China Automotive Engineering Research Institute Co Stock

China Automotive Engineering Research Institute Co P/E 2024

China Automotive Engineering Research Institute Co P/E

19.61

Ticker

601965.SS

ISIN

CNE100001FM7

As of Sep 10, 2024, China Automotive Engineering Research Institute Co's P/E ratio was 19.61, a -15.62% change from the 23.24 P/E ratio recorded in the previous year.

The China Automotive Engineering Research Institute Co P/E history

China Automotive Engineering Research Institute Co Aktienanalyse

What does China Automotive Engineering Research Institute Co do?

The China Automotive Engineering Research Institute Co Ltd is a Chinese company specializing in the development and research of automotive technology, transportation planning, and the provision of technical services and consulting. It was founded in 1953 and is a subsidiary of the China National Machinery Industry Corporation (Sinomach). The company's business model includes three divisions. The first division focuses on technology development and the manufacturing of machinery and equipment. The company primarily produces vehicles for road, rail, air, and sea transportation, including trucks, buses, cars, trains, airplanes, and ships. These vehicles are produced for both the Chinese market and for export. The second division provides technical support and services to governments and other companies involved in the construction of highways, railways, airports, and ports. These services include planning, construction, technical consulting, and maintenance of the facilities and projects. The third division includes business related to passenger information and ticket vending machines, insurance and financial services, power supply equipment, and environmental technology services. In recent years, the China Automotive Engineering Research Institute Co Ltd has become a leading company in the automotive and transportation industry in China. The company has a strong position in the Chinese market and consistently secures contracts both domestically and internationally. For example, the company is involved in supporting the construction of the new Beijing airport. Research and development is an important part of the company. They have established their own research institute specializing in traffic technology and environmental protection. The company invests a significant amount of money in researching and developing new products and technologies, including alternative fuels and autonomous vehicles. Additionally, the company promotes collaboration with other firms and institutions on a national and international level. They have partnered with the German company Messe München to organize the China-Euro Vehicle Technology Forum, which aims to promote collaboration and exchange between China and Europe in the automotive industry. In summary, the China Automotive Engineering Research Institute Co Ltd is a Chinese company specializing in research and development, manufacturing, and technical consulting and services in the automotive and transportation industry. It is a subsidiary of Sinomach and has a strong presence in both domestic and international markets. Collaboration with other institutions and companies, as well as research and development of new technologies, are important aspects of the company's operations. China Automotive Engineering Research Institute Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Automotive Engineering Research Institute Co's P/E Ratio

The Price to Earnings (P/E) Ratio of China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute Co stock

What is the price-to-earnings ratio of China Automotive Engineering Research Institute Co?

The price-earnings ratio of China Automotive Engineering Research Institute Co is currently 19.61.

How has the price-earnings ratio of China Automotive Engineering Research Institute Co changed compared to last year?

The price-to-earnings ratio of China Automotive Engineering Research Institute Co has increased by -15.62% 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 China Automotive Engineering Research Institute Co high compared to other companies?

Yes, the price-to-earnings ratio of China Automotive Engineering Research Institute Co is high compared to other companies.

How does an increase in the price-earnings ratio of China Automotive Engineering Research Institute Co affect the company?

An increase in the price-earnings ratio of China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute Co affect the company?

A decrease in the price-earnings ratio of China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute Co?

Some factors that influence the price-earnings ratio of China Automotive Engineering Research Institute Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Automotive Engineering Research Institute Co pay?

Over the past 12 months, China Automotive Engineering Research Institute Co paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 1.81 %. For the coming 12 months, China Automotive Engineering Research Institute Co is expected to pay a dividend of 0.32 CNY.

What is the dividend yield of China Automotive Engineering Research Institute Co?

The current dividend yield of China Automotive Engineering Research Institute Co is 1.81 %.

When does China Automotive Engineering Research Institute Co pay dividends?

China Automotive Engineering Research Institute Co pays a quarterly dividend. This is distributed in the months of August, September, August, August.

How secure is the dividend of China Automotive Engineering Research Institute Co?

China Automotive Engineering Research Institute Co paid dividends every year for the past 14 years.

What is the dividend of China Automotive Engineering Research Institute Co?

For the upcoming 12 months, dividends amounting to 0.32 CNY are expected. This corresponds to a dividend yield of 1.93 %.

In which sector is China Automotive Engineering Research Institute Co located?

China Automotive Engineering Research Institute Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von China Automotive Engineering Research Institute Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Automotive Engineering Research Institute Co from 7/18/2024 amounting to 0.33 CNY, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.

When did China Automotive Engineering Research Institute Co pay the last dividend?

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

What was the dividend of China Automotive Engineering Research Institute Co in the year 2023?

In the year 2023, China Automotive Engineering Research Institute Co distributed 0.3 CNY as dividends.

In which currency does China Automotive Engineering Research Institute Co pay out the dividend?

The dividends of China Automotive Engineering Research Institute Co are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.