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Anhui Xinke New Materials Co Stock

Anhui Xinke New Materials Co P/S 2024

Anhui Xinke New Materials Co P/S

1.18

Ticker

600255.SS

ISIN

CNE0000015D4

As of Nov 2, 2024, Anhui Xinke New Materials Co's P/S ratio stood at 1.18, a -17.48% change from the 1.43 P/S ratio recorded in the previous year.

The Anhui Xinke New Materials Co P/S history

Anhui Xinke New Materials Co Aktienanalyse

What does Anhui Xinke New Materials Co do?

Anhui Xinke New Materials Co Ltd is a leading manufacturer of TPE granules and TPE films in China. The company was founded in 2001 and is based in Anhui, China. It employs over 500 employees and has subsidiaries in the USA and Europe. The company has developed a successful business model in recent years, based on the production and distribution of TPE granules and TPE films. TPE stands for thermoplastic elastomers and is a type of polymer that combines the properties of rubber and plastic. It is used in a variety of applications, including automotive parts, medical devices, sports equipment, and packaging. The company is divided into four main business areas: TPE granules, TPE films, TPU, and other chemicals. The TPE granules division is the largest and includes the production of TPE granules in various hardness levels, colors, and compositions. The TPE films division involves the production of TPE films for packaging applications in the food, medical, and cosmetic industries. The TPU division produces thermoplastic polyurethanes used in a variety of applications, including the automotive and footwear industries. The company has built a wide range of products in recent years, including TPE granules in various hardness levels, colors, and compositions, as well as TPE films for packaging applications. In addition, they offer a wide selection of TPU products and other chemicals. The innovative products of Anhui Xinke New Materials Co Ltd are sold worldwide and have a strong demand due to their high quality, reliability, and durability. Through continuous technological innovations and dedicated research and development, the company is able to meet the changing requirements of its customers and secure its growth. Overall, Anhui Xinke New Materials Co Ltd has a strong presence in the industry and is known for its premium products and excellent customer service. With a strong focus on quality and innovation, as well as a wide range of products and services, the company is well positioned to continue growing and strengthen its market position. Anhui Xinke New Materials Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Anhui Xinke New Materials Co's P/S Ratio

Anhui Xinke New Materials 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 Xinke New Materials 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 Xinke New Materials 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 Xinke New Materials 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 Xinke New Materials Co stock

What is the price-to-earnings ratio of Anhui Xinke New Materials Co?

The price-earnings ratio of Anhui Xinke New Materials Co is currently 1.18.

How has the price-earnings ratio of Anhui Xinke New Materials Co changed compared to last year?

The price-to-earnings ratio of Anhui Xinke New Materials Co has increased by -17.48% 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 Xinke New Materials Co high compared to other companies?

Yes, the price-to-earnings ratio of Anhui Xinke New Materials Co is high compared to other companies.

How does an increase in the price-earnings ratio of Anhui Xinke New Materials Co affect the company?

An increase in the price-earnings ratio of Anhui Xinke New Materials 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 Xinke New Materials Co affect the company?

A decrease in the price-earnings ratio of Anhui Xinke New Materials 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 Xinke New Materials Co?

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

How much dividend does Anhui Xinke New Materials Co pay?

Over the past 12 months, Anhui Xinke New Materials Co paid a dividend of 0 CNY . This corresponds to a dividend yield of about 0.09 %. For the coming 12 months, Anhui Xinke New Materials Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Anhui Xinke New Materials Co?

The current dividend yield of Anhui Xinke New Materials Co is 0.09 %.

When does Anhui Xinke New Materials Co pay dividends?

Anhui Xinke New Materials Co pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of Anhui Xinke New Materials Co?

Anhui Xinke New Materials Co paid dividends every year for the past 0 years.

What is the dividend of Anhui Xinke New Materials Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Anhui Xinke New Materials Co located?

Anhui Xinke New Materials Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Anhui Xinke New Materials Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Anhui Xinke New Materials Co from 7/25/2018 amounting to 0.002 CNY, you needed to have the stock in your portfolio before the ex-date on 7/25/2018.

When did Anhui Xinke New Materials Co pay the last dividend?

The last dividend was paid out on 7/25/2018.

What was the dividend of Anhui Xinke New Materials Co in the year 2023?

In the year 2023, Anhui Xinke New Materials Co distributed 0 CNY as dividends.

In which currency does Anhui Xinke New Materials Co pay out the dividend?

The dividends of Anhui Xinke New Materials Co are distributed in CNY.

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Andere Kennzahlen von Anhui Xinke New Materials Co

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