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Jiangsu SINOJIT Wind Energy Technology Co Stock

Jiangsu SINOJIT Wind Energy Technology Co P/E 2024

Jiangsu SINOJIT Wind Energy Technology Co P/E

28.35

Ticker

601218.SS

ISIN

CNE1000012R9

As of Nov 6, 2024, Jiangsu SINOJIT Wind Energy Technology Co's P/E ratio was 28.35, a -4.45% change from the 29.67 P/E ratio recorded in the previous year.

The Jiangsu SINOJIT Wind Energy Technology Co P/E history

Jiangsu SINOJIT Wind Energy Technology Co Aktienanalyse

What does Jiangsu SINOJIT Wind Energy Technology Co do?

Jiangsu SINOJIT Wind Energy Technology Co Ltd is a Chinese company specializing in the development, production, installation, and maintenance of wind turbines. The company was founded in 2010 and is headquartered in Suzhou, a city in Jiangsu province. Jiangsu SINOJIT's history began over 10 years ago when it was founded by a small group of engineers driven by the idea of using wind power to address climate change and energy supply. In its early years, the company focused on developing turbines for the Chinese market. Since then, Jiangsu SINOJIT has steadily expanded its business and is now a major player in the global renewable energy market. The business model of Jiangsu SINOJIT is based on the manufacturing and installation of wind turbines with different power classes and technical specifications. The company offers both onshore and offshore solutions and has particular expertise in the 3MW and 5MW wind turbines. The different divisions of Jiangsu SINOJIT include the development and design of wind turbines, the sale and assembly of turbines, and the maintenance and repair of facilities. The research and development department of SINOJIT is constantly striving to improve the technology and efficiency of wind turbines to remain competitive. In terms of product range, Jiangsu SINOJIT offers a wide variety of turbines with different capacities as well as the corresponding components and accessories required for installation and maintenance. Additionally, the company also develops and produces products related to the efficiency and performance of wind turbines, such as wind measurement devices and software solutions for control and monitoring. Jiangsu SINOJIT places great emphasis on the quality of its products and has high standards for the safety and reliability of its facilities. For this reason, the company has invested heavily in the development and production of new materials such as carbon fiber or titanium, as well as in increasing automation. Overall, Jiangsu SINOJIT is a leading manufacturer of wind turbines and accessories, renowned for its technical expertise and innovation. The company aims to contribute to the reduction of CO2 emissions and environmental protection through the use of renewable energy, and strives to ensure that wind power remains an integral part of the global energy transition. Jiangsu SINOJIT Wind Energy Technology Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jiangsu SINOJIT Wind Energy Technology Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Jiangsu SINOJIT Wind Energy Technology Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Jiangsu SINOJIT Wind Energy Technology Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Jiangsu SINOJIT Wind Energy Technology Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Jiangsu SINOJIT Wind Energy Technology Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Jiangsu SINOJIT Wind Energy Technology Co stock

What is the price-to-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co?

The price-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co is currently 28.35.

How has the price-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co changed compared to last year?

The price-to-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co has increased by -4.45% 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 SINOJIT Wind Energy Technology Co high compared to other companies?

Yes, the price-to-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co is high compared to other companies.

How does an increase in the price-earnings ratio of Jiangsu SINOJIT Wind Energy Technology Co affect the company?

An increase in the price-earnings ratio of Jiangsu SINOJIT Wind Energy Technology 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 SINOJIT Wind Energy Technology Co affect the company?

A decrease in the price-earnings ratio of Jiangsu SINOJIT Wind Energy Technology 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 SINOJIT Wind Energy Technology Co?

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

How much dividend does Jiangsu SINOJIT Wind Energy Technology Co pay?

Over the past 12 months, Jiangsu SINOJIT Wind Energy Technology Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.22 %. For the coming 12 months, Jiangsu SINOJIT Wind Energy Technology Co is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Jiangsu SINOJIT Wind Energy Technology Co?

The current dividend yield of Jiangsu SINOJIT Wind Energy Technology Co is 1.22 %.

When does Jiangsu SINOJIT Wind Energy Technology Co pay dividends?

Jiangsu SINOJIT Wind Energy Technology Co pays a quarterly dividend. This is distributed in the months of June, June, June, November.

How secure is the dividend of Jiangsu SINOJIT Wind Energy Technology Co?

Jiangsu SINOJIT Wind Energy Technology Co paid dividends every year for the past 4 years.

What is the dividend of Jiangsu SINOJIT Wind Energy Technology Co?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.22 %.

In which sector is Jiangsu SINOJIT Wind Energy Technology Co located?

Jiangsu SINOJIT Wind Energy Technology Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Jiangsu SINOJIT Wind Energy Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu SINOJIT Wind Energy Technology Co from 10/15/2024 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 10/15/2024.

When did Jiangsu SINOJIT Wind Energy Technology Co pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Jiangsu SINOJIT Wind Energy Technology Co in the year 2023?

In the year 2023, Jiangsu SINOJIT Wind Energy Technology Co distributed 0.052 CNY as dividends.

In which currency does Jiangsu SINOJIT Wind Energy Technology Co pay out the dividend?

The dividends of Jiangsu SINOJIT Wind Energy Technology Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu SINOJIT Wind Energy Technology Co

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