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CITIC Resources Holdings Stock

CITIC Resources Holdings P/S 2024

CITIC Resources Holdings P/S

0.92

Ticker

1205.HK

ISIN

BMG2155Y1075

WKN

723581

As of Jul 22, 2024, CITIC Resources Holdings's P/S ratio stood at 0.92, a 17.95% change from the 0.78 P/S ratio recorded in the previous year.

The CITIC Resources Holdings P/S history

CITIC Resources Holdings Aktienanalyse

What does CITIC Resources Holdings do?

CITIC Resources Holdings Ltd is a leading Chinese energy and resources conglomerate based in Hong Kong. The company was established in 1997 and is part of the CITIC Group Corporation, one of China's largest state-owned enterprises. CITIC Resources focuses on identifying and capitalizing on opportunities in the global energy and resources industry. The company operates in various business sectors, including resource exploration and extraction, energy generation and distribution, commodity trading, and logistics and infrastructure. This includes oil and gas fields in China, Australia, and Indonesia, a coal mine in South Africa, and investments in several energy generation and distribution companies in China. One of CITIC Resources' main divisions is oil and gas exploration and extraction. The company holds a significant stake in the Chinese oil and gas company PetroChina and operates its own oil and gas fields in various countries. One of its key projects is the Mereenie oil field near Melbourne, which has a production capacity of up to 2,500 barrels of oil per day. Another important division of CITIC Resources is the trading of commodities and energy sources. The company is involved in the sourcing, transportation, and marketing of commodities such as iron ore, copper, aluminum, and coal. To facilitate commodity trading, CITIC Resources operates its own ports, railway lines, and logistics centers. The company also holds investments in mining companies in Africa and Australia to secure its resource supply. In recent years, CITIC Resources has also made significant investments in renewable energy, particularly in the construction of solar and wind parks in China. Its goal is to increase the share of renewable energy in China's electricity generation and contribute to reducing CO2 emissions. In the infrastructure sector, the company has invested in ports, roads, and airports to facilitate the trading of commodities and energy sources. For example, CITIC Resources operates the Hong Kong International Airport and the Yantian Port in southern China, one of the largest container ports in the world. CITIC Resources is a major player in the Chinese energy and resources industry and has built a strong position in recent years. The company aims to expand its global presence to seize opportunities in various industries and regions. With its broad range of activities and existing connections to other Chinese companies, CITIC Resources can rely on a strong foundation to continue growing and achieve its goals. CITIC Resources Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding CITIC Resources Holdings's P/S Ratio

CITIC Resources Holdings'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 CITIC Resources Holdings'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 CITIC Resources Holdings'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 CITIC Resources Holdings’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 CITIC Resources Holdings stock

What is the price-to-earnings ratio of CITIC Resources Holdings?

The price-earnings ratio of CITIC Resources Holdings is currently 0.92.

How has the price-earnings ratio of CITIC Resources Holdings changed compared to last year?

The price-to-earnings ratio of CITIC Resources Holdings has increased by 17.95% increased 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 CITIC Resources Holdings high compared to other companies?

Yes, the price-to-earnings ratio of CITIC Resources Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of CITIC Resources Holdings affect the company?

An increase in the price-earnings ratio of CITIC Resources 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 CITIC Resources Holdings affect the company?

A decrease in the price-earnings ratio of CITIC Resources 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 CITIC Resources Holdings?

Some factors that influence the price-earnings ratio of CITIC Resources Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does CITIC Resources Holdings pay?

Over the past 12 months, CITIC Resources Holdings paid a dividend of 0.06 HKD . This corresponds to a dividend yield of about 13.48 %. For the coming 12 months, CITIC Resources Holdings is expected to pay a dividend of 0.06 HKD.

What is the dividend yield of CITIC Resources Holdings?

The current dividend yield of CITIC Resources Holdings is 13.48 %.

When does CITIC Resources Holdings pay dividends?

CITIC Resources Holdings pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of CITIC Resources Holdings?

CITIC Resources Holdings paid dividends every year for the past 2 years.

What is the dividend of CITIC Resources Holdings?

For the upcoming 12 months, dividends amounting to 0.06 HKD are expected. This corresponds to a dividend yield of 13.48 %.

In which sector is CITIC Resources Holdings located?

CITIC Resources Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von CITIC Resources Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CITIC Resources Holdings from 7/18/2024 amounting to 0.025 HKD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did CITIC Resources Holdings pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of CITIC Resources Holdings in the year 2023?

In the year 2023, CITIC Resources Holdings distributed 0.045 HKD as dividends.

In which currency does CITIC Resources Holdings pay out the dividend?

The dividends of CITIC Resources Holdings are distributed in HKD.

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Andere Kennzahlen von CITIC Resources Holdings

Our stock analysis for CITIC Resources 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 CITIC Resources Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.