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Northeast Electric Development Co - Stock

Northeast Electric Development Co P/S 2024

Northeast Electric Development Co P/S

16.74

Ticker

000585.SZ

ISIN

CNE000000677

As of Jun 19, 2024, Northeast Electric Development Co's P/S ratio stood at 16.74, a 5.75% change from the 15.83 P/S ratio recorded in the previous year.

The Northeast Electric Development Co P/S history

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.

P/S Details

Decoding Northeast Electric Development Co's P/S Ratio

Northeast Electric Development Co'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 Northeast Electric Development Co'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 Northeast Electric Development Co'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 Northeast Electric Development Co’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 Northeast Electric Development Co Stock

What is the price-to-earnings ratio of Northeast Electric Development Co?

The price-earnings ratio of Northeast Electric Development Co is currently 16.74.

How has the price-earnings ratio of Northeast Electric Development Co changed compared to last year?

The price-to-earnings ratio of Northeast Electric Development Co has increased by 5.75% increased 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 Northeast Electric Development Co high compared to other companies?

Yes, the price-to-earnings ratio of Northeast Electric Development Co is high compared to other companies.

How does an increase in the price-earnings ratio of Northeast Electric Development Co affect the company?

An increase in the price-earnings ratio of Northeast Electric Development 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 Northeast Electric Development Co affect the company?

A decrease in the price-earnings ratio of Northeast Electric Development 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 Northeast Electric Development Co?

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

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 6/19/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 6/19/2024.

When did Northeast Electric Development Co pay the last dividend?

The last dividend was paid out on 6/19/2024.

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.