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China Fortune Land Development Co Stock

China Fortune Land Development Co P/S 2024

China Fortune Land Development Co P/S

0.24

Ticker

600340.SS

ISIN

CNE000001GG8

As of Nov 20, 2024, China Fortune Land Development Co's P/S ratio stood at 0.24, a -41.46% change from the 0.41 P/S ratio recorded in the previous year.

The China Fortune Land Development Co P/S history

China Fortune Land Development Co Aktienanalyse

What does China Fortune Land Development Co do?

China Fortune Land Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Fortune Land Development Co's P/S Ratio

China Fortune Land Development 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 Fortune Land Development 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 Fortune Land Development 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 Fortune Land Development 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 Fortune Land Development Co stock

What is the price-to-earnings ratio of China Fortune Land Development Co?

The price-earnings ratio of China Fortune Land Development Co is currently 0.24.

How has the price-earnings ratio of China Fortune Land Development Co changed compared to last year?

The price-to-earnings ratio of China Fortune Land Development Co has increased by -41.46% 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 Fortune Land Development Co high compared to other companies?

Yes, the price-to-earnings ratio of China Fortune Land Development Co is high compared to other companies.

How does an increase in the price-earnings ratio of China Fortune Land Development Co affect the company?

An increase in the price-earnings ratio of China Fortune Land Development 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 Fortune Land Development Co affect the company?

A decrease in the price-earnings ratio of China Fortune Land Development 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 Fortune Land Development Co?

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

How much dividend does China Fortune Land Development Co pay?

Over the past 12 months, China Fortune Land Development Co paid a dividend of 1.15 CNY . This corresponds to a dividend yield of about 40.34 %. For the coming 12 months, China Fortune Land Development Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of China Fortune Land Development Co?

The current dividend yield of China Fortune Land Development Co is 40.34 %.

When does China Fortune Land Development Co pay dividends?

China Fortune Land Development Co pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of China Fortune Land Development Co?

China Fortune Land Development Co paid dividends every year for the past 0 years.

What is the dividend of China Fortune Land Development 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 Fortune Land Development Co located?

China Fortune Land Development Co is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von China Fortune Land Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Fortune Land Development Co from 7/10/2020 amounting to 1.154 CNY, you needed to have the stock in your portfolio before the ex-date on 7/10/2020.

When did China Fortune Land Development Co pay the last dividend?

The last dividend was paid out on 7/10/2020.

What was the dividend of China Fortune Land Development Co in the year 2023?

In the year 2023, China Fortune Land Development Co distributed 0 CNY as dividends.

In which currency does China Fortune Land Development Co pay out the dividend?

The dividends of China Fortune Land Development Co are distributed in CNY.

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Andere Kennzahlen von China Fortune Land Development Co

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