Nien Hsing Textile Co P/E 2024

Nien Hsing Textile Co P/E

-11.68

Nien Hsing Textile Co Dividend yield

9.85 %

Ticker

1451.TW

ISIN

TW0001451003

As of May 23, 2024, Nien Hsing Textile Co's P/E ratio was -11.68, a -212.31% change from the 10.4 P/E ratio recorded in the previous year.

The Nien Hsing Textile Co P/E history

Nien Hsing Textile Co Aktienanalyse

What does Nien Hsing Textile Co do?

Nien Hsing Textile Co Ltd is a textile company based in Taiwan. It was founded in 1978 by Richard Chen and has since grown to become one of the largest textile producers in Asia. The company is a leading provider of jeans, corduroy, denim, and cotton fabrics, supplying customers in the global apparel industry. Nien Hsing operates three production sites in Taiwan and additional factories in China, Vietnam, and Indonesia. The company specializes in fabric manufacturing and the processing of cotton, synthetic fibers, and other materials. It places great emphasis on sustainable and environmentally friendly production processes and works closely with its customers to develop innovative and high-quality products. Nien Hsing Textile's business model is based on a combination of innovative design and high efficiency in production. The company specializes in providing its customers with customized solutions tailored to their specific requirements. Nien Hsing Textile works closely with its customers to better understand their needs and find the best possible production solutions. Nien Hsing Textile operates in various divisions to offer a wide range of products. The company's main sectors include fabric manufacturing, apparel production, and marketing and distribution. Fabric manufacturing includes denim, corduroy, cotton, and stretch fabrics, while apparel production includes jeans, jackets, shirts, and other clothing items. Nien Hsing Textile is known for its high-quality denim fabrics. The Denim production of Nien Hsing is designed to offer a wide range of colors and textures while meeting the high demands of customers. Nien Hsing's jeans production is designed for high quality and durability and is highly valued by customers worldwide. One of Nien Hsing Textile's most well-known brands is the jeans brand "Winston". These jeans are made from high-quality denim fabric and offer a combination of style, comfort, and durability. Winston jeans are available in various colors, styles, and sizes and are distributed worldwide. Overall, Nien Hsing Textile has established itself as one of the leading textile producers in Asia. The company places great emphasis on quality, innovation, and sustainability and strives to provide its customers with customized solutions. With its wide range of products and innovative design solutions, Nien Hsing Textile is well positioned to continue growing in the apparel industry. Nien Hsing Textile Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Nien Hsing Textile Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile Co Stock

What is the price-to-earnings ratio of Nien Hsing Textile Co?

The price-earnings ratio of Nien Hsing Textile Co is currently -11.68.

How has the price-earnings ratio of Nien Hsing Textile Co changed compared to last year?

The price-to-earnings ratio of Nien Hsing Textile Co has increased by -212.31% 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 Nien Hsing Textile Co high compared to other companies?

Yes, the price-to-earnings ratio of Nien Hsing Textile Co is high compared to other companies.

How does an increase in the price-earnings ratio of Nien Hsing Textile Co affect the company?

An increase in the price-earnings ratio of Nien Hsing Textile 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 Nien Hsing Textile Co affect the company?

A decrease in the price-earnings ratio of Nien Hsing Textile 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 Nien Hsing Textile Co?

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

How much dividend does Nien Hsing Textile Co pay?

Over the past 12 months, Nien Hsing Textile Co paid a dividend of 2 TWD . This corresponds to a dividend yield of about 9.85 %. For the coming 12 months, Nien Hsing Textile Co is expected to pay a dividend of 2 TWD.

What is the dividend yield of Nien Hsing Textile Co?

The current dividend yield of Nien Hsing Textile Co is 9.85 %.

When does Nien Hsing Textile Co pay dividends?

Nien Hsing Textile Co pays a quarterly dividend. This is distributed in the months of August, September, August, August.

How secure is the dividend of Nien Hsing Textile Co?

Nien Hsing Textile Co paid dividends every year for the past 3 years.

What is the dividend of Nien Hsing Textile Co?

For the upcoming 12 months, dividends amounting to 2 TWD are expected. This corresponds to a dividend yield of 9.85 %.

In which sector is Nien Hsing Textile Co located?

Nien Hsing Textile Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Nien Hsing Textile Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nien Hsing Textile Co from 8/1/2023 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/3/2023.

When did Nien Hsing Textile Co pay the last dividend?

The last dividend was paid out on 8/1/2023.

What was the dividend of Nien Hsing Textile Co in the year 2023?

In the year 2023, Nien Hsing Textile Co distributed 1 TWD as dividends.

In which currency does Nien Hsing Textile Co pay out the dividend?

The dividends of Nien Hsing Textile Co are distributed in TWD.

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Andere Kennzahlen von Nien Hsing Textile Co

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