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China Grand Automotive Services Group Co Stock

China Grand Automotive Services Group Co P/S 2024

China Grand Automotive Services Group Co P/S

0.08

Ticker

600297.SS

ISIN

CNE000001576

As of Nov 19, 2024, China Grand Automotive Services Group Co's P/S ratio stood at 0.08, a -33.33% change from the 0.12 P/S ratio recorded in the previous year.

The China Grand Automotive Services Group Co P/S history

China Grand Automotive Services Group Co Aktienanalyse

What does China Grand Automotive Services Group Co do?

China Grand Automotive Services Group Co Ltd, also known as "Grand Automotive," is a leading automobile company that focuses on the sales, maintenance, repair, and rental of cars in China. Founded in 1999, the company has developed a wide range of products and services over the years to meet the individual needs of its customers. Through continuous expansion, Grand Automotive has gained a strong position in the Chinese automotive market, with headquarters in Beijing and over 700 sales and service centers nationwide. The company follows a multi-brand system, collaborating closely with leading automakers like Volkswagen, BMW, Ford, and Mercedes-Benz to offer a variety of vehicles, both new and used. In addition to car sales, Grand Automotive also operates car rental and leasing businesses. The company is divided into different business divisions to meet customer requirements, including car sales, after-sales service, and car rental and leasing. Grand Automotive offers a wide range of products and services, including new and used car sales, maintenance and repair services, spare parts, and affordable car rental and leasing options. Conclusion: China Grand Automotive Services Group Co Ltd is a leading company in the Chinese automotive market, offering a wide range of products and services. With a strong presence throughout China and partnerships with various automakers, Grand Automotive ensures that customers can always find what they are looking for. The company also focuses on the car rental and leasing market to ensure customers can rely on their vehicles at all times. China Grand Automotive Services Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Grand Automotive Services Group Co's P/S Ratio

China Grand Automotive Services Group 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 Grand Automotive Services Group 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 Grand Automotive Services Group 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 Grand Automotive Services Group 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 Grand Automotive Services Group Co stock

What is the price-to-earnings ratio of China Grand Automotive Services Group Co?

The price-earnings ratio of China Grand Automotive Services Group Co is currently 0.08.

How has the price-earnings ratio of China Grand Automotive Services Group Co changed compared to last year?

The price-to-earnings ratio of China Grand Automotive Services Group Co has increased by -33.33% 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 Grand Automotive Services Group Co high compared to other companies?

Yes, the price-to-earnings ratio of China Grand Automotive Services Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of China Grand Automotive Services Group Co affect the company?

An increase in the price-earnings ratio of China Grand Automotive Services Group 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 Grand Automotive Services Group Co affect the company?

A decrease in the price-earnings ratio of China Grand Automotive Services Group 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 Grand Automotive Services Group Co?

Some factors that influence the price-earnings ratio of China Grand Automotive Services Group Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Grand Automotive Services Group Co pay?

Over the past 12 months, China Grand Automotive Services Group Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 1.92 %. For the coming 12 months, China Grand Automotive Services Group Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of China Grand Automotive Services Group Co?

The current dividend yield of China Grand Automotive Services Group Co is 1.92 %.

When does China Grand Automotive Services Group Co pay dividends?

China Grand Automotive Services Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, August.

How secure is the dividend of China Grand Automotive Services Group Co?

China Grand Automotive Services Group Co paid dividends every year for the past 3 years.

What is the dividend of China Grand Automotive Services Group Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 2.71 %.

In which sector is China Grand Automotive Services Group Co located?

China Grand Automotive Services Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von China Grand Automotive Services Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Grand Automotive Services Group Co from 7/11/2019 amounting to 0.015 CNY, you needed to have the stock in your portfolio before the ex-date on 7/11/2019.

When did China Grand Automotive Services Group Co pay the last dividend?

The last dividend was paid out on 7/11/2019.

What was the dividend of China Grand Automotive Services Group Co in the year 2023?

In the year 2023, China Grand Automotive Services Group Co distributed 0 CNY as dividends.

In which currency does China Grand Automotive Services Group Co pay out the dividend?

The dividends of China Grand Automotive Services Group Co are distributed in CNY.

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Andere Kennzahlen von China Grand Automotive Services Group Co

Our stock analysis for China Grand Automotive Services Group 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 Grand Automotive Services Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.