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Ganfeng Lithium Group Co - Stock

Ganfeng Lithium Group Co P/S 2024

Ganfeng Lithium Group Co P/S

2.81

Ticker

002460.SZ

ISIN

CNE100000SF6

As of Jun 28, 2024, Ganfeng Lithium Group Co's P/S ratio stood at 2.81, a -25.86% change from the 3.79 P/S ratio recorded in the previous year.

The Ganfeng Lithium Group Co P/S history

Ganfeng Lithium Group Co Aktienanalyse

What does Ganfeng Lithium Group Co do?

Ganfeng Lithium is a Chinese company that was founded in 2000. It specializes in the production of lithium products and other battery materials and is now one of the leading manufacturers worldwide. Ganfeng Lithium is located in Xinyu City in southeastern China and has experienced strong growth in recent years. The business model of Ganfeng Lithium is focused on being a comprehensive provider of lithium products and other battery materials. The company is divided into several business divisions, including lithium carbonate, lithium hydroxide, lithium metal, lithium aluminum sandwich, and battery materials. It also offers services such as research and development, exploration, and raw material procurement. The lithium carbonate business division is one of the most important for Ganfeng Lithium. Lithium carbonate is mainly used in the production of lithium-ion batteries, which are used in electric vehicles and other applications. The company also produces various types of lithium hydroxide used in battery manufacturing. Lithium metal is another important business division of Ganfeng Lithium. Lithium metal is a key component of batteries and is also used in other applications, such as aviation, where it is used in the production of lightweight metal products. Lithium aluminum sandwich is an innovative product of Ganfeng Lithium used in the production of lightweight components. It consists of a layer of lithium surrounded by an aluminum alloy, providing high stability and strength with low weight. In addition to the production of lithium products, Ganfeng Lithium also offers services in the area of raw material procurement. The company operates several lithium mining and exploration projects in various countries, including Argentina, Canada, and Australia. It also works closely with other companies and governments to ensure access to raw materials. Ganfeng Lithium strives to establish itself as a leading provider of lithium products and other battery materials. The company invests continuously in research and development to improve its products and prepare for upcoming technologies. It has also built strong partnerships with other companies to enhance access to technologies and raw materials. The company has experienced strong growth in recent years and is now a major player in the global market for lithium products. It aims to further expand and strengthen its position as a leading provider of battery materials. Ganfeng Lithium Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Ganfeng Lithium Group Co's P/S Ratio

Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium Group Co Stock

What is the price-to-earnings ratio of Ganfeng Lithium Group Co?

The price-earnings ratio of Ganfeng Lithium Group Co is currently 2.81.

How has the price-earnings ratio of Ganfeng Lithium Group Co changed compared to last year?

The price-to-earnings ratio of Ganfeng Lithium Group Co has increased by -25.86% 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 Ganfeng Lithium Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Ganfeng Lithium Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Ganfeng Lithium Group Co affect the company?

An increase in the price-earnings ratio of Ganfeng Lithium 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 Ganfeng Lithium Group Co affect the company?

A decrease in the price-earnings ratio of Ganfeng Lithium 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 Ganfeng Lithium Group Co?

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

How much dividend does Ganfeng Lithium Group Co pay?

Over the past 12 months, Ganfeng Lithium Group Co paid a dividend of 1 CNY . This corresponds to a dividend yield of about 3.42 %. For the coming 12 months, Ganfeng Lithium Group Co is expected to pay a dividend of 1.42 CNY.

What is the dividend yield of Ganfeng Lithium Group Co?

The current dividend yield of Ganfeng Lithium Group Co is 3.42 %.

When does Ganfeng Lithium Group Co pay dividends?

Ganfeng Lithium Group Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Ganfeng Lithium Group Co?

Ganfeng Lithium Group Co paid dividends every year for the past 17 years.

What is the dividend of Ganfeng Lithium Group Co?

For the upcoming 12 months, dividends amounting to 1.42 CNY are expected. This corresponds to a dividend yield of 4.86 %.

In which sector is Ganfeng Lithium Group Co located?

Ganfeng Lithium Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ganfeng Lithium Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ganfeng Lithium Group Co from 7/12/2023 amounting to 1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/12/2023.

When did Ganfeng Lithium Group Co pay the last dividend?

The last dividend was paid out on 7/12/2023.

What was the dividend of Ganfeng Lithium Group Co in the year 2023?

In the year 2023, Ganfeng Lithium Group Co distributed 0.214 CNY as dividends.

In which currency does Ganfeng Lithium Group Co pay out the dividend?

The dividends of Ganfeng Lithium Group Co are distributed in CNY.

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Andere Kennzahlen von Ganfeng Lithium Group Co

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