Anhui Coreach Technology Co Stock

Anhui Coreach Technology Co P/S 2024

Anhui Coreach Technology Co P/S

1.98

Ticker

002983.SZ

ISIN

CNE100003SR5

As of Nov 1, 2024, Anhui Coreach Technology Co's P/S ratio stood at 1.98, a -52.17% change from the 4.14 P/S ratio recorded in the previous year.

The Anhui Coreach Technology Co P/S history

Anhui Coreach Technology Co Aktienanalyse

What does Anhui Coreach Technology Co do?

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P/S Details

Decoding Anhui Coreach Technology Co's P/S Ratio

Anhui Coreach Technology Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Anhui Coreach Technology Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Anhui Coreach Technology Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Anhui Coreach Technology Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Anhui Coreach Technology Co stock

What is the price-to-earnings ratio of Anhui Coreach Technology Co?

The price-earnings ratio of Anhui Coreach Technology Co is currently 1.98.

How has the price-earnings ratio of Anhui Coreach Technology Co changed compared to last year?

The price-to-earnings ratio of Anhui Coreach Technology Co has increased by -52.17% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Anhui Coreach Technology Co high compared to other companies?

Yes, the price-to-earnings ratio of Anhui Coreach Technology Co is high compared to other companies.

How does an increase in the price-earnings ratio of Anhui Coreach Technology Co affect the company?

An increase in the price-earnings ratio of Anhui Coreach Technology Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Anhui Coreach Technology Co affect the company?

A decrease in the price-earnings ratio of Anhui Coreach Technology Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Anhui Coreach Technology Co?

Some factors that influence the price-earnings ratio of Anhui Coreach Technology Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Anhui Coreach Technology Co pay?

Over the past 12 months, Anhui Coreach Technology Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 1.17 %. For the coming 12 months, Anhui Coreach Technology Co is expected to pay a dividend of 0.26 CNY.

What is the dividend yield of Anhui Coreach Technology Co?

The current dividend yield of Anhui Coreach Technology Co is 1.17 %.

When does Anhui Coreach Technology Co pay dividends?

Anhui Coreach Technology Co pays a quarterly dividend. This is distributed in the months of August, August, July, July.

How secure is the dividend of Anhui Coreach Technology Co?

Anhui Coreach Technology Co paid dividends every year for the past 5 years.

What is the dividend of Anhui Coreach Technology Co?

For the upcoming 12 months, dividends amounting to 0.26 CNY are expected. This corresponds to a dividend yield of 1.25 %.

In which sector is Anhui Coreach Technology Co located?

Anhui Coreach Technology Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Anhui Coreach Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Anhui Coreach Technology Co from 6/18/2024 amounting to 0.291 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Anhui Coreach Technology Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Anhui Coreach Technology Co in the year 2023?

In the year 2023, Anhui Coreach Technology Co distributed 0.2 CNY as dividends.

In which currency does Anhui Coreach Technology Co pay out the dividend?

The dividends of Anhui Coreach Technology Co are distributed in CNY.

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Andere Kennzahlen von Anhui Coreach Technology Co

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