele. Chemical fiber enterprises are significant buyers of the company's nylon 6 yarns, while tire manufacturers rely on its tire cord fabrics for structural integrity in tire construction. Haiyang Technology's revenue streams are derived from the global demand for nylon-based materials in industrial applications. The firm's main markets include chemical enterprises requiring nylon 6 chips for engineering plastics, chemical fiber producers using nylon 6 yarns, and tire manufacturers purchasing tire cord fabrics. The company's strategic focus on integration across the value chain allows it to capture value from multiple segments within the chemical and tire industries without external dependencies. Haiyang Technology Co is one of the most popular companies on Eulerpool.

ROE Details

Decoding Haiyang Technology Co's Return on Equity (ROE)

Haiyang 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 Haiyang 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

Haiyang 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 Haiyang 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 Haiyang Technology Co stock

Return on Equity (ROE) of Haiyang Technology Co is 13.64 % in 2024.

Return on Equity (ROE) of Haiyang Technology Co changed from 11.80 % to 13.64 %, representing a 15.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Haiyang Technology Co since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Haiyang Technology Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'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 Equity (ROE).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Profitability — Haiyang Technology Co

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Haiyang Technology Co