RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
China Evergrande New Energy Vehicle Group Stock

China Evergrande New Energy Vehicle Group P/S 2024

China Evergrande New Energy Vehicle Group P/S

23.46

Ticker

708.HK

ISIN

HK0000264595

WKN

A14Y51

As of Dec 20, 2024, China Evergrande New Energy Vehicle Group's P/S ratio stood at 23.46, a -89.66% change from the 226.96 P/S ratio recorded in the previous year.

The China Evergrande New Energy Vehicle Group P/S history

China Evergrande New Energy Vehicle Group Aktienanalyse

What does China Evergrande New Energy Vehicle Group do?

China Evergrande New Energy Vehicle Group Ltd is a Chinese company specializing in the production of electric vehicles. It was established in 2018 as a subsidiary of Evergrande Group and is headquartered in Shenzhen, China. The business model of China Evergrande New Energy Vehicle Group Ltd is based on two pillars: on one hand, there is the production and sale of electric vehicles under its own brand, and on the other hand, the company invests in the development and production of components for electric vehicles. Currently, the production line of China Evergrande New Energy Vehicle Group Ltd includes five models: Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, and Hengchi 5. In addition to modern technology, the company focuses on luxury and comfort within the Hengchi product range. The company has also announced plans to launch additional models in the future. In addition to vehicle production, China Evergrande New Energy Vehicle Group Ltd also focuses on the production of components for electric vehicles. These components include batteries, electric motors, chassis systems, and other electronic components. Furthermore, the company is investing in the development of charging infrastructure and has announced plans to build over 1 million charging stations. The various divisions of China Evergrande New Energy Vehicle Group Ltd include R&D, production, and sales. The company continuously invests in research and development to bring innovative technologies and products to the market. In 2020, the company invested 32 billion RMB in product development. To make production more efficient, the company has also invested in automation technology, robotics, and intelligent manufacturing. China Evergrande New Energy Vehicle Group Ltd has established a comprehensive distribution network to distribute vehicles and components worldwide. The company has set up branches in over 30 countries and regions and collaborates with more than 200 distribution partners. Despite its young age and ambitious goals, China Evergrande New Energy Vehicle Group Ltd has gained a considerable reputation in the industry. The company has already won several international awards, including the "Golden Stevie Award" in the category of "Most Innovative Company of the Year," the "Red Dot Design Award," and the "German Design Award." In particular, the Hengchi product range aims to compete in the luxury class with its modern technology, innovative design, and high comfort. In conclusion, China Evergrande New Energy Vehicle Group Ltd is an emerging company focused on the production of electric vehicles and providing components. The company has an ambitious vision based on innovation, high-quality technology, and luxury, and plans to establish itself as a global player in the electrification of the automotive industry. China Evergrande New Energy Vehicle Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Evergrande New Energy Vehicle Group's P/S Ratio

China Evergrande New Energy Vehicle Group'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 Evergrande New Energy Vehicle Group'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 Evergrande New Energy Vehicle Group'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 Evergrande New Energy Vehicle Group’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 Evergrande New Energy Vehicle Group stock

What is the price-to-earnings ratio of China Evergrande New Energy Vehicle Group?

The price-earnings ratio of China Evergrande New Energy Vehicle Group is currently 23.46.

How has the price-earnings ratio of China Evergrande New Energy Vehicle Group changed compared to last year?

The price-to-earnings ratio of China Evergrande New Energy Vehicle Group has increased by -89.66% 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 Evergrande New Energy Vehicle Group high compared to other companies?

Yes, the price-to-earnings ratio of China Evergrande New Energy Vehicle Group is high compared to other companies.

How does an increase in the price-earnings ratio of China Evergrande New Energy Vehicle Group affect the company?

An increase in the price-earnings ratio of China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group affect the company?

A decrease in the price-earnings ratio of China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group?

Some factors that influence the price-earnings ratio of China Evergrande New Energy Vehicle Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Evergrande New Energy Vehicle Group pay?

Over the past 12 months, China Evergrande New Energy Vehicle Group paid a dividend of 0 CNY . This corresponds to a dividend yield of about 0.19 %. For the coming 12 months, China Evergrande New Energy Vehicle Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of China Evergrande New Energy Vehicle Group?

The current dividend yield of China Evergrande New Energy Vehicle Group is 0.19 %.

When does China Evergrande New Energy Vehicle Group pay dividends?

China Evergrande New Energy Vehicle Group pays a quarterly dividend. This is distributed in the months of April, January, April, January.

How secure is the dividend of China Evergrande New Energy Vehicle Group?

China Evergrande New Energy Vehicle Group paid dividends every year for the past 0 years.

What is the dividend of China Evergrande New Energy Vehicle Group?

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 Evergrande New Energy Vehicle Group located?

China Evergrande New Energy Vehicle Group is assigned to the 'Health' sector.

Wann musste ich die Aktien von China Evergrande New Energy Vehicle Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Evergrande New Energy Vehicle Group from 12/17/2014 amounting to 0.001 CNY, you needed to have the stock in your portfolio before the ex-date on 12/4/2014.

When did China Evergrande New Energy Vehicle Group pay the last dividend?

The last dividend was paid out on 12/17/2014.

What was the dividend of China Evergrande New Energy Vehicle Group in the year 2023?

In the year 2023, China Evergrande New Energy Vehicle Group distributed 0 CNY as dividends.

In which currency does China Evergrande New Energy Vehicle Group pay out the dividend?

The dividends of China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group

Our stock analysis for China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.