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Chaozhou Three-circle Group Co Stock

Chaozhou Three-circle Group Co P/E 2024

Chaozhou Three-circle Group Co P/E

26.69

Ticker

300408.SZ

ISIN

CNE100001Y42

As of Nov 8, 2024, Chaozhou Three-circle Group Co's P/E ratio was 26.69, a -26.8% change from the 36.46 P/E ratio recorded in the previous year.

The Chaozhou Three-circle Group Co P/E history

Chaozhou Three-circle Group Co Aktienanalyse

What does Chaozhou Three-circle Group Co do?

The Chaozhou Three-circle Group Co Ltd is a company with a diverse business field. The company is based in Chaozhou, Guangdong, China and was founded in 2003. In recent years, Chaozhou Three-circle Group Co Ltd has undergone impressive development and is now one of the most well-known and successful companies in the region. This article presents the history, business model, different divisions, and products offered by the company. History: The company Chaozhou Three-circle Group Co Ltd was founded in 2003 by some local entrepreneurs. In the early years, the company focused on manufacturing sanitary products and fittings. However, over the years, the company has developed into a leading manufacturer of stainless steel products in China. Today, the company has more than 1,000 employees and over 10,000 square meters of production area. The company also has a research and development team that continuously develops new products and improves the quality of existing products. Business Model: The business model of Chaozhou Three-circle Group Co Ltd is based on three pillars: research and development, manufacturing, and distribution. The company develops and manufactures high-quality sanitary products, fittings, and stainless steel products for use in industries, commercial establishments, and households. The company has multiple production facilities that produce a wide range of products. To maintain a stable customer portfolio, the company has established existing partnerships with retailers and distribution partners. Another important element of the business model is continuous investment in research and development to develop innovative products that meet customer needs. Divisions: Chaozhou Three-circle Group Co Ltd is divided into different divisions, each producing different products. The main divisions include: 1. Sanitary Products: The company produces a wide range of sanitary products, including toilets, sinks, and bathtubs. The products are known for their high quality and appealing design. 2. Fittings: The company produces a wide range of fittings, including faucets, showerheads, and handheld showers. The products are available in various sizes and designs. 3. Stainless Steel Products: The company produces a wide range of stainless steel products, including kitchen utensils, cookware, and cutlery. The products are known for their durability and quality. Products: The company offers a wide selection of products suitable for various applications. Here are some of the main products offered by the company: 1. Toilets: The company produces different types of toilets, including wall-mounted toilets and floor-standing toilets. The products are available in various sizes and designs. 2. Sinks: The company produces different types of sinks, including wall-mounted sinks and freestanding sinks. The products are available in various sizes and designs. 3. Faucets: The company produces a wide range of faucets, including single-handle mixers and dual-handle faucets. The products are available in various sizes and designs. 4. Stainless Steel Products: The company produces a wide range of stainless steel products, including kitchen utensils, cookware, and cutlery. The products are known for their durability and quality. 5. Showerheads: The company produces a wide range of showerheads and handheld showers. The products are available in various sizes and designs. Conclusion: Chaozhou Three-circle Group Co Ltd is a successful company with a wide range of products. With its focus on research and development and innovative products, the company has undergone impressive development and is now one of the leading companies in China. The company offers high-quality sanitary products, fittings, and stainless steel products that meet customer needs. The company has also built a strong customer base based on decades-long partnerships. Chaozhou Three-circle Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Chaozhou Three-circle Group Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Chaozhou Three-circle Group Co 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 Chaozhou Three-circle Group Co'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 Chaozhou Three-circle Group Co 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 Chaozhou Three-circle Group Co’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 Chaozhou Three-circle Group Co stock

What is the price-to-earnings ratio of Chaozhou Three-circle Group Co?

The price-earnings ratio of Chaozhou Three-circle Group Co is currently 26.69.

How has the price-earnings ratio of Chaozhou Three-circle Group Co changed compared to last year?

The price-to-earnings ratio of Chaozhou Three-circle Group Co has increased by -26.8% 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 Chaozhou Three-circle Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Chaozhou Three-circle Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Chaozhou Three-circle Group Co affect the company?

An increase in the price-earnings ratio of Chaozhou Three-circle Group 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 Chaozhou Three-circle Group Co affect the company?

A decrease in the price-earnings ratio of Chaozhou Three-circle Group 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 Chaozhou Three-circle Group Co?

Some factors that influence the price-earnings ratio of Chaozhou Three-circle Group Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Chaozhou Three-circle Group Co pay?

Over the past 12 months, Chaozhou Three-circle Group Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 0.66 %. For the coming 12 months, Chaozhou Three-circle Group Co is expected to pay a dividend of 0.26 CNY.

What is the dividend yield of Chaozhou Three-circle Group Co?

The current dividend yield of Chaozhou Three-circle Group Co is 0.66 %.

When does Chaozhou Three-circle Group Co pay dividends?

Chaozhou Three-circle Group Co pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of Chaozhou Three-circle Group Co?

Chaozhou Three-circle Group Co paid dividends every year for the past 12 years.

What is the dividend of Chaozhou Three-circle Group Co?

For the upcoming 12 months, dividends amounting to 0.26 CNY are expected. This corresponds to a dividend yield of 0.7 %.

In which sector is Chaozhou Three-circle Group Co located?

Chaozhou Three-circle Group Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Chaozhou Three-circle Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chaozhou Three-circle Group Co from 7/9/2024 amounting to 0.28 CNY, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Chaozhou Three-circle Group Co pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Chaozhou Three-circle Group Co in the year 2023?

In the year 2023, Chaozhou Three-circle Group Co distributed 0.32 CNY as dividends.

In which currency does Chaozhou Three-circle Group Co pay out the dividend?

The dividends of Chaozhou Three-circle Group Co are distributed in CNY.

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Andere Kennzahlen von Chaozhou Three-circle Group Co

Our stock analysis for Chaozhou Three-circle Group 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 Chaozhou Three-circle Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.