Chongqing Machinery & Electric Co Stock

Chongqing Machinery & Electric Co P/S 2024

Chongqing Machinery & Electric Co P/S

0.27

Ticker

2722.HK

ISIN

CNE1000009W5

WKN

A0Q29M

As of Sep 14, 2024, Chongqing Machinery & Electric Co's P/S ratio stood at 0.27, a -6.9% change from the 0.29 P/S ratio recorded in the previous year.

The Chongqing Machinery & Electric Co P/S history

Chongqing Machinery & Electric Co Aktienanalyse

What does Chongqing Machinery & Electric Co do?

Chongqing Machinery & Electric Co Ltd is a Chinese company that was founded in 1937. The company is headquartered in Chongqing, China and currently employs over 12,000 employees. The company specializes in the manufacture of various machinery and electrical equipment. The company's product range includes engines, generators, pumps, steam turbines, transformers, and many other machines and devices. The core business of the company is the production of machinery for power generation. The company manufactures both conventional and renewable energy systems. The renewable energy systems include wind power plants, hydropower plants, and solar power plants. The conventional energy systems include coal-fired power plants, gas and oil-fired power plants, and nuclear power plants. The company also has a strong presence in heavy industry. It provides products for the production of steel, chemical products, mechanical engineering, and other industrial applications. The company is also an important supplier to the Chinese defense industry. It produces military components and systems such as missiles, aircraft, and ships. During the 1980s, the company took a more international approach and began selling its products on the global market. Today, the company has customers and partners in many countries worldwide, including India, Russia, and South Africa. The company invests heavily in research and development to stay competitive. Chongqing Machinery & Electric Co Ltd has several technology-oriented research institutes where new technologies and products are being researched. Chongqing Machinery & Electric Co Ltd is a large company with a long history and a wide range of products. The company specializes in the production of machinery and equipment for power generation, heavy industry, defense industry, and other applications. It is a major player in the Chinese industry and also has a strong presence in the international market. Chongqing Machinery & Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Chongqing Machinery & Electric Co's P/S Ratio

Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co stock

What is the price-to-earnings ratio of Chongqing Machinery & Electric Co?

The price-earnings ratio of Chongqing Machinery & Electric Co is currently 0.27.

How has the price-earnings ratio of Chongqing Machinery & Electric Co changed compared to last year?

The price-to-earnings ratio of Chongqing Machinery & Electric Co has increased by -6.9% 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 Chongqing Machinery & Electric Co high compared to other companies?

Yes, the price-to-earnings ratio of Chongqing Machinery & Electric Co is high compared to other companies.

How does an increase in the price-earnings ratio of Chongqing Machinery & Electric Co affect the company?

An increase in the price-earnings ratio of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co affect the company?

A decrease in the price-earnings ratio of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric Co?

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

How much dividend does Chongqing Machinery & Electric Co pay?

Over the past 12 months, Chongqing Machinery & Electric Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 6.81 %. For the coming 12 months, Chongqing Machinery & Electric Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Chongqing Machinery & Electric Co?

The current dividend yield of Chongqing Machinery & Electric Co is 6.81 %.

When does Chongqing Machinery & Electric Co pay dividends?

Chongqing Machinery & Electric Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Chongqing Machinery & Electric Co?

Chongqing Machinery & Electric Co paid dividends every year for the past 14 years.

What is the dividend of Chongqing Machinery & Electric Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 6.81 %.

In which sector is Chongqing Machinery & Electric Co located?

Chongqing Machinery & Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Chongqing Machinery & Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chongqing Machinery & Electric Co from 7/26/2024 amounting to 0.022 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Chongqing Machinery & Electric Co pay the last dividend?

The last dividend was paid out on 7/26/2024.

What was the dividend of Chongqing Machinery & Electric Co in the year 2023?

In the year 2023, Chongqing Machinery & Electric Co distributed 0.035 CNY as dividends.

In which currency does Chongqing Machinery & Electric Co pay out the dividend?

The dividends of Chongqing Machinery & Electric Co are distributed in CNY.

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Andere Kennzahlen von Chongqing Machinery & Electric Co

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