RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
China Gas Holdings - Stock

China Gas Holdings P/S 2024

China Gas Holdings P/S

0.46

Ticker

384.HK

ISIN

BMG2109G1033

WKN

931817

As of Jul 1, 2024, China Gas Holdings's P/S ratio stood at 0.46, a -14.81% change from the 0.54 P/S ratio recorded in the previous year.

The China Gas Holdings P/S history

China Gas Holdings Aktienanalyse

What does China Gas Holdings do?

China Gas Holdings Ltd. is a leading company in the gas industry, based in Hong Kong. The company was established in 1995 and has been listed on the Hong Kong Stock Exchange since 2006. China Gas Holdings specializes primarily in the supply of gas products and is one of the largest LPG (Liquefied Petroleum Gas) distributors in the Chinese market. Its business model is based on the exploration, production, processing, marketing, and distribution of gas products. The company also operates its own chain of gas stations and supplies gas to end consumers, commercial customers, and industrial companies. Additionally, China Gas also offers consulting services related to gas facilities and installation work. The gas produced by China Gas mainly consists of LPG, LNG (Liquefied Natural Gas), and CNG (Compressed Natural Gas). LPG is a liquid fuel used particularly for heating homes, as fuel for vehicles, and in agriculture. LNG, on the other hand, is a liquefied gas used for transportation and gas network supply. CNG is a compressed gas used for private and public transportation such as buses and taxis. China Gas has various subsidiaries specializing in different areas. One of these subsidiaries is China Gas (Green Energy) Holdings Limited, which specializes in renewable energy and plays a leading role in the Chinese market for biogas and solar energy. The company group also includes China Gas Pipeline Company Limited, which is responsible for the construction and operation of gas pipelines. In recent years, China Gas has made significant investments in expanding its business, increasing its market share in China and other countries. The company has established an extensive presence in Asia, particularly in China and Indonesia, and continues to set ambitious goals for expansion in other regions and markets. In conclusion, China Gas Holdings Ltd. is a company specialized in the production, processing, marketing, and distribution of gas products. With a wide portfolio of gas products and services, the company is an important player in the Chinese market and has invested heavily in its expansion and diversification in recent years. Through its subsidiaries and strong focus on renewable energy, China Gas has achieved a leading position in the gas and energy sector and demonstrates foresight for continued success in the future. China Gas Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Gas Holdings's P/S Ratio

China Gas 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 Gas 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 Gas 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 Gas 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 Gas Holdings Stock

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

The price-earnings ratio of China Gas Holdings is currently 0.46.

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

The price-to-earnings ratio of China Gas Holdings has increased by -14.81% 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 Gas Holdings high compared to other companies?

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

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

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

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

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

How much dividend does China Gas Holdings pay?

Over the past 12 months, China Gas Holdings paid a dividend of 0.5 HKD . This corresponds to a dividend yield of about 7.14 %. For the coming 12 months, China Gas Holdings is expected to pay a dividend of 0.54 HKD.

What is the dividend yield of China Gas Holdings?

The current dividend yield of China Gas Holdings is 7.14 %.

When does China Gas Holdings pay dividends?

China Gas Holdings pays a quarterly dividend. This is distributed in the months of September, February, September, February.

How secure is the dividend of China Gas Holdings?

China Gas Holdings paid dividends every year for the past 25 years.

What is the dividend of China Gas Holdings?

For the upcoming 12 months, dividends amounting to 0.54 HKD are expected. This corresponds to a dividend yield of 7.71 %.

In which sector is China Gas Holdings located?

China Gas Holdings is assigned to the 'Utilities' sector.

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

To receive the latest dividend of China Gas Holdings from 2/2/2024 amounting to 0.15 HKD, you needed to have the stock in your portfolio before the ex-date on 1/4/2024.

When did China Gas Holdings pay the last dividend?

The last dividend was paid out on 2/2/2024.

What was the dividend of China Gas Holdings in the year 2023?

In the year 2023, China Gas Holdings distributed 0.55 HKD as dividends.

In which currency does China Gas Holdings pay out the dividend?

The dividends of China Gas Holdings are distributed in HKD.

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 Gas Holdings

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