Shanghai Daimay Automotive Interior Co Stock

Shanghai Daimay Automotive Interior Co P/S 2024

Shanghai Daimay Automotive Interior Co P/S

2.23

Ticker

603730.SS

ISIN

CNE100002RD9

As of Sep 14, 2024, Shanghai Daimay Automotive Interior Co's P/S ratio stood at 2.23, a -23.63% change from the 2.92 P/S ratio recorded in the previous year.

The Shanghai Daimay Automotive Interior Co P/S history

Shanghai Daimay Automotive Interior Co Aktienanalyse

What does Shanghai Daimay Automotive Interior Co do?

Shanghai Daimay Automotive Interior Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shanghai Daimay Automotive Interior Co's P/S Ratio

Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior Co stock

What is the price-to-earnings ratio of Shanghai Daimay Automotive Interior Co?

The price-earnings ratio of Shanghai Daimay Automotive Interior Co is currently 2.23.

How has the price-earnings ratio of Shanghai Daimay Automotive Interior Co changed compared to last year?

The price-to-earnings ratio of Shanghai Daimay Automotive Interior Co has increased by -23.63% 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 Shanghai Daimay Automotive Interior Co high compared to other companies?

Yes, the price-to-earnings ratio of Shanghai Daimay Automotive Interior Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shanghai Daimay Automotive Interior Co affect the company?

An increase in the price-earnings ratio of Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior Co affect the company?

A decrease in the price-earnings ratio of Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior Co?

Some factors that influence the price-earnings ratio of Shanghai Daimay Automotive Interior Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shanghai Daimay Automotive Interior Co pay?

Over the past 12 months, Shanghai Daimay Automotive Interior Co paid a dividend of 0.37 CNY . This corresponds to a dividend yield of about 3.97 %. For the coming 12 months, Shanghai Daimay Automotive Interior Co is expected to pay a dividend of 0.39 CNY.

What is the dividend yield of Shanghai Daimay Automotive Interior Co?

The current dividend yield of Shanghai Daimay Automotive Interior Co is 3.97 %.

When does Shanghai Daimay Automotive Interior Co pay dividends?

Shanghai Daimay Automotive Interior Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Shanghai Daimay Automotive Interior Co?

Shanghai Daimay Automotive Interior Co paid dividends every year for the past 9 years.

What is the dividend of Shanghai Daimay Automotive Interior Co?

For the upcoming 12 months, dividends amounting to 0.39 CNY are expected. This corresponds to a dividend yield of 4.14 %.

In which sector is Shanghai Daimay Automotive Interior Co located?

Shanghai Daimay Automotive Interior Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Shanghai Daimay Automotive Interior Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shanghai Daimay Automotive Interior Co from 6/3/2024 amounting to 0.308 CNY, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did Shanghai Daimay Automotive Interior Co pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of Shanghai Daimay Automotive Interior Co in the year 2023?

In the year 2023, Shanghai Daimay Automotive Interior Co distributed 0.285 CNY as dividends.

In which currency does Shanghai Daimay Automotive Interior Co pay out the dividend?

The dividends of Shanghai Daimay Automotive Interior Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Daimay Automotive Interior Co

Our stock analysis for Shanghai Daimay Automotive Interior 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 Shanghai Daimay Automotive Interior Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.