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Kangxin New Materials Co Stock

Kangxin New Materials Co P/E 2024

Kangxin New Materials Co P/E

-12.4

Ticker

600076.SS

ISIN

CNE000000QB0

As of Sep 30, 2024, Kangxin New Materials Co's P/E ratio was -12.4, a -43.82% change from the -22.07 P/E ratio recorded in the previous year.

The Kangxin New Materials Co P/E history

Kangxin New Materials Co Aktienanalyse

What does Kangxin New Materials Co do?

Kangxin New Materials Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Kangxin New Materials Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Kangxin New Materials 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 Kangxin New Materials 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 Kangxin New Materials 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 Kangxin New Materials 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 Kangxin New Materials Co stock

What is the price-to-earnings ratio of Kangxin New Materials Co?

The price-earnings ratio of Kangxin New Materials Co is currently -12.4.

How has the price-earnings ratio of Kangxin New Materials Co changed compared to last year?

The price-to-earnings ratio of Kangxin New Materials Co has increased by -43.82% 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 Kangxin New Materials Co high compared to other companies?

Yes, the price-to-earnings ratio of Kangxin New Materials Co is high compared to other companies.

How does an increase in the price-earnings ratio of Kangxin New Materials Co affect the company?

An increase in the price-earnings ratio of Kangxin New 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 Kangxin New Materials Co affect the company?

A decrease in the price-earnings ratio of Kangxin New 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 Kangxin New Materials Co?

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

How much dividend does Kangxin New Materials Co pay?

Over the past 12 months, Kangxin New Materials Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 1.13 %. For the coming 12 months, Kangxin New Materials Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Kangxin New Materials Co?

The current dividend yield of Kangxin New Materials Co is 1.13 %.

When does Kangxin New Materials Co pay dividends?

Kangxin New Materials Co pays a quarterly dividend. This is distributed in the months of June, August, July, September.

How secure is the dividend of Kangxin New Materials Co?

Kangxin New Materials Co paid dividends every year for the past 0 years.

What is the dividend of Kangxin New 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 Kangxin New Materials Co located?

Kangxin New Materials Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Kangxin New Materials Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kangxin New Materials Co from 8/5/2019 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 8/5/2019.

When did Kangxin New Materials Co pay the last dividend?

The last dividend was paid out on 8/5/2019.

What was the dividend of Kangxin New Materials Co in the year 2023?

In the year 2023, Kangxin New Materials Co distributed 0 CNY as dividends.

In which currency does Kangxin New Materials Co pay out the dividend?

The dividends of Kangxin New Materials Co are distributed in CNY.

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Andere Kennzahlen von Kangxin New Materials Co

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