Hangcha Group Co Stock

Hangcha Group Co P/S 2024

Hangcha Group Co P/S

1.01

Ticker

603298.SS

ISIN

CNE100002FY0

As of Aug 7, 2024, Hangcha Group Co's P/S ratio stood at 1.01, a 21.69% change from the 0.83 P/S ratio recorded in the previous year.

The Hangcha Group Co P/S history

Hangcha Group Co Aktienanalyse

What does Hangcha Group Co do?

Hangcha Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Hangcha Group Co's P/S Ratio

Hangcha 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 Hangcha 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 Hangcha 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 Hangcha 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 Hangcha Group Co stock

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

The price-earnings ratio of Hangcha Group Co is currently 1.01.

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

The price-to-earnings ratio of Hangcha Group Co has increased by 21.69% 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 Hangcha Group Co high compared to other companies?

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

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

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

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

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

How much dividend does Hangcha Group Co pay?

Over the past 12 months, Hangcha Group Co paid a dividend of 0.4 CNY . This corresponds to a dividend yield of about 2.54 %. For the coming 12 months, Hangcha Group Co is expected to pay a dividend of 0.44 CNY.

What is the dividend yield of Hangcha Group Co?

The current dividend yield of Hangcha Group Co is 2.54 %.

When does Hangcha Group Co pay dividends?

Hangcha Group Co pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Hangcha Group Co?

Hangcha Group Co paid dividends every year for the past 10 years.

What is the dividend of Hangcha Group Co?

For the upcoming 12 months, dividends amounting to 0.44 CNY are expected. This corresponds to a dividend yield of 2.8 %.

In which sector is Hangcha Group Co located?

Hangcha Group Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Hangcha Group Co from 5/31/2024 amounting to 0.357 CNY, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Hangcha Group Co pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Hangcha Group Co in the year 2023?

In the year 2023, Hangcha Group Co distributed 0.4 CNY as dividends.

In which currency does Hangcha Group Co pay out the dividend?

The dividends of Hangcha Group Co are distributed in CNY.

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Andere Kennzahlen von Hangcha Group Co

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