Asia Cement (China) Holdings Stock

Asia Cement (China) Holdings P/E 2024

Asia Cement (China) Holdings P/E

-45.43

Ticker

743.HK

ISIN

KYG0539C1069

WKN

A0QZUD

As of Sep 27, 2024, Asia Cement (China) Holdings's P/E ratio was -45.43, a -195.9% change from the 47.37 P/E ratio recorded in the previous year.

The Asia Cement (China) Holdings P/E history

Asia Cement (China) Holdings Aktienanalyse

What does Asia Cement (China) Holdings do?

Asia Cement (China) Holdings Corp. is a leading Chinese cement manufacturer based in Hong Kong. The company was founded in 1979 and has since expanded continuously, becoming an important part of the construction industry in China and beyond. The company's history began with the establishment of Hualien Cement Co. Ltd. in Taiwan in 1957. Later, the company was renamed Asia Cement Corporation (ACC). In the process of expanding into China, Asia Cement (China) Holdings Corp. was established in 1999. The core business of the company is the production and sale of cement and concrete products. There are four main divisions: cement production, clinker production, concrete products, and engineering and technology. The company has multiple locations in China and also exports cement to other Asian countries. In cement production, various types of cement are produced, including ordinary Portland cement, pre-stressed concrete cement, fly ash cement, and other specialty cements. Clinker production is an important part of the cement manufacturing process. The company also produces concrete products such as concrete pipes, precast concrete decks, precast concrete walls, and precast components. The engineering and technology division provides consulting services and technical support in the field of cement manufacturing and concrete production. It also offers services such as training programs and technical training. The company places great importance on sustainability and environmental protection, and has invested in eco-friendly technologies and sustainability initiatives in recent years to reduce environmental impact. The company has also implemented strict quality control procedures and safety guidelines in all of its plants. Over the years, Asia Cement (China) Holdings Corp. has received numerous awards, particularly in the areas of product quality, environmental protection, and sustainability. The company also has a strong presence on social media and works closely with the local community to promote social responsibility and public charity work. Overall, Asia Cement (China) Holdings Corp. is a significant player in the Chinese construction industry and a responsible company focused on high-quality products and sustainability. Asia Cement (China) Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Asia Cement (China) Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Asia Cement (China) Holdings is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Asia Cement (China) Holdings's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Asia Cement (China) Holdings is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Asia Cement (China) Holdings’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Asia Cement (China) Holdings stock

What is the price-to-earnings ratio of Asia Cement (China) Holdings?

The price-earnings ratio of Asia Cement (China) Holdings is currently -45.43.

How has the price-earnings ratio of Asia Cement (China) Holdings changed compared to last year?

The price-to-earnings ratio of Asia Cement (China) Holdings has increased by -195.9% 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 Asia Cement (China) Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Asia Cement (China) Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Asia Cement (China) Holdings affect the company?

An increase in the price-earnings ratio of Asia Cement (China) Holdings 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 Asia Cement (China) Holdings affect the company?

A decrease in the price-earnings ratio of Asia Cement (China) Holdings 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 Asia Cement (China) Holdings?

Some factors that influence the price-earnings ratio of Asia Cement (China) Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Asia Cement (China) Holdings pay?

Over the past 12 months, Asia Cement (China) Holdings paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 8.5 %. For the coming 12 months, Asia Cement (China) Holdings is expected to pay a dividend of 0.17 CNY.

What is the dividend yield of Asia Cement (China) Holdings?

The current dividend yield of Asia Cement (China) Holdings is 8.5 %.

When does Asia Cement (China) Holdings pay dividends?

Asia Cement (China) Holdings pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of Asia Cement (China) Holdings?

Asia Cement (China) Holdings paid dividends every year for the past 18 years.

What is the dividend of Asia Cement (China) Holdings?

For the upcoming 12 months, dividends amounting to 0.17 CNY are expected. This corresponds to a dividend yield of 8.43 %.

In which sector is Asia Cement (China) Holdings located?

Asia Cement (China) Holdings is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Asia Cement (China) Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Asia Cement (China) Holdings from 7/19/2024 amounting to 0.045 CNY, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.

When did Asia Cement (China) Holdings pay the last dividend?

The last dividend was paid out on 7/19/2024.

What was the dividend of Asia Cement (China) Holdings in the year 2023?

In the year 2023, Asia Cement (China) Holdings distributed 0.527 CNY as dividends.

In which currency does Asia Cement (China) Holdings pay out the dividend?

The dividends of Asia Cement (China) Holdings are distributed in CNY.

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Andere Kennzahlen von Asia Cement (China) Holdings

Our stock analysis for Asia Cement (China) Holdings 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 Asia Cement (China) Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.