Xinyu Iron & Steel Co

Xinyu Iron & Steel Co ROA

The Return on Assets (ROA) of Xinyu Iron & Steel Co (600782.SS) as of Oct 30, 2026 is 0.06 %. In the previous year, Return on Assets (ROA) was 0.94 % — a change of -93.34% (lower).

ROA

0.06 %

YoY

-93.34%

Last updated:

In 2024, Xinyu Iron & Steel Co's return on assets (ROA) was 0.06 %, a -93.34% increase from the 0.94 % ROA in the previous year.

The Xinyu Iron & Steel Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
9.36 CNY
Jan 1, 2018
14.18 CNY
Jan 1, 2019
7.56 CNY
Jan 1, 2020
5.17 CNY
Jan 1, 2021
7.41 CNY
Jan 1, 2022
1.96 CNY
Jan 1, 2023
0.94 CNY
Jan 1, 2024
0.06 CNY
The Xinyu Iron & Steel Co ROA history
YEARROAYoY
0.06 %-93.34%
0.94 %-52.14%
1.96 %-73.49%
7.41 %+43.31%
5.17 %-31.59%
7.56 %-46.71%
14.18 %+51.49%
9.36 %+447.99%
1.71 %+696.29%
0.21 %-83.90%
1.33 %—

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Xinyu Iron & Steel Co Stock analysis

What does Xinyu Iron & Steel Co do? Xinyu Iron & Steel Co Ltd manufactures and sells steel stranded wire, aluminum clad steel, steel wire series, and electric wire. The company's principal products include middle plate steel, wire products, deformed steel bar, round bar steel, steel billet, electrical steel, thick plate steel, hot-rolled coil, cold-rolled coil, metal products, and coking products. It distributes these products in domestic and overseas markets, with a focus on steel manufacturing and related construction installation services. The firm operates through its own production facilities and transportation repair services to support its sales. Xinyu Iron & Steel Co Ltd targets industrial buyers and construction companies that require steel products for infrastructure projects and manufacturing. Its domestic market presence is supported by a large workforce of 12,585 full-time employees, while overseas markets extend its reach to international clients seeking steel materials. The company's product portfolio spans structural steel, wire products, and coking byproducts, catering to diverse industrial needs. The firm generates revenue primarily through the sale of steel products, including hot-rolled coil, cold-rolled coil, and steel billet, to both domestic and international clients. Transportation repair services and construction installation business further contribute to its income streams. By leveraging its manufacturing capabilities and broad product range, Xinyu Iron & Steel Co Ltd serves the demand for steel in construction, manufacturing, and energy sectors. Xinyu Iron & Steel Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding Xinyu Iron & Steel Co's Return on Assets (ROA)

Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel Co stock

Return on Assets (ROA) of Xinyu Iron & Steel Co is 0.06 % in 2024.

Return on Assets (ROA) of Xinyu Iron & Steel Co changed from 0.94 % to 0.06 %, representing a -93.34% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 — Xinyu Iron & Steel Co

All Key Metrics — Xinyu Iron & Steel Co