China Machinery Engineering Stock

China Machinery Engineering P/E 2024

China Machinery Engineering P/E

3.06

Ticker

1829.HK

ISIN

CNE100001NP4

WKN

A1KAFT

As of Aug 21, 2024, China Machinery Engineering's P/E ratio was 3.06, a 0% change from the 0 P/E ratio recorded in the previous year.

The China Machinery Engineering P/E history

China Machinery Engineering Aktienanalyse

What does China Machinery Engineering do?

China Machinery Engineering Corporation (CEMC) is a leading company in the field of industrial manufacturing and infrastructure construction. Founded in 1978, the company has a long history in the development of projects both domestically and abroad. CEMC's business model goes far beyond what is typical for a company. On one hand, CEMC designs and manufactures a wide range of facilities for various industries. On the other hand, the company is also involved in the planning and implementation of infrastructure projects, such as energy and transportation technology, including projects such as power plant and railway construction. The different divisions of the company are divided into the energy, engineering, and construction sectors. The energy division is involved in the development of renewable energy, nuclear power plants, thermal power plants, and hydropower. In the engineering segment, CEMC develops and produces a variety of industrial machinery, such as generators, pumps, and turbines. The construction division includes the planning and execution of infrastructure projects, as well as road, bridge, and tunnel construction. The product range includes crankshaft castings, pumps, turbines, generators, air coolers, electrical segments, and steel structures. However, CEMC also offers products that go beyond the requirements of traditional industries. This includes a special product line for the food industry and medical applications. Furthermore, CEMC places great importance on state-of-the-art technologies and research and development work. The company regularly collaborates with universities and research institutions to improve and further develop its technologies. CEMC's customers come from a variety of industries, such as transportation, electricity, chemicals, mining, and food. Some of the largest customers include China National Petroleum Corporation, Beijing Electric Power Co, China National Chemical Engineering Group, China National Nuclear Corporation, China National Transportation Equipment Co, and many others. Additionally, CEMC operates worldwide and has already successfully implemented many projects in Africa and Asia. Overall, CEMC has become one of the leading companies in China and globally. With its innovative business model and wide product range, exemplary projects are continuously implemented and new projects are undertaken. China Machinery Engineering ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Machinery Engineering's P/E Ratio

The Price to Earnings (P/E) Ratio of China Machinery Engineering is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing China Machinery Engineering's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of China Machinery Engineering is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in China Machinery Engineering’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about China Machinery Engineering stock

What is the price-to-earnings ratio of China Machinery Engineering?

The price-earnings ratio of China Machinery Engineering is currently 3.06.

How has the price-earnings ratio of China Machinery Engineering changed compared to last year?

The price-to-earnings ratio of China Machinery Engineering has increased by 0% increased 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 Machinery Engineering high compared to other companies?

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

How does an increase in the price-earnings ratio of China Machinery Engineering affect the company?

An increase in the price-earnings ratio of China Machinery Engineering 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 Machinery Engineering affect the company?

A decrease in the price-earnings ratio of China Machinery Engineering 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 Machinery Engineering?

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

How much dividend does China Machinery Engineering pay?

Over the past 12 months, China Machinery Engineering paid a dividend of 0.17 CNY . This corresponds to a dividend yield of about 5.68 %. For the coming 12 months, China Machinery Engineering is expected to pay a dividend of 0.49 CNY.

What is the dividend yield of China Machinery Engineering?

The current dividend yield of China Machinery Engineering is 5.68 %.

When does China Machinery Engineering pay dividends?

China Machinery Engineering pays a quarterly dividend. This is distributed in the months of July, July, July, August.

How secure is the dividend of China Machinery Engineering?

China Machinery Engineering paid dividends every year for the past 12 years.

What is the dividend of China Machinery Engineering?

For the upcoming 12 months, dividends amounting to 0.49 CNY are expected. This corresponds to a dividend yield of 15.91 %.

In which sector is China Machinery Engineering located?

China Machinery Engineering is assigned to the 'Industry' sector.

Wann musste ich die Aktien von China Machinery Engineering kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Machinery Engineering from 9/30/2020 amounting to 0.174 CNY, you needed to have the stock in your portfolio before the ex-date on 7/2/2020.

When did China Machinery Engineering pay the last dividend?

The last dividend was paid out on 9/30/2020.

What was the dividend of China Machinery Engineering in the year 2023?

In the year 2023, China Machinery Engineering distributed 0.476 CNY as dividends.

In which currency does China Machinery Engineering pay out the dividend?

The dividends of China Machinery Engineering are distributed in CNY.

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Andere Kennzahlen von China Machinery Engineering

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