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Golden Resources Development International Stock

Golden Resources Development International P/S 2024

Golden Resources Development International P/S

0.35

Ticker

677.HK

ISIN

BMG3958B1046

WKN

886590

As of Sep 24, 2024, Golden Resources Development International's P/S ratio stood at 0.35, a -41.67% change from the 0.6 P/S ratio recorded in the previous year.

The Golden Resources Development International P/S history

Golden Resources Development International Aktienanalyse

What does Golden Resources Development International do?

Golden Resources Development International Ltd (GoldRes) is a Chinese company that was founded in 1999 and is headquartered in Beijing. It is one of the leading companies in the field of international trade and investment. GoldRes specializes in international trade. The company focuses on the sale of agricultural products, mineral resources, machinery, as well as technological products and services. In addition to trading these various goods, the company also provides financial services such as credit intermediation, foreign exchange trading, and risk hedging. The company is divided into several business segments, including commodity trading, food and agriculture trading, machinery and electronics trading, and the investment sector. In the commodity trading area, GoldRes deals with the export of minerals such as iron, copper, and aluminum. They are involved in multiple mines and also purchase raw materials from other mines. In the food and agriculture trading area, GoldRes offers a wide range of agricultural products such as grains, oilseeds, fruits, and vegetables. Recently, the company has also begun to develop in the e-commerce sector and operates online stores in China specializing in the sale of food and beverages. In the machinery and electronics area, the company trades devices and equipment such as laptops, mobile phones, televisions, and other electronic products. GoldRes has strong relationships with Chinese electronics suppliers and stays in close contact with other companies to provide its customers with the best available prices. Overall, GoldRes has a strong network consisting of branches and partners in various countries including the USA, Canada, Australia, and Europe. These business partners and branches assist the company in expanding into new markets and maintaining existing business contacts. This international focus has allowed GoldRes to grow rapidly and establish itself as a leading company in the industry. Currently, the company is not only expanding in trade but also in the investment sector. GoldRes is investing in Chinese start-ups and technology companies operating in the fields of artificial intelligence, renewable energies, medical devices, and blockchain. The company has also started to invest more in real estate in China. Overall, GoldRes is one of the rapidly growing companies in China and has established itself as a leading company in international trade and investment. The company has a strong reputation due to its outstanding business relationships and high-quality service. With a wide range of products and services and a broad geographical reach, GoldRes will continue to play a significant role in the Chinese economy in the future. Golden Resources Development International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Golden Resources Development International's P/S Ratio

Golden Resources Development International'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 Golden Resources Development International'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 Golden Resources Development International'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 Golden Resources Development International’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 Golden Resources Development International stock

What is the price-to-earnings ratio of Golden Resources Development International?

The price-earnings ratio of Golden Resources Development International is currently 0.35.

How has the price-earnings ratio of Golden Resources Development International changed compared to last year?

The price-to-earnings ratio of Golden Resources Development International has increased by -41.67% 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 Golden Resources Development International high compared to other companies?

Yes, the price-to-earnings ratio of Golden Resources Development International is high compared to other companies.

How does an increase in the price-earnings ratio of Golden Resources Development International affect the company?

An increase in the price-earnings ratio of Golden Resources Development International 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 Golden Resources Development International affect the company?

A decrease in the price-earnings ratio of Golden Resources Development International 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 Golden Resources Development International?

Some factors that influence the price-earnings ratio of Golden Resources Development International are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Golden Resources Development International pay?

Over the past 12 months, Golden Resources Development International paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 2.89 %. For the coming 12 months, Golden Resources Development International is expected to pay a dividend of 0.01 HKD.

What is the dividend yield of Golden Resources Development International?

The current dividend yield of Golden Resources Development International is 2.89 %.

When does Golden Resources Development International pay dividends?

Golden Resources Development International pays a quarterly dividend. This is distributed in the months of January, October, January, October.

How secure is the dividend of Golden Resources Development International?

Golden Resources Development International paid dividends every year for the past 20 years.

What is the dividend of Golden Resources Development International?

For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Golden Resources Development International located?

Golden Resources Development International is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Golden Resources Development International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Resources Development International from 9/20/2024 amounting to 0.012 HKD, you needed to have the stock in your portfolio before the ex-date on 9/2/2024.

When did Golden Resources Development International pay the last dividend?

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

What was the dividend of Golden Resources Development International in the year 2023?

In the year 2023, Golden Resources Development International distributed 0.026 HKD as dividends.

In which currency does Golden Resources Development International pay out the dividend?

The dividends of Golden Resources Development International are distributed in HKD.

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Andere Kennzahlen von Golden Resources Development International

Our stock analysis for Golden Resources Development International 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 Golden Resources Development International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.