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Ningbo Joyson Electronic - Stock

Ningbo Joyson Electronic P/S 2024

Ningbo Joyson Electronic P/S

0.35

Ticker

600699.SS

ISIN

CNE000000DJ1

As of Jun 27, 2024, Ningbo Joyson Electronic's P/S ratio stood at 0.35, a -10.26% change from the 0.39 P/S ratio recorded in the previous year.

The Ningbo Joyson Electronic P/S history

Ningbo Joyson Electronic Aktienanalyse

What does Ningbo Joyson Electronic do?

Ningbo Joyson Electronic ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Ningbo Joyson Electronic's P/S Ratio

Ningbo Joyson Electronic'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 Ningbo Joyson Electronic'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 Ningbo Joyson Electronic'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 Ningbo Joyson Electronic’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 Ningbo Joyson Electronic Stock

What is the price-to-earnings ratio of Ningbo Joyson Electronic?

The price-earnings ratio of Ningbo Joyson Electronic is currently 0.35.

How has the price-earnings ratio of Ningbo Joyson Electronic changed compared to last year?

The price-to-earnings ratio of Ningbo Joyson Electronic has increased by -10.26% 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 Ningbo Joyson Electronic high compared to other companies?

Yes, the price-to-earnings ratio of Ningbo Joyson Electronic is high compared to other companies.

How does an increase in the price-earnings ratio of Ningbo Joyson Electronic affect the company?

An increase in the price-earnings ratio of Ningbo Joyson Electronic 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 Ningbo Joyson Electronic affect the company?

A decrease in the price-earnings ratio of Ningbo Joyson Electronic 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 Ningbo Joyson Electronic?

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

How much dividend does Ningbo Joyson Electronic pay?

Over the past 12 months, Ningbo Joyson Electronic paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 0.66 %. For the coming 12 months, Ningbo Joyson Electronic is expected to pay a dividend of 0.1 CNY.

What is the dividend yield of Ningbo Joyson Electronic?

The current dividend yield of Ningbo Joyson Electronic is 0.66 %.

When does Ningbo Joyson Electronic pay dividends?

Ningbo Joyson Electronic pays a quarterly dividend. This is distributed in the months of August, July, June, July.

How secure is the dividend of Ningbo Joyson Electronic?

Ningbo Joyson Electronic paid dividends every year for the past 6 years.

What is the dividend of Ningbo Joyson Electronic?

For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 0.68 %.

In which sector is Ningbo Joyson Electronic located?

Ningbo Joyson Electronic is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Ningbo Joyson Electronic kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ningbo Joyson Electronic from 6/7/2024 amounting to 0.26 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Ningbo Joyson Electronic pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Ningbo Joyson Electronic in the year 2023?

In the year 2023, Ningbo Joyson Electronic distributed 0 CNY as dividends.

In which currency does Ningbo Joyson Electronic pay out the dividend?

The dividends of Ningbo Joyson Electronic are distributed in CNY.

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Andere Kennzahlen von Ningbo Joyson Electronic

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