Hangzhou Gaoxin Rubber & Plastic Materials Co - Stock

Hangzhou Gaoxin Rubber & Plastic Materials Co P/S 2024

Hangzhou Gaoxin Rubber & Plastic Materials Co P/S

3.72

Ticker

300478.SZ

ISIN

CNE1000020X0

As of Jun 12, 2024, Hangzhou Gaoxin Rubber & Plastic Materials Co's P/S ratio stood at 3.72, a 17.35% change from the 3.17 P/S ratio recorded in the previous year.

The Hangzhou Gaoxin Rubber & Plastic Materials Co P/S history

Hangzhou Gaoxin Rubber & Plastic Materials Co Aktienanalyse

What does Hangzhou Gaoxin Rubber & Plastic Materials Co do?

Hangzhou Gaoxin Rubber & Plastic Materials Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Hangzhou Gaoxin Rubber & Plastic Materials Co's P/S Ratio

Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials Co Stock

What is the price-to-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co?

The price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co is currently 3.72.

How has the price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co changed compared to last year?

The price-to-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co has increased by 17.35% 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 Hangzhou Gaoxin Rubber & Plastic Materials Co high compared to other companies?

Yes, the price-to-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co is high compared to other companies.

How does an increase in the price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co affect the company?

An increase in the price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials Co affect the company?

A decrease in the price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials 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 Hangzhou Gaoxin Rubber & Plastic Materials Co?

Some factors that influence the price-earnings ratio of Hangzhou Gaoxin Rubber & Plastic Materials Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hangzhou Gaoxin Rubber & Plastic Materials Co pay?

Over the past 12 months, Hangzhou Gaoxin Rubber & Plastic Materials Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 1.01 %. For the coming 12 months, Hangzhou Gaoxin Rubber & Plastic Materials Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Hangzhou Gaoxin Rubber & Plastic Materials Co?

The current dividend yield of Hangzhou Gaoxin Rubber & Plastic Materials Co is 1.01 %.

When does Hangzhou Gaoxin Rubber & Plastic Materials Co pay dividends?

Hangzhou Gaoxin Rubber & Plastic Materials Co pays a quarterly dividend. This is distributed in the months of July, July, June, August.

How secure is the dividend of Hangzhou Gaoxin Rubber & Plastic Materials Co?

Hangzhou Gaoxin Rubber & Plastic Materials Co paid dividends every year for the past 0 years.

What is the dividend of Hangzhou Gaoxin Rubber & Plastic Materials Co?

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

In which sector is Hangzhou Gaoxin Rubber & Plastic Materials Co located?

Hangzhou Gaoxin Rubber & Plastic Materials Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Hangzhou Gaoxin Rubber & Plastic Materials Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hangzhou Gaoxin Rubber & Plastic Materials Co from 7/19/2019 amounting to 0.078 CNY, you needed to have the stock in your portfolio before the ex-date on 7/19/2019.

When did Hangzhou Gaoxin Rubber & Plastic Materials Co pay the last dividend?

The last dividend was paid out on 7/19/2019.

What was the dividend of Hangzhou Gaoxin Rubber & Plastic Materials Co in the year 2023?

In the year 2023, Hangzhou Gaoxin Rubber & Plastic Materials Co distributed 0 CNY as dividends.

In which currency does Hangzhou Gaoxin Rubber & Plastic Materials Co pay out the dividend?

The dividends of Hangzhou Gaoxin Rubber & Plastic Materials Co are distributed in CNY.

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