LCY Technology Stock

LCY Technology P/S 2024

LCY Technology P/S

1.01

Ticker

4989.TW

ISIN

TW0004989009

As of Sep 28, 2024, LCY Technology's P/S ratio stood at 1.01, a -13.68% change from the 1.17 P/S ratio recorded in the previous year.

The LCY Technology P/S history

LCY Technology Aktienanalyse

What does LCY Technology do?

LCY Technology Corp is a Taiwanese company that was founded in 1935 and specializes in the production of petrochemical products and heavy chemicals. In recent years, LCY has also started to focus on the production of renewable energy and high-tech plastics. The company operates several divisions, including LCY Chemical Corp, LCY Building Materials Corp, and Global Energy Network Corp. The focus is on the development and production of chemical products from crude oil, gas, and other raw materials. LCY's business model consists of a vertically integrated value chain that includes all aspects of chemical production, including R&D, production, marketing, and distribution. One of the company's major divisions is LCY Chemical Corp, which represents LCY's core business. Here, the company focuses on the production of petrochemical products such as polyolefins (a plastic used in the production of car parts, packaging, and other products), olefins (a group of hydrocarbons used in plastics and solvents), and vinyl chloride monomer (a raw material for the production of PVC plastics). LCY Building Materials Corp is another important division of the company. Here, it focuses on the production of building materials such as fiberglass fabric, adhesives, or polyester resins, which are used particularly in the production of composites. LCY Building Materials Corp supplies its products to manufacturers of wind turbines, aircraft, boats, and other applications. In addition to these products, LCY recently announced its research and production of bio-based PET. Bio-based PET is made from plants such as sugarcane and is fully biodegradable. This innovative product has the potential to change the plastic market beyond traditional options and is expected to be used in a wide range of applications, including packaging and textiles. In recent times, LCY has also turned its attention to the development of renewable energy, an area the company wants to focus on more in the future. In 2011, LCY established Global Energy Network Corp, which is involved in the development of renewable energy and the promotion of energy efficiency projects. Projects of Global Energy Network Corp include photovoltaic plants and wind turbines. In summary, LCY Technology Corp is a leading company in the field of petrochemical products and renewable energy. The company offers a wide range of chemical products that are used in various industries such as the automotive industry, aviation industry, and construction sector. Supported by innovation and a commitment to sustainable business practices, the company has expanded its presence in the renewable energy sector in recent years. With the increasing importance of environmental aspects in today's society, it is likely that LCY will continue to be a major player in the chemical industry. LCY Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding LCY Technology's P/S Ratio

LCY Technology'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 LCY Technology'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 LCY Technology'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 LCY Technology’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 LCY Technology stock

What is the price-to-earnings ratio of LCY Technology?

The price-earnings ratio of LCY Technology is currently 1.01.

How has the price-earnings ratio of LCY Technology changed compared to last year?

The price-to-earnings ratio of LCY Technology has increased by -13.68% 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 LCY Technology high compared to other companies?

Yes, the price-to-earnings ratio of LCY Technology is high compared to other companies.

How does an increase in the price-earnings ratio of LCY Technology affect the company?

An increase in the price-earnings ratio of LCY Technology 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 LCY Technology affect the company?

A decrease in the price-earnings ratio of LCY Technology 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 LCY Technology?

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

How much dividend does LCY Technology pay?

Over the past 12 months, LCY Technology paid a dividend of 0.5 TWD . This corresponds to a dividend yield of about 2.17 %. For the coming 12 months, LCY Technology is expected to pay a dividend of 0.5 TWD.

What is the dividend yield of LCY Technology?

The current dividend yield of LCY Technology is 2.17 %.

When does LCY Technology pay dividends?

LCY Technology pays a quarterly dividend. This is distributed in the months of December, January, August, September.

How secure is the dividend of LCY Technology?

LCY Technology paid dividends every year for the past 6 years.

What is the dividend of LCY Technology?

For the upcoming 12 months, dividends amounting to 0.5 TWD are expected. This corresponds to a dividend yield of 2.17 %.

In which sector is LCY Technology located?

LCY Technology is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von LCY Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of LCY Technology from 8/28/2023 amounting to 0.5 TWD, you needed to have the stock in your portfolio before the ex-date on 8/1/2023.

When did LCY Technology pay the last dividend?

The last dividend was paid out on 8/28/2023.

What was the dividend of LCY Technology in the year 2023?

In the year 2023, LCY Technology distributed 1.5 TWD as dividends.

In which currency does LCY Technology pay out the dividend?

The dividends of LCY Technology are distributed in TWD.

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Andere Kennzahlen von LCY Technology

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