What is the price-to-earnings ratio of Shenergy Co?
The price-earnings ratio of Shenergy Co is currently 10.48.
Shenergy Co P/E 2024
Shenergy Co P/E
10.48
Ticker
600642.SS
ISIN
CNE0000005Q7
As of Aug 13, 2024, Shenergy Co's P/E ratio was 10.48, a 10.9% change from the 9.45 P/E ratio recorded in the previous year.
The Shenergy Co P/E history
Shenergy Co Aktienanalyse
What does Shenergy Co do?
Shenergy Co Ltd is a leading company in China's energy industry. The company's history dates back to 1853 when the first gas works was established in Shanghai. In 1995, the company was founded as a joint venture between the city of Shanghai and BP, and has since grown to become one of the largest energy supply companies in the region. Shenergy's business model is based on the implementation of environmentally friendly energy projects. It mainly focuses on the generation, transmission, and distribution of electricity and gas. Shenergy has also specialized in the development of intelligent energy efficiency solutions for the industry and commerce. Additionally, the company is involved in the development of smart cities, smart grids, as well as biomass and geothermal energy. Shenergy has four main business areas. The first one is power generation. Shenergy operates several power plants in Shanghai and other provinces. The company also sources electricity from other companies through a vertically integrated energy chain, from energy generation to electricity trading. It offers a wide range of electricity products that can be customized to meet the needs of customers. The second business area is gas. The company offers a complete range of services for the exploration, production, transportation, and sale of gas products. Shenergy also operates several natural gas distribution stations to meet the local demand. Additionally, the company invests in the expansion of liquefied natural gas (LNG) and compressed natural gas (CNG) vehicles. The third business area is intelligent energy efficiency. Shenergy is a leading provider of intelligent energy efficiency solutions for the industry and commerce. The solutions include energy management systems, industrial gas-electricity networks, energy diagnosis and analysis systems, as well as energy-saving devices. Shenergy also has an energy consulting department that assists customers in planning and implementing energy efficiency projects. The fourth business area is the development of smart cities. Shenergy is involved in the design and implementation of smart cities worldwide. The company utilizes its expertise in energy supply and capabilities in developing intelligent energy efficiency solutions for cities. Smart cities aim to improve the lives of residents while utilizing environmentally friendly energy sources. In recent years, Shenergy has introduced several products, including the "Green Energy Plan" that promotes environmentally friendly energy production. The company has also introduced a new household supply for electricity consumption tailored to the needs of households. In its efforts to invest in renewable energy, Shenergy has also invested in photovoltaic and wind power products. Overall, Shenergy Co Ltd has become a significant player in China's energy industry. The company has expanded its presence in the region and internationally, while continuing to focus on the implementation of environmentally friendly energy projects. The answer is: Shenergy Co Ltd is a leading company in China's energy industry that focuses on implementing environmentally friendly energy projects in power generation, gas, intelligent energy efficiency, and the development of smart cities. Shenergy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Shenergy Co's P/E Ratio
The Price to Earnings (P/E) Ratio of Shenergy Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Shenergy Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Shenergy Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Shenergy Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Shenergy Co stock
How has the price-earnings ratio of Shenergy Co changed compared to last year?
The price-to-earnings ratio of Shenergy Co has increased by 10.9% 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 Shenergy Co high compared to other companies?
Yes, the price-to-earnings ratio of Shenergy Co is high compared to other companies.
How does an increase in the price-earnings ratio of Shenergy Co affect the company?
An increase in the price-earnings ratio of Shenergy 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 Shenergy Co affect the company?
A decrease in the price-earnings ratio of Shenergy 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 Shenergy Co?
Some factors that influence the price-earnings ratio of Shenergy Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Shenergy Co pay?
Over the past 12 months, Shenergy Co paid a dividend of 0.16 CNY . This corresponds to a dividend yield of about 1.97 %. For the coming 12 months, Shenergy Co is expected to pay a dividend of 0.16 CNY.
What is the dividend yield of Shenergy Co?
The current dividend yield of Shenergy Co is 1.97 %.
When does Shenergy Co pay dividends?
Shenergy Co pays a quarterly dividend. This is distributed in the months of August, August, July, July.
How secure is the dividend of Shenergy Co?
Shenergy Co paid dividends every year for the past 23 years.
What is the dividend of Shenergy Co?
For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 1.98 %.
In which sector is Shenergy Co located?
Shenergy Co is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Shenergy Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shenergy Co from 6/26/2024 amounting to 0.4 CNY, you needed to have the stock in your portfolio before the ex-date on 6/26/2024.
When did Shenergy Co pay the last dividend?
The last dividend was paid out on 6/26/2024.
What was the dividend of Shenergy Co in the year 2023?
In the year 2023, Shenergy Co distributed 0.2 CNY as dividends.
In which currency does Shenergy Co pay out the dividend?
The dividends of Shenergy Co are distributed in CNY.
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Andere Kennzahlen von Shenergy Co
Our stock analysis for Shenergy 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 Shenergy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.