Shanghai Shimao Co Stock

Shanghai Shimao Co P/S 2024

Shanghai Shimao Co P/S

0.3

Ticker

600823.SS

ISIN

CNE000000CH7

As of Dec 24, 2024, Shanghai Shimao Co's P/S ratio stood at 0.3, a -60% change from the 0.75 P/S ratio recorded in the previous year.

The Shanghai Shimao Co P/S history

Shanghai Shimao Co Aktienanalyse

What does Shanghai Shimao Co do?

Shanghai Shimao Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shanghai Shimao Co's P/S Ratio

Shanghai Shimao 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 Shimao 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 Shimao 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 Shimao 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 Shimao Co stock

What is the price-to-earnings ratio of Shanghai Shimao Co?

The price-earnings ratio of Shanghai Shimao Co is currently 0.3.

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

The price-to-earnings ratio of Shanghai Shimao Co has increased by -60% 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 Shimao Co high compared to other companies?

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

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

An increase in the price-earnings ratio of Shanghai Shimao 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 Shimao Co affect the company?

A decrease in the price-earnings ratio of Shanghai Shimao 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 Shimao Co?

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

How much dividend does Shanghai Shimao Co pay?

Over the past 12 months, Shanghai Shimao Co paid a dividend of 0.17 CNY . This corresponds to a dividend yield of about 39.53 %. For the coming 12 months, Shanghai Shimao Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Shanghai Shimao Co?

The current dividend yield of Shanghai Shimao Co is 39.53 %.

When does Shanghai Shimao Co pay dividends?

Shanghai Shimao Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Shanghai Shimao Co?

Shanghai Shimao Co paid dividends every year for the past 2 years.

What is the dividend of Shanghai Shimao Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 20.9 %.

In which sector is Shanghai Shimao Co located?

Shanghai Shimao Co is assigned to the 'Real Estate' sector.

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

To receive the latest dividend of Shanghai Shimao Co from 7/16/2021 amounting to 0.17 CNY, you needed to have the stock in your portfolio before the ex-date on 7/16/2021.

When did Shanghai Shimao Co pay the last dividend?

The last dividend was paid out on 7/16/2021.

What was the dividend of Shanghai Shimao Co in the year 2023?

In the year 2023, Shanghai Shimao Co distributed 0 CNY as dividends.

In which currency does Shanghai Shimao Co pay out the dividend?

The dividends of Shanghai Shimao Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Shimao Co

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