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Fuyao Glass Industry Group Co Stock

Fuyao Glass Industry Group Co P/S 2024

Fuyao Glass Industry Group Co P/S

3.03

Ticker

600660.SS

ISIN

CNE000000230

As of Sep 30, 2024, Fuyao Glass Industry Group Co's P/S ratio stood at 3.03, a 19.29% change from the 2.54 P/S ratio recorded in the previous year.

The Fuyao Glass Industry Group Co P/S history

Fuyao Glass Industry Group Co Aktienanalyse

What does Fuyao Glass Industry Group Co do?

Fuyao Glass Industry Group Co Ltd was founded in 1987 in Fuzhou, China and has since grown to become one of the largest companies in the glass industry worldwide. The company manufactures and distributes glass products for various industries including automotive, construction, solar, and electronics. Fuyao Glass' business model is based on constant growth and expansion. In recent years, the company has expanded into several countries including the USA, Canada, Australia, Germany, and Russia. The goal is to achieve a global presence and provide customers worldwide with competitive and high-quality products and services. Fuyao Glass is divided into different divisions to meet the requirements of the various industries in which the company operates. One of the main divisions is the automotive industry, where windshields, side windows, and rear windows are produced for most reputable car manufacturers. Another important division is the architecture industry, where glass products for windows, doors, and large buildings such as shopping malls or hotels are manufactured. In the solar industry, Fuyao Glass produces glass panels for solar panels, while in the electronics industry, display glass and touchscreens are manufactured. Fuyao Glass has built a good reputation in the industry through its innovative technology and high-quality standards. The company constantly invests in research and development to meet the requirements of its customers and leverage the latest trends and innovations in the industry. Fuyao Glass was also the first company in China to receive the QS9000/ISO9001 certification from the International Automotive Task Force (IATF). Moreover, the company is a significant pioneer in the development of weatherproof laminated glass, which is widely used in the automotive industry. Overall, Fuyao Glass offers a wide range of products including UV-blocking glass, energy-efficient glass, safety glass, and heat- and cold-resistant glass. The company is also able to provide customized solutions for individual customer requirements. Fuyao Glass believes in a sustainable future and is committed to developing environmentally conscious products. The company has received numerous awards for its initiatives in the field of sustainability and social responsibility, such as the "Outstanding Contribution to Environmental Protection" award from the Chinese Ministry of Environmental Protection. In conclusion, Fuyao Glass Industry Group Co Ltd is a dynamic company that continues to grow and has established itself as a leading provider of glass products. With its innovative technologies, high-quality standards, and commitment to sustainability and social responsibility, the company is well-positioned to continue its success in the future. Fuyao Glass Industry Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Fuyao Glass Industry Group Co's P/S Ratio

Fuyao Glass Industry Group 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 Fuyao Glass Industry Group 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 Fuyao Glass Industry Group 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 Fuyao Glass Industry Group 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 Fuyao Glass Industry Group Co stock

What is the price-to-earnings ratio of Fuyao Glass Industry Group Co?

The price-earnings ratio of Fuyao Glass Industry Group Co is currently 3.03.

How has the price-earnings ratio of Fuyao Glass Industry Group Co changed compared to last year?

The price-to-earnings ratio of Fuyao Glass Industry Group Co has increased by 19.29% 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 Fuyao Glass Industry Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Fuyao Glass Industry Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Fuyao Glass Industry Group Co affect the company?

An increase in the price-earnings ratio of Fuyao Glass Industry Group 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 Fuyao Glass Industry Group Co affect the company?

A decrease in the price-earnings ratio of Fuyao Glass Industry Group 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 Fuyao Glass Industry Group Co?

Some factors that influence the price-earnings ratio of Fuyao Glass Industry Group Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Fuyao Glass Industry Group Co pay?

Over the past 12 months, Fuyao Glass Industry Group Co paid a dividend of 1.25 CNY . This corresponds to a dividend yield of about 2.3 %. For the coming 12 months, Fuyao Glass Industry Group Co is expected to pay a dividend of 1.33 CNY.

What is the dividend yield of Fuyao Glass Industry Group Co?

The current dividend yield of Fuyao Glass Industry Group Co is 2.3 %.

When does Fuyao Glass Industry Group Co pay dividends?

Fuyao Glass Industry Group Co pays a quarterly dividend. This is distributed in the months of August, June, June, June.

How secure is the dividend of Fuyao Glass Industry Group Co?

Fuyao Glass Industry Group Co paid dividends every year for the past 0 years.

What is the dividend of Fuyao Glass Industry Group Co?

For the upcoming 12 months, dividends amounting to 1.33 CNY are expected. This corresponds to a dividend yield of 2.46 %.

In which sector is Fuyao Glass Industry Group Co located?

Fuyao Glass Industry Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Fuyao Glass Industry Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Fuyao Glass Industry Group Co from 5/17/2024 amounting to 1.3 CNY, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Fuyao Glass Industry Group Co pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of Fuyao Glass Industry Group Co in the year 2023?

In the year 2023, Fuyao Glass Industry Group Co distributed 1 CNY as dividends.

In which currency does Fuyao Glass Industry Group Co pay out the dividend?

The dividends of Fuyao Glass Industry Group Co are distributed in CNY.

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Andere Kennzahlen von Fuyao Glass Industry Group Co

Our stock analysis for Fuyao Glass Industry Group 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 Fuyao Glass Industry Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.