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China Nonferrous Gold - Stock

China Nonferrous Gold P/E 2024

China Nonferrous Gold P/E

-10.03

Ticker

CNG.L

ISIN

KYG215771042

WKN

A1W9KL

As of Jun 27, 2024, China Nonferrous Gold's P/E ratio was -10.03, a -98.68% change from the -762 P/E ratio recorded in the previous year.

The China Nonferrous Gold P/E history

China Nonferrous Gold Aktienanalyse

What does China Nonferrous Gold do?

China Nonferrous Gold Ltd (CNG) was founded in 2003 and is a leading Chinese company in the gold and copper mining industry. CNG is a subsidiary of China Nonferrous Metals Company Limited and is headquartered in London. The company's shares are listed on the London Stock Exchange. CNG's business model is focused on the exploration, mining, and processing of gold and copper ores in the Xinjiang province in northwest China. CNG operates a mine called Pakrut in the Tien Shan mountain region. The mine has a reserve of around 1.3 million ounces of gold and 21,000 tons of copper. CNG also operates a refinery where the extracted gold is processed. The company is able to produce both dore and higher-grade fine gold, which is currently mainly sold in China. Another important sector of the company is platinum and palladium mining. CNG owns concession areas in the Sichuan province where the company produces platinum and palladium, primarily used for catalysts in the automotive industry. CNG is also able to produce other precious metals such as silver and lead when they are by-products of gold and copper extraction. The marketing of CNG's products primarily takes place in China. The company has sales agreements with Chinese refineries that purchase the extracted gold and copper. CNG is committed to adhering to the highest standards in terms of environmental and social compatibility, as well as occupational safety, in all aspects of mining. The company has launched various initiatives to minimize its impact on the environment and has built long-term relationships with local communities. Overall, China Nonferrous Gold Ltd is a leading Chinese company in the gold and copper mining industry with a clear focus on the exploration, mining, and processing of precious metals. The company has a well-established mine, a refinery, and operations for the production of platinum and palladium. CNG is also committed to adhering to the highest standards in terms of environmental and social compatibility, as well as occupational safety in all aspects of mining. China Nonferrous Gold ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Nonferrous Gold's P/E Ratio

The Price to Earnings (P/E) Ratio of China Nonferrous Gold 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 Nonferrous Gold'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 Nonferrous Gold 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 Nonferrous Gold’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 Nonferrous Gold Stock

What is the price-to-earnings ratio of China Nonferrous Gold?

The price-earnings ratio of China Nonferrous Gold is currently -10.03.

How has the price-earnings ratio of China Nonferrous Gold changed compared to last year?

The price-to-earnings ratio of China Nonferrous Gold has increased by -98.68% 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 Nonferrous Gold high compared to other companies?

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

How does an increase in the price-earnings ratio of China Nonferrous Gold affect the company?

An increase in the price-earnings ratio of China Nonferrous Gold 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 Nonferrous Gold affect the company?

A decrease in the price-earnings ratio of China Nonferrous Gold 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 Nonferrous Gold?

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

How much dividend does China Nonferrous Gold pay?

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

What is the dividend yield of China Nonferrous Gold?

The current dividend yield of China Nonferrous Gold is .

When does China Nonferrous Gold pay dividends?

China Nonferrous Gold pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Nonferrous Gold?

China Nonferrous Gold paid dividends every year for the past 0 years.

What is the dividend of China Nonferrous Gold?

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 Nonferrous Gold located?

China Nonferrous Gold is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von China Nonferrous Gold kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Nonferrous Gold from 6/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did China Nonferrous Gold pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of China Nonferrous Gold in the year 2023?

In the year 2023, China Nonferrous Gold distributed 0 USD as dividends.

In which currency does China Nonferrous Gold pay out the dividend?

The dividends of China Nonferrous Gold are distributed in USD.

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Andere Kennzahlen von China Nonferrous Gold

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