Jihua Group Corp - Stock

Jihua Group Corp P/E 2024

Jihua Group Corp P/E

40.06

Jihua Group Corp Dividend yield

1.15 %

Ticker

601718.SS

ISIN

CNE100000SK6

As of Jun 9, 2024, Jihua Group Corp's P/E ratio was 40.06, a -45.47% change from the 73.46 P/E ratio recorded in the previous year.

The Jihua Group Corp P/E history

Jihua Group Corp Aktienanalyse

What does Jihua Group Corp do?

The Jihua Group Corp Ltd is a versatile company based in Beijing, China. It was founded in 1954 as one of the country's first cotton spinning mills. Initially specialized in cotton yarn production, the company expanded over the years to cover a variety of business areas. Over the following decades, Jihua Group Corp Ltd became a large conglomerate operating in various industries. Today, the company is active in textiles, clothing, chemicals, defense, leather, and tourism. Its business model focuses on diversified production and vertically integrated processes. In the textile industry, Jihua Group Corp Ltd is one of the leading manufacturers of cotton yarns, high-quality textiles, ready-made clothing, and home textiles. The company's clothing division focuses on military uniforms, workwear, protective clothing, as well as fashionable clothing, shirts, and accessories. Another important business area of the company is the chemical industry. Jihua Group produces chemicals, plastics, rubber products, as well as medicines and cosmetics. One of the most well-known divisions of Jihua Group Corp Ltd is the defense industry. In this sector, the company manufactures various types of military equipment, including combat aircraft, missiles and missile defense systems, ships, and military vehicles. Jihua Group Corp Ltd closely collaborates with the Chinese Ministry of Defense and other government agencies. The leather and footwear industry is also a significant business area for the company. Jihua Group Corp Ltd produces high-quality leather goods, shoes, frames, as well as accessories such as bags, wallets, and belts. The company places great emphasis on quality, sustainability, and ethical practices in the supply chain. In addition to these main business areas, Jihua Group Corp Ltd also operates in the tourism industry. The company offers a variety of services, including tourism management and planning, as well as operation and management of resorts and hotels. Overall, Jihua Group Corp Ltd is a diverse and highly diversified company operating in many different industries. With a focus on quality, innovation, and sustainable growth, the company has become a key player in the Chinese market and beyond. Jihua Group Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jihua Group Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of Jihua Group Corp 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 Jihua Group Corp'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 Jihua Group Corp 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 Jihua Group Corp’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 Jihua Group Corp Stock

What is the price-to-earnings ratio of Jihua Group Corp?

The price-earnings ratio of Jihua Group Corp is currently 40.06.

How has the price-earnings ratio of Jihua Group Corp changed compared to last year?

The price-to-earnings ratio of Jihua Group Corp has increased by -45.47% 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 Jihua Group Corp high compared to other companies?

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

How does an increase in the price-earnings ratio of Jihua Group Corp affect the company?

An increase in the price-earnings ratio of Jihua Group Corp 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 Jihua Group Corp affect the company?

A decrease in the price-earnings ratio of Jihua Group Corp 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 Jihua Group Corp?

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

How much dividend does Jihua Group Corp pay?

Over the past 12 months, Jihua Group Corp paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 1.15 %. For the coming 12 months, Jihua Group Corp is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Jihua Group Corp?

The current dividend yield of Jihua Group Corp is 1.15 %.

When does Jihua Group Corp pay dividends?

Jihua Group Corp pays a quarterly dividend. This is distributed in the months of September, September, August, September.

How secure is the dividend of Jihua Group Corp?

Jihua Group Corp paid dividends every year for the past 4 years.

What is the dividend of Jihua Group Corp?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 1.15 %.

In which sector is Jihua Group Corp located?

Jihua Group Corp is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Jihua Group Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jihua Group Corp from 8/9/2023 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 8/9/2023.

When did Jihua Group Corp pay the last dividend?

The last dividend was paid out on 8/9/2023.

What was the dividend of Jihua Group Corp in the year 2023?

In the year 2023, Jihua Group Corp distributed 0 CNY as dividends.

In which currency does Jihua Group Corp pay out the dividend?

The dividends of Jihua Group Corp are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Jihua Group Corp

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