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China CITIC Financial Asset Management Co Stock

China CITIC Financial Asset Management Co P/S 2024

China CITIC Financial Asset Management Co P/S

0.39

Ticker

2799.HK

ISIN

CNE100002367

WKN

A142P8

As of Nov 3, 2024, China CITIC Financial Asset Management Co's P/S ratio stood at 0.39, a -50.63% change from the 0.79 P/S ratio recorded in the previous year.

The China CITIC Financial Asset Management Co P/S history

China CITIC Financial Asset Management Co Aktienanalyse

What does China CITIC Financial Asset Management Co do?

China Huarong Asset Management Co Ltd was founded in Hong Kong in 1999 and is now one of the largest asset managers in China. The company specializes in managing distressed assets and thus supports the stabilization of the financial system in China. China CITIC Financial Asset Management Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China CITIC Financial Asset Management Co's P/S Ratio

China CITIC Financial Asset Management Co'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 China CITIC Financial Asset Management Co'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 China CITIC Financial Asset Management Co'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 China CITIC Financial Asset Management Co’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 China CITIC Financial Asset Management Co stock

What is the price-to-earnings ratio of China CITIC Financial Asset Management Co?

The price-earnings ratio of China CITIC Financial Asset Management Co is currently 0.39.

How has the price-earnings ratio of China CITIC Financial Asset Management Co changed compared to last year?

The price-to-earnings ratio of China CITIC Financial Asset Management Co has increased by -50.63% 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 CITIC Financial Asset Management Co high compared to other companies?

Yes, the price-to-earnings ratio of China CITIC Financial Asset Management Co is high compared to other companies.

How does an increase in the price-earnings ratio of China CITIC Financial Asset Management Co affect the company?

An increase in the price-earnings ratio of China CITIC Financial Asset Management 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 CITIC Financial Asset Management Co affect the company?

A decrease in the price-earnings ratio of China CITIC Financial Asset Management 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 CITIC Financial Asset Management Co?

Some factors that influence the price-earnings ratio of China CITIC Financial Asset Management Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China CITIC Financial Asset Management Co pay?

Over the past 12 months, China CITIC Financial Asset Management Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 1.82 %. For the coming 12 months, China CITIC Financial Asset Management Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of China CITIC Financial Asset Management Co?

The current dividend yield of China CITIC Financial Asset Management Co is 1.82 %.

When does China CITIC Financial Asset Management Co pay dividends?

China CITIC Financial Asset Management Co pays a quarterly dividend. This is distributed in the months of June, May, July, August.

How secure is the dividend of China CITIC Financial Asset Management Co?

China CITIC Financial Asset Management Co paid dividends every year for the past 2 years.

What is the dividend of China CITIC Financial Asset Management Co?

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

In which sector is China CITIC Financial Asset Management Co located?

China CITIC Financial Asset Management Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von China CITIC Financial Asset Management Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China CITIC Financial Asset Management Co from 8/31/2020 amounting to 0.011 CNY, you needed to have the stock in your portfolio before the ex-date on 7/3/2020.

When did China CITIC Financial Asset Management Co pay the last dividend?

The last dividend was paid out on 8/31/2020.

What was the dividend of China CITIC Financial Asset Management Co in the year 2023?

In the year 2023, China CITIC Financial Asset Management Co distributed 0 CNY as dividends.

In which currency does China CITIC Financial Asset Management Co pay out the dividend?

The dividends of China CITIC Financial Asset Management Co are distributed in CNY.

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Andere Kennzahlen von China CITIC Financial Asset Management Co

Our stock analysis for China CITIC Financial Asset Management 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 China CITIC Financial Asset Management Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.