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Cenntro Electric Group Pty Stock

Cenntro Electric Group Pty P/S 2024

Cenntro Electric Group Pty P/S

550.27

Ticker

CENN

ISIN

AU0000198582

WKN

A3DAKM

As of Oct 1, 2024, Cenntro Electric Group Pty's P/S ratio stood at 550.27, a 28,264.43% change from the 1.94 P/S ratio recorded in the previous year.

The Cenntro Electric Group Pty P/S history

Cenntro Electric Group Pty Aktienanalyse

What does Cenntro Electric Group Pty do?

Cenntro Electric Group is a company specializing in the development, production, and marketing of electric vehicles. It was founded in 2013 and is based in Hong Kong. The company's goal is to create environmentally friendly mobility for all by using the latest technologies to develop safe, reliable, and sustainable electric vehicles. Their business model includes producing and selling electric commercial vehicles and developing technologies for other industries. They offer a wide range of electric vehicles for various purposes, including trucks, vans, buses, etc. These vehicles are known for their high quality, reliability, and efficiency, utilizing advanced technologies such as innovative battery systems and remote management systems. Cenntro Electric Group covers multiple markets, producing electric vehicles for logistics, transportation, construction, and agriculture industries. Their vehicles are designed specifically for these sectors, providing an effective solution for the transportation of goods and services. The vehicles offer many advantages, including longer lifespan, quieter operation, no harmful emissions, lower operating costs, and suitability for longer distances. The company also collaborates with other businesses, such as their partnership with LION Smart GmbH, a leading German manufacturer of lithium-ion batteries, to develop more efficient battery solutions for electric vehicles. In the future, Cenntro Electric Group plans to expand its product range, develop new technologies, and increase its presence in international markets. They remain committed to making environmentally friendly mobility accessible to all and contributing to the reduction of air pollution and carbon emissions. Cenntro Electric Group Pty ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Cenntro Electric Group Pty's P/S Ratio

Cenntro Electric Group Pty'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 Cenntro Electric Group Pty'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 Cenntro Electric Group Pty'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 Cenntro Electric Group Pty’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 Cenntro Electric Group Pty stock

What is the price-to-earnings ratio of Cenntro Electric Group Pty?

The price-earnings ratio of Cenntro Electric Group Pty is currently 550.27.

How has the price-earnings ratio of Cenntro Electric Group Pty changed compared to last year?

The price-to-earnings ratio of Cenntro Electric Group Pty has increased by 28,264.43% 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 Cenntro Electric Group Pty high compared to other companies?

Yes, the price-to-earnings ratio of Cenntro Electric Group Pty is high compared to other companies.

How does an increase in the price-earnings ratio of Cenntro Electric Group Pty affect the company?

An increase in the price-earnings ratio of Cenntro Electric Group Pty 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 Cenntro Electric Group Pty affect the company?

A decrease in the price-earnings ratio of Cenntro Electric Group Pty 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 Cenntro Electric Group Pty?

Some factors that influence the price-earnings ratio of Cenntro Electric Group Pty are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cenntro Electric Group Pty pay?

Over the past 12 months, Cenntro Electric Group Pty paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cenntro Electric Group Pty is expected to pay a dividend of 0 USD.

What is the dividend yield of Cenntro Electric Group Pty?

The current dividend yield of Cenntro Electric Group Pty is .

When does Cenntro Electric Group Pty pay dividends?

Cenntro Electric Group Pty pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cenntro Electric Group Pty?

Cenntro Electric Group Pty paid dividends every year for the past 0 years.

What is the dividend of Cenntro Electric Group Pty?

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

In which sector is Cenntro Electric Group Pty located?

Cenntro Electric Group Pty is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Cenntro Electric Group Pty kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cenntro Electric Group Pty from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Cenntro Electric Group Pty pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Cenntro Electric Group Pty in the year 2023?

In the year 2023, Cenntro Electric Group Pty distributed 0 USD as dividends.

In which currency does Cenntro Electric Group Pty pay out the dividend?

The dividends of Cenntro Electric Group Pty are distributed in USD.

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Andere Kennzahlen von Cenntro Electric Group Pty

Our stock analysis for Cenntro Electric Group Pty 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 Cenntro Electric Group Pty Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.