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China Natural Gas - Stock

China Natural Gas P/S 2024

China Natural Gas P/S

0.13

Ticker

CHNGQ

ISIN

US1689102069

As of Jun 29, 2024, China Natural Gas's P/S ratio stood at 0.13, a -18.75% change from the 0.16 P/S ratio recorded in the previous year.

The China Natural Gas P/S history

China Natural Gas Aktienanalyse

What does China Natural Gas do?

China Natural Gas Inc. (CNG) is one of the leading companies in the Chinese energy and gas market. The company is headquartered in Xi'an, the capital of Shaanxi province, and operates in 34 Chinese cities. In recent years, the company has also expanded overseas, including in the United States. CNG was founded in 2003 as Chinese economic growth generated additional demand for environmentally friendly energy. The company initially focused on providing liquefied natural gas (LNG) to customers such as commercial and industrial companies, as well as households. In recent years, the company has invested in compressed natural gas (CNG) processing, which is primarily used in the transportation sector. The company's business model encompasses the entire value chain of the gas industry, from exploration and production to processing and distribution channels, all the way to the end consumer. CNG operates in four main sectors: LNG distribution, CNG distribution, natural gas projects, and gas appliances. CNG is the largest provider of LNG in China. The company operates a number of LNG stations, including the first public station in Beijing in 2006. The company is also involved in supplying LNG to commercial and industrial companies that use it as an alternative to diesel and gasoline-powered machinery and vehicles. CNG has also invested in the production and distribution of CNG, which is used as an alternative to gasoline and diesel in the transportation sector. CNG is more environmentally friendly and cost-effective than traditional fossil fuels. CNG operates over 120 public CNG stations throughout China. CNG also focuses on the exploration, production, and processing of natural gas in China. The company plans to significantly increase its natural gas production in the coming years to meet the rising demand in China. CNG also produces gas appliances such as gas stoves, gas heaters, and gas boilers that can be installed in homes and commercial properties. These appliances are more environmentally friendly and cost-effective than traditional coal or electric-operated ovens and heaters. CNG offers a wide range of products for various applications, including LNG for commercial and industrial companies as well as households, CNG for the transportation sector, natural gas for power generation and distribution, as well as the petrochemical industry, and gas appliances such as gas stoves, gas heaters, and gas boilers. In conclusion, China Natural Gas Inc. is a significant player in the Chinese energy and gas market. The company operates in various sectors, including LNG and CNG distribution, natural gas projects, and gas appliances. It has invested significantly in the production and distribution of environmentally friendly energy and is expected to continue to grow in the coming years. China Natural Gas ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Natural Gas's P/S Ratio

China Natural Gas'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 Natural Gas'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 Natural Gas'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 Natural Gas’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 Natural Gas Stock

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

The price-earnings ratio of China Natural Gas is currently 0.13.

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

The price-to-earnings ratio of China Natural Gas has increased by -18.75% 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 Natural Gas high compared to other companies?

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

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

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

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

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

How much dividend does China Natural Gas pay?

Over the past 12 months, China Natural Gas paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, China Natural Gas is expected to pay a dividend of 0 USD.

What is the dividend yield of China Natural Gas?

The current dividend yield of China Natural Gas is .

When does China Natural Gas pay dividends?

China Natural Gas pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Natural Gas?

China Natural Gas paid dividends every year for the past 0 years.

What is the dividend of China Natural Gas?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is China Natural Gas located?

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

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

To receive the latest dividend of China Natural Gas from 6/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/29/2024.

When did China Natural Gas pay the last dividend?

The last dividend was paid out on 6/29/2024.

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

In the year 2023, China Natural Gas distributed 0 USD as dividends.

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

The dividends of China Natural Gas are distributed in USD.

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Andere Kennzahlen von China Natural Gas

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