China Cinda Asset Management Co Stock

China Cinda Asset Management Co P/S 2024

China Cinda Asset Management Co P/S

0.34

Ticker

1359.HK

ISIN

CNE100001QS1

WKN

A1W929

As of Sep 21, 2024, China Cinda Asset Management Co's P/S ratio stood at 0.34, a -35.85% change from the 0.53 P/S ratio recorded in the previous year.

The China Cinda Asset Management Co P/S history

China Cinda Asset Management Co Aktienanalyse

What does China Cinda Asset Management Co do?

China Cinda Asset Management Co Ltd is a China-based company specializing in the management of distressed assets and the provision of financial services. The company was founded in 1999 and has since become one of the key players in the Chinese financial sector. China Cinda's business model is based on the acquisition and management of distressed assets, particularly non-performing loans. The company acquires these bad loans from Chinese banks at a discounted price and then seeks to collect the debts from the borrowers. The collection of these debts is often challenging and requires specialized knowledge in loan acquisition and debt collection strategies. This is where China Cinda's expertise comes into play, as it specializes in effectively managing such assets. China Cinda has various divisions, with the most important being the loan division and the asset management division. In the loan division, the company acquires and manages non-performing loans to achieve high returns. At the same time, China Cinda works closely with banks to find solutions for distressed loans and promote the financial stability of the banking sector. China Cinda's asset management division offers various investment products, including funds, real estate funds, and other asset management services. These products are primarily designed for institutional clients such as pension funds and insurance companies that want to diversify their risk and stabilize their portfolios. As one of the largest asset management companies in China, China Cinda is seen by many investors as an important indicator of the country's economic strength. The company is headquartered in Beijing and has branches in many Chinese cities, as well as Hong Kong and Singapore. In summary, China Cinda Asset Management Co Ltd has become a key player in the Chinese financial sector through its expertise in managing distressed assets and providing asset management services. With various products and services, China Cinda offers its clients opportunities to diversify their portfolios and improve their financial stability. The company is an important indicator of China's economic strength, and its growth in recent years shows that it will continue to play a significant role in the Chinese financial sector in the future. China Cinda Asset Management Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Cinda Asset Management Co's P/S Ratio

China Cinda 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 Cinda 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 Cinda 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 Cinda 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 Cinda Asset Management Co stock

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

The price-earnings ratio of China Cinda Asset Management Co is currently 0.34.

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

The price-to-earnings ratio of China Cinda Asset Management Co has increased by -35.85% 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 Cinda Asset Management Co high compared to other companies?

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

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

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

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

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

How much dividend does China Cinda Asset Management Co pay?

Over the past 12 months, China Cinda Asset Management Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 10.18 %. For the coming 12 months, China Cinda Asset Management Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of China Cinda Asset Management Co?

The current dividend yield of China Cinda Asset Management Co is 10.18 %.

When does China Cinda Asset Management Co pay dividends?

China Cinda Asset Management Co pays a quarterly dividend. This is distributed in the months of July, July, July, August.

How secure is the dividend of China Cinda Asset Management Co?

China Cinda Asset Management Co paid dividends every year for the past 12 years.

What is the dividend of China Cinda Asset Management Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 10.29 %.

In which sector is China Cinda Asset Management Co located?

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

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

To receive the latest dividend of China Cinda Asset Management Co from 8/16/2024 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.

When did China Cinda Asset Management Co pay the last dividend?

The last dividend was paid out on 8/16/2024.

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

In the year 2023, China Cinda Asset Management Co distributed 0.111 CNY as dividends.

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

The dividends of China Cinda Asset Management 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.

Andere Kennzahlen von China Cinda Asset Management Co

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