RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
China Wire & Cable Co Stock

China Wire & Cable Co P/S 2024

China Wire & Cable Co P/S

1.08

Ticker

1603.TW

ISIN

TW0001603009

As of Sep 10, 2024, China Wire & Cable Co's P/S ratio stood at 1.08, a -20.59% change from the 1.36 P/S ratio recorded in the previous year.

The China Wire & Cable Co P/S history

China Wire & Cable Co Aktienanalyse

What does China Wire & Cable Co do?

China Wire & Cable Co Ltd is a leading manufacturer of cables, wires, and connectivity solutions in China. The company was founded in 1958 and is headquartered in Shanghai. Since its establishment, it has become one of the largest and fastest-growing companies in the industry. The company has been listed on the Shenzhen Stock Exchange since 1997 and is considered a prominent hi-tech company in China. The company's business model is to develop, manufacture, and distribute high-quality cables and wires for electrical and electronic applications. It offers a wide range of products suitable for various industries, including energy, telecommunications, transportation, metallurgy, petrochemicals, and construction. The company has a strong commitment to innovation and sustainability. It continuously invests in research and development to improve its products and services and meet the growing market demand. China Wire & Cable Co Ltd is also dedicated to minimizing environmental impact and improving the quality of life in the communities where it operates. The company has multiple manufacturing facilities in China, including in Shanghai, Changzhou, Huzhou, and Xinjiang. It is capable of producing large volumes of cables and wires for domestic and international customers and supplies its products worldwide. The company's various divisions offer a wide range of cable and cable connection products, including: 1. Power cables and connection systems: These products are used for energy transmission and distribution in cities, industries, rural areas, as well as renewable energies such as solar power and wind power. The company offers a wide selection of high and low voltage cables, plugs, clamps, switchgear, and other accessories to provide customized solutions to its customers. 2. Telecommunications and data cables: These products are used for the transmission of voice, data, and video content. The company offers a wide range of cables for use in telecommunications and data networks, including fiber optic cables, copper cables, coaxial cables, and optical fiber cables. 3. Transport cables and connection solutions: These products are used for a variety of applications in transportation, including rail transportation systems, road traffic systems, and airport infrastructures. The company provides cables and connections for signaling and control systems, power supply systems, and security systems. 4. Industrial cables and connection solutions: These products are used for a variety of applications in the industry, including metallurgy, oil and gas, petrochemicals, mining, construction, and automotive industries. The company offers customized solutions for each industry. In addition to its core products, China Wire & Cable Co Ltd also provides a wide range of technical services, including design and engineering, installation and maintenance services, as well as training and education for customers and employees. Overall, China Wire & Cable Co Ltd is a leading company in the cable and wire industry in China and worldwide. Its commitment to quality, innovation, and sustainability drives the company forward and enables it to constantly provide its customers with improved products and solutions at the highest level. China Wire & Cable Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Wire & Cable Co's P/S Ratio

China Wire & Cable Co'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 Wire & Cable Co'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 Wire & Cable Co'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 Wire & Cable Co’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 Wire & Cable Co stock

What is the price-to-earnings ratio of China Wire & Cable Co?

The price-earnings ratio of China Wire & Cable Co is currently 1.08.

How has the price-earnings ratio of China Wire & Cable Co changed compared to last year?

The price-to-earnings ratio of China Wire & Cable Co has increased by -20.59% 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 Wire & Cable Co high compared to other companies?

Yes, the price-to-earnings ratio of China Wire & Cable Co is high compared to other companies.

How does an increase in the price-earnings ratio of China Wire & Cable Co affect the company?

An increase in the price-earnings ratio of China Wire & Cable Co 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 Wire & Cable Co affect the company?

A decrease in the price-earnings ratio of China Wire & Cable Co 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 Wire & Cable Co?

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

How much dividend does China Wire & Cable Co pay?

Over the past 12 months, China Wire & Cable Co paid a dividend of 0.5 TWD . This corresponds to a dividend yield of about 1.33 %. For the coming 12 months, China Wire & Cable Co is expected to pay a dividend of 0.5 TWD.

What is the dividend yield of China Wire & Cable Co?

The current dividend yield of China Wire & Cable Co is 1.33 %.

When does China Wire & Cable Co pay dividends?

China Wire & Cable Co pays a quarterly dividend. This is distributed in the months of September, September, September, September.

How secure is the dividend of China Wire & Cable Co?

China Wire & Cable Co paid dividends every year for the past 9 years.

What is the dividend of China Wire & Cable Co?

For the upcoming 12 months, dividends amounting to 0.5 TWD are expected. This corresponds to a dividend yield of 1.33 %.

In which sector is China Wire & Cable Co located?

China Wire & Cable Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von China Wire & Cable Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Wire & Cable Co from 9/20/2024 amounting to 1.3 TWD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did China Wire & Cable Co pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of China Wire & Cable Co in the year 2023?

In the year 2023, China Wire & Cable Co distributed 0.5 TWD as dividends.

In which currency does China Wire & Cable Co pay out the dividend?

The dividends of China Wire & Cable Co are distributed in TWD.

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 Wire & Cable Co

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