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Northeast Electric Development Co - Stock

Northeast Electric Development Co Market capitalization 2024

Northeast Electric Development Co Market capitalization

308.5 M CNY

Ticker

000585.SZ

ISIN

CNE000000677

In 2024, Northeast Electric Development Co's market cap stood at 308.5 M CNY, a -77.03% increase from the 1.34 B CNY market cap in the previous year.

The Northeast Electric Development Co Market capitalization history

YEARREVENUE (undefined CNY)GROSS MARGIN (%)NET INCOME (undefined CNY)
202183.746,5117.63
20208035,2564
2019102.345,45-40.2
201832.317,0314.6
20173318,48-397.1
201663.50,94-99.5
2015151.725,184.9
2014197.524,206.2
201319629,089.9
2012217.227,2611.1
2011248.722,24-32.2
2010348.421,10-8.6
2009423.728,967.7
2008517.721,81-69.1
2007639.717,43-340.9
2006560.223,6929.5
2005549.925,6223.6
2004346.926,722.2
2003627.731,3226
2002951.532,2969

Northeast Electric Development Co Aktienanalyse

What does Northeast Electric Development Co do?

The Northeast Electric Development Co Ltd (NEEC) is a Chinese company that was founded in 2002 and has since experienced steady growth. Based in Shenyang, the capital of Liaoning Province, the company has become a major player in the electrical industry. NEEC's business model is diverse and includes various sectors, including the production of electrical equipment and machinery, the provision of engineering and consulting services, and the trading of electrical products. One of NEEC's key products is cables and cable systems, which have diverse applications in energy transmission and distribution. This includes high-voltage cables for use in transmission networks, as well as low and medium-voltage cables for power supply in residential and commercial areas. Another central product is electrical switchgear and automation systems. These are used in both industrial applications and power supply. NEEC offers both customized solutions and standardized products in this area. In the field of renewable energies, NEEC has developed significant expertise and offers solar and wind power systems, as well as related systems and services. Particularly noteworthy is the development of tailor-made solutions for customers and the associated focus on sustainability and environmental protection. Another important business area for NEEC is the trading of electrical products. The company often acts as an intermediary between manufacturers and customers and offers a wide range of products, including cables, lights, switchgear, and automated systems. While NEEC primarily operates nationally, it also has international ambitions and has sold its products in many countries worldwide, especially in Asia, Africa, and South America. Particularly notable is its strong presence in developing countries where electrification is often not yet well advanced. The history of NEEC is marked by consistent growth and the use of state-of-the-art technologies. In recent years, it has made several major acquisitions to strengthen its market position. Engagement in research and development also plays an important role, and NEEC has received numerous patents and awards. Overall, NEEC is a diversified company that enjoys an excellent international reputation in the electrical industry due to its innovation and expertise. With its comprehensive range of products and services, the company offers its customers tailor-made solutions and has established itself as an important provider in a growing global market. Northeast Electric Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Northeast Electric Development Co's Market Capitalization

Northeast Electric Development Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Northeast Electric Development Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Northeast Electric Development Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Northeast Electric Development Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Northeast Electric Development Co Stock

What is the current Northeast Electric Development Co market capitalization?

The current market capitalization of Northeast Electric Development Co is 308.5 M CNY.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Northeast Electric Development Co.

How has the market capitalization of Northeast Electric Development Co developed in recent years?

The market capitalization of Northeast Electric Development Co has increased/decreased by -77.03% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Northeast Electric Development Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Northeast Electric Development Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Northeast Electric Development Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Northeast Electric Development Co pay?

Over the past 12 months, Northeast Electric Development Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northeast Electric Development Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Northeast Electric Development Co?

The current dividend yield of Northeast Electric Development Co is .

When does Northeast Electric Development Co pay dividends?

Northeast Electric Development Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northeast Electric Development Co?

Northeast Electric Development Co paid dividends every year for the past 0 years.

What is the dividend of Northeast Electric Development 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 Northeast Electric Development Co located?

Northeast Electric Development Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Northeast Electric Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northeast Electric Development Co from 6/17/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Northeast Electric Development Co pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Northeast Electric Development Co in the year 2023?

In the year 2023, Northeast Electric Development Co distributed 0 CNY as dividends.

In which currency does Northeast Electric Development Co pay out the dividend?

The dividends of Northeast Electric Development Co are distributed in CNY.

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Andere Kennzahlen von Northeast Electric Development Co

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