RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
DeTai New Energy Group Stock

DeTai New Energy Group P/S 2024

DeTai New Energy Group P/S

6.02

Ticker

559.HK

ISIN

BMG2743V1028

As of Dec 25, 2024, DeTai New Energy Group's P/S ratio stood at 6.02, a 8.66% change from the 5.54 P/S ratio recorded in the previous year.

The DeTai New Energy Group P/S history

DeTai New Energy Group Aktienanalyse

What does DeTai New Energy Group do?

DeTai New Energy Group Ltd is a Chinese company based in Hong Kong. The company was founded in 1998 and has quickly become a leading provider of renewable energy and energy efficiency technologies. Its goal is to create a sustainable energy future and improve quality of life for people. The company's business model is to develop smart technologies and solutions for practical use. It works closely with the government and other stakeholders to find solutions that meet customer requirements. DeTai New Energy Group Ltd offers a wide range of services and products for both residential and commercial use, divided into different business areas. Its photovoltaic business offers solar modules and systems for households, industries, and commercial buildings. The biomass business provides solutions for using renewable resources for energy production as an environmentally-friendly alternative to gas and coal. Additionally, the company focuses on energy efficiency, improving building insulation, and introducing energy-saving lighting systems. DeTai New Energy Group Ltd also participates in the construction and operation of power plants and utility grids, with a focus on developing and installing intelligent systems to improve energy efficiency. The company is engaged in research and development projects with universities and research institutes to develop innovative technologies and improve existing ones. Overall, DeTai New Energy Group Ltd is an innovative and future-oriented company that makes a significant contribution to energy supply and environmental protection. Its various business areas offer comprehensive services and products tailored to customer needs with the vision of creating a sustainable and livable world. DeTai New Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding DeTai New Energy Group's P/S Ratio

DeTai New Energy Group'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 DeTai New Energy Group'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 DeTai New Energy Group'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 DeTai New Energy Group’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 DeTai New Energy Group stock

What is the price-to-earnings ratio of DeTai New Energy Group?

The price-earnings ratio of DeTai New Energy Group is currently 6.02.

How has the price-earnings ratio of DeTai New Energy Group changed compared to last year?

The price-to-earnings ratio of DeTai New Energy Group has increased by 8.66% increased 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 DeTai New Energy Group high compared to other companies?

Yes, the price-to-earnings ratio of DeTai New Energy Group is high compared to other companies.

How does an increase in the price-earnings ratio of DeTai New Energy Group affect the company?

An increase in the price-earnings ratio of DeTai New Energy Group 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 DeTai New Energy Group affect the company?

A decrease in the price-earnings ratio of DeTai New Energy Group 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 DeTai New Energy Group?

Some factors that influence the price-earnings ratio of DeTai New Energy Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does DeTai New Energy Group pay?

Over the past 12 months, DeTai New Energy Group paid a dividend of 0.03 HKD . This corresponds to a dividend yield of about 20.2 %. For the coming 12 months, DeTai New Energy Group is expected to pay a dividend of 0 HKD.

What is the dividend yield of DeTai New Energy Group?

The current dividend yield of DeTai New Energy Group is 20.2 %.

When does DeTai New Energy Group pay dividends?

DeTai New Energy Group pays a quarterly dividend. This is distributed in the months of July, July, December, June.

How secure is the dividend of DeTai New Energy Group?

DeTai New Energy Group paid dividends every year for the past 0 years.

What is the dividend of DeTai New Energy Group?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is DeTai New Energy Group located?

DeTai New Energy Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von DeTai New Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of DeTai New Energy Group from 5/17/2007 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 5/8/2007.

When did DeTai New Energy Group pay the last dividend?

The last dividend was paid out on 5/17/2007.

What was the dividend of DeTai New Energy Group in the year 2023?

In the year 2023, DeTai New Energy Group distributed 0 HKD as dividends.

In which currency does DeTai New Energy Group pay out the dividend?

The dividends of DeTai New Energy Group are distributed in HKD.

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 DeTai New Energy Group

Our stock analysis for DeTai New Energy Group 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 DeTai New Energy Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.