China Railway Hi-tech Industry Corp Stock

China Railway Hi-tech Industry Corp P/S 2024

China Railway Hi-tech Industry Corp P/S

0.55

Ticker

600528.SS

ISIN

CNE0000017Z3

As of Sep 6, 2024, China Railway Hi-tech Industry Corp's P/S ratio stood at 0.55, a -27.63% change from the 0.76 P/S ratio recorded in the previous year.

The China Railway Hi-tech Industry Corp P/S 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/S Details

Decoding China Railway Hi-tech Industry Corp's P/S Ratio

China Railway Hi-tech Industry Corp'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 Railway Hi-tech Industry Corp'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 Railway Hi-tech Industry Corp'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 Railway Hi-tech Industry Corp’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 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 0.55.

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 -27.63% 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 . This corresponds to a dividend yield of about . 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 .

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 2.3 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.