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China Railway Hi-tech Industry Corp Stock

China Railway Hi-tech Industry Corp P/E 2024

China Railway Hi-tech Industry Corp P/E

9.38

Ticker

600528.SS

ISIN

CNE0000017Z3

As of Oct 15, 2024, China Railway Hi-tech Industry Corp's P/E ratio was 9.38, a -32.81% change from the 13.96 P/E ratio recorded in the previous year.

The China Railway Hi-tech Industry Corp P/E history

China Railway Hi-tech Industry Corp Aktienanalyse

What does China Railway Hi-tech Industry Corp do?

China Railway Hi-tech Industry Corp Ltd is a Chinese company specializing in the manufacturing of electronic equipment, automation systems, and railway technology. It was founded in 2004 and is headquartered in Beijing. The company emerged from a merger between Zhuzhou Electric Locomotive Works and Changsha Railway Vehicles Factory, both of which had a long history in the railway technology sector. Since the merger, China Railway Hi-tech Industry Corp Ltd has focused on research and development in railway technology and the production of electronic equipment for the railway industry. Its business model is centered around developing and producing innovative products for the railway industry, including automation systems and electronic equipment for trains. The company is divided into several divisions, such as engineering design and production services, and also has an overseas business exporting its products worldwide. Some of its products include electronic equipment for trains, automated systems for railway operations, and various types of railway vehicles. With its expertise and quality products, China Railway Hi-tech Industry Corp Ltd plays a significant role in the railway industry. China Railway Hi-tech Industry Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Railway Hi-tech Industry Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of China Railway Hi-tech Industry Corp 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 Railway Hi-tech Industry Corp'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 Railway Hi-tech Industry Corp 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 Railway Hi-tech Industry Corp’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 Railway Hi-tech Industry Corp stock

What is the price-to-earnings ratio of China Railway Hi-tech Industry Corp?

The price-earnings ratio of China Railway Hi-tech Industry Corp is currently 9.38.

How has the price-earnings ratio of China Railway Hi-tech Industry Corp changed compared to last year?

The price-to-earnings ratio of China Railway Hi-tech Industry Corp has increased by -32.81% 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 Railway Hi-tech Industry Corp high compared to other companies?

Yes, the price-to-earnings ratio of China Railway Hi-tech Industry Corp is high compared to other companies.

How does an increase in the price-earnings ratio of China Railway Hi-tech Industry Corp affect the company?

An increase in the price-earnings ratio of China Railway Hi-tech Industry Corp 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 Railway Hi-tech Industry Corp affect the company?

A decrease in the price-earnings ratio of China Railway Hi-tech Industry Corp 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 Railway Hi-tech Industry Corp?

Some factors that influence the price-earnings ratio of China Railway Hi-tech Industry Corp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Railway Hi-tech Industry Corp pay?

Over the past 12 months, China Railway Hi-tech Industry Corp paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 1.79 %. For the coming 12 months, China Railway Hi-tech Industry Corp is expected to pay a dividend of 0.15 CNY.

What is the dividend yield of China Railway Hi-tech Industry Corp?

The current dividend yield of China Railway Hi-tech Industry Corp is 1.79 %.

When does China Railway Hi-tech Industry Corp pay dividends?

China Railway Hi-tech Industry Corp pays a quarterly dividend. This is distributed in the months of July, August, September, September.

How secure is the dividend of China Railway Hi-tech Industry Corp?

China Railway Hi-tech Industry Corp paid dividends every year for the past 18 years.

What is the dividend of China Railway Hi-tech Industry Corp?

For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 1.9 %.

In which sector is China Railway Hi-tech Industry Corp located?

China Railway Hi-tech Industry Corp is assigned to the 'Industry' sector.

Wann musste ich die Aktien von China Railway Hi-tech Industry Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Railway Hi-tech Industry Corp from 8/23/2024 amounting to 0.101 CNY, you needed to have the stock in your portfolio before the ex-date on 8/23/2024.

When did China Railway Hi-tech Industry Corp pay the last dividend?

The last dividend was paid out on 8/23/2024.

What was the dividend of China Railway Hi-tech Industry Corp in the year 2023?

In the year 2023, China Railway Hi-tech Industry Corp distributed 0.145 CNY as dividends.

In which currency does China Railway Hi-tech Industry Corp pay out the dividend?

The dividends of China Railway Hi-tech Industry Corp are distributed in CNY.

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Andere Kennzahlen von China Railway Hi-tech Industry Corp

Our stock analysis for China Railway Hi-tech Industry Corp 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 Railway Hi-tech Industry Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.