China Conch Venture Holdings Stock

China Conch Venture Holdings P/S 2024

China Conch Venture Holdings P/S

1.33

Ticker

586.HK

ISIN

KYG2116J1085

WKN

A1XA3Q

As of Sep 9, 2024, China Conch Venture Holdings's P/S ratio stood at 1.33, a -33.83% change from the 2.01 P/S ratio recorded in the previous year.

The China Conch Venture Holdings P/S history

China Conch Venture Holdings Aktienanalyse

What does China Conch Venture Holdings do?

China Conch Venture Holdings Ltd is a Chinese company based in Anhui, founded in 1997. It is one of the largest cement companies in the world and has a strong presence in the cement industry. The company is also involved in other areas such as resource recycling, environmental protection, energy saving, renewable energy, and infrastructure. The cement business is and remains the core business of Conch Venture. The company specializes in the production of high-quality varieties of Portland cement. It has several cement plants in China, including in Hong Kong. In addition, the company is active in China and internationally with products such as dry mortar, limestone, and clinker, mainly serving large construction companies. Conch Venture places a strong emphasis on research and development to continuously improve the quality and performance of its products. A modernized manufacturing process with high technical level and high automation, as well as efficient logistics and transportation processes, complete the company's business model. In addition to the cement business, Conch Venture is also committed to the environment and energy saving potential, expanding its portfolio in areas such as recycling and renewable energy. When producing cement, it is rare for waste products to be generated or reused. To recycle these waste products, Conch Venture has established a recycling department dedicated to efficient and environmentally friendly waste management. Furthermore, Conch Venture is also active in the solar energy sector. The company has built and successfully operates solar parks in several provinces in China. It is expected that this business sector will continue to establish itself more strongly in the future. The company also plays an important role in infrastructure. In China, Conch Venture has successfully participated in several major infrastructure projects such as highways and railway lines. In addition, the company holds a 50% stake in the Suzhou-Changshu Highway and several other road construction projects. Conch Venture's portfolio is therefore very diverse, which gives the company a solid and stable foundation. The products and services of Conch Venture are used in many parts of the world, and their quality is internationally recognized. Overall, China Conch Venture Holdings Ltd is a company that strongly focuses on growth and diversification. It has a solid infrastructure and is involved in many important industries. The future development of the company will remain interesting as it strives to increasingly use innovative technologies and explore new business fields. China Conch Venture Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Conch Venture Holdings's P/S Ratio

China Conch Venture Holdings'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 Conch Venture Holdings'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 Conch Venture Holdings'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 Conch Venture Holdings’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 Conch Venture Holdings stock

What is the price-to-earnings ratio of China Conch Venture Holdings?

The price-earnings ratio of China Conch Venture Holdings is currently 1.33.

How has the price-earnings ratio of China Conch Venture Holdings changed compared to last year?

The price-to-earnings ratio of China Conch Venture Holdings has increased by -33.83% 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 Conch Venture Holdings high compared to other companies?

Yes, the price-to-earnings ratio of China Conch Venture Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of China Conch Venture Holdings affect the company?

An increase in the price-earnings ratio of China Conch Venture Holdings 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 Conch Venture Holdings affect the company?

A decrease in the price-earnings ratio of China Conch Venture Holdings 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 Conch Venture Holdings?

Some factors that influence the price-earnings ratio of China Conch Venture Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Conch Venture Holdings pay?

Over the past 12 months, China Conch Venture Holdings paid a dividend of 0.4 CNY . This corresponds to a dividend yield of about 7.6 %. For the coming 12 months, China Conch Venture Holdings is expected to pay a dividend of 0.53 CNY.

What is the dividend yield of China Conch Venture Holdings?

The current dividend yield of China Conch Venture Holdings is 7.6 %.

When does China Conch Venture Holdings pay dividends?

China Conch Venture Holdings pays a quarterly dividend. This is distributed in the months of July, July, July, August.

How secure is the dividend of China Conch Venture Holdings?

China Conch Venture Holdings paid dividends every year for the past 13 years.

What is the dividend of China Conch Venture Holdings?

For the upcoming 12 months, dividends amounting to 0.53 CNY are expected. This corresponds to a dividend yield of 9.98 %.

In which sector is China Conch Venture Holdings located?

China Conch Venture Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von China Conch Venture Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Conch Venture Holdings from 7/26/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 7/4/2024.

When did China Conch Venture Holdings pay the last dividend?

The last dividend was paid out on 7/26/2024.

What was the dividend of China Conch Venture Holdings in the year 2023?

In the year 2023, China Conch Venture Holdings distributed 0.7 CNY as dividends.

In which currency does China Conch Venture Holdings pay out the dividend?

The dividends of China Conch Venture Holdings are distributed in CNY.

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Andere Kennzahlen von China Conch Venture Holdings

Our stock analysis for China Conch Venture Holdings 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 Conch Venture Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.