Jiangsu Hongdou Industrial Co Stock

Jiangsu Hongdou Industrial Co P/S 2024

Jiangsu Hongdou Industrial Co P/S

2.09

Ticker

600400.SS

ISIN

CNE0000016Q4

As of Nov 20, 2024, Jiangsu Hongdou Industrial Co's P/S ratio stood at 2.09, a -34.28% change from the 3.18 P/S ratio recorded in the previous year.

The Jiangsu Hongdou Industrial Co P/S history

Jiangsu Hongdou Industrial Co Aktienanalyse

What does Jiangsu Hongdou Industrial Co do?

Jiangsu Hongdou Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Jiangsu Hongdou Industrial Co's P/S Ratio

Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial Co stock

What is the price-to-earnings ratio of Jiangsu Hongdou Industrial Co?

The price-earnings ratio of Jiangsu Hongdou Industrial Co is currently 2.09.

How has the price-earnings ratio of Jiangsu Hongdou Industrial Co changed compared to last year?

The price-to-earnings ratio of Jiangsu Hongdou Industrial Co has increased by -34.28% 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 Jiangsu Hongdou Industrial Co high compared to other companies?

Yes, the price-to-earnings ratio of Jiangsu Hongdou Industrial Co is high compared to other companies.

How does an increase in the price-earnings ratio of Jiangsu Hongdou Industrial Co affect the company?

An increase in the price-earnings ratio of Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial Co affect the company?

A decrease in the price-earnings ratio of Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial Co?

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

How much dividend does Jiangsu Hongdou Industrial Co pay?

Over the past 12 months, Jiangsu Hongdou Industrial Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 1.03 %. For the coming 12 months, Jiangsu Hongdou Industrial Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Jiangsu Hongdou Industrial Co?

The current dividend yield of Jiangsu Hongdou Industrial Co is 1.03 %.

When does Jiangsu Hongdou Industrial Co pay dividends?

Jiangsu Hongdou Industrial Co pays a quarterly dividend. This is distributed in the months of June, August, August, October.

How secure is the dividend of Jiangsu Hongdou Industrial Co?

Jiangsu Hongdou Industrial Co paid dividends every year for the past 20 years.

What is the dividend of Jiangsu Hongdou Industrial Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 1 %.

In which sector is Jiangsu Hongdou Industrial Co located?

Jiangsu Hongdou Industrial Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Jiangsu Hongdou Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu Hongdou Industrial Co from 9/23/2024 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 9/23/2024.

When did Jiangsu Hongdou Industrial Co pay the last dividend?

The last dividend was paid out on 9/23/2024.

What was the dividend of Jiangsu Hongdou Industrial Co in the year 2023?

In the year 2023, Jiangsu Hongdou Industrial Co distributed 0.065 CNY as dividends.

In which currency does Jiangsu Hongdou Industrial Co pay out the dividend?

The dividends of Jiangsu Hongdou Industrial Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu Hongdou Industrial Co

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