Shengli Oil & Gas Pipe Holdings Stock

Shengli Oil & Gas Pipe Holdings P/S 2024

Shengli Oil & Gas Pipe Holdings P/S

0.37

Ticker

1080.HK

ISIN

KYG811661035

WKN

A0YGKV

As of Oct 1, 2024, Shengli Oil & Gas Pipe Holdings's P/S ratio stood at 0.37, a 60.87% change from the 0.23 P/S ratio recorded in the previous year.

The Shengli Oil & Gas Pipe Holdings P/S history

Shengli Oil & Gas Pipe Holdings Aktienanalyse

What does Shengli Oil & Gas Pipe Holdings do?

Shengli Oil & Gas Pipe Holdings Ltd is a leading Chinese company in the manufacturing of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company is headquartered in Dongying City, Shandong Province. The history of Shengli Oil & Gas Pipe Holdings Ltd dates back to 1975. Originally, the company was established as a department of Shengli Oilfield, the second-largest oil field in China, to meet the field's need for pipes. Over time, the company has grown into one of the largest manufacturers of seamless steel pipes in China. Shengli Oil & Gas Pipe Holdings Ltd owns and operates three production facilities in China and has a production capacity of over one million tons of seamless steel pipes per year. The products are available in various sizes and materials and can be customized according to customer needs. The business model of Shengli Oil & Gas Pipe Holdings Ltd is based on the manufacturing and supply of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company specializes in the production of seamless steel pipes for offshore oil fields and gas pipelines and is a major supplier for the largest Chinese offshore drilling rig. Shengli Oil & Gas Pipe Holdings Ltd offers a wide range of seamless steel pipes for various applications. The pipes are suitable for use in high and medium-pressure environments, as well as in extremely low temperatures. The company is also able to manufacture pipes with special requirements, such as high corrosion protection or for use in extremely challenging conditions. Shengli Oil & Gas Pipe Holdings Ltd has three main divisions: exploration and production, transportation and storage, and processing and distribution. The exploration and production division offers seamless steel pipes for use in offshore oil fields and deep-sea drilling. The transportation and storage division provides seamless steel pipes for the construction of gas pipelines and oil pipelines. The processing and distribution division is responsible for the processing and sale of seamless steel pipes to customers in China and abroad. Shengli Oil & Gas Pipe Holdings Ltd has also implemented comprehensive quality assurance and control to ensure that its products meet strict international standards. The company has obtained ISO 9001 certification for quality management systems and also complies with the API 5L specification, as well as various other international norms and standards. Over the years, Shengli Oil & Gas Pipe Holdings Ltd has become a leading manufacturer of seamless steel pipes in China. The company is competitive in the global market and has established a strong presence in Asia, Europe, and North America. Shengli Oil & Gas Pipe Holdings Ltd will continue to invest in technology and innovation to strengthen its position as a leading provider of seamless steel pipes for the energy and petrochemical industry. Shengli Oil & Gas Pipe Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shengli Oil & Gas Pipe Holdings's P/S Ratio

Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings’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 Shengli Oil & Gas Pipe Holdings stock

What is the price-to-earnings ratio of Shengli Oil & Gas Pipe Holdings?

The price-earnings ratio of Shengli Oil & Gas Pipe Holdings is currently 0.37.

How has the price-earnings ratio of Shengli Oil & Gas Pipe Holdings changed compared to last year?

The price-to-earnings ratio of Shengli Oil & Gas Pipe Holdings has increased by 60.87% 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 Shengli Oil & Gas Pipe Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Shengli Oil & Gas Pipe Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Shengli Oil & Gas Pipe Holdings affect the company?

An increase in the price-earnings ratio of Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings affect the company?

A decrease in the price-earnings ratio of Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings?

Some factors that influence the price-earnings ratio of Shengli Oil & Gas Pipe Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shengli Oil & Gas Pipe Holdings pay?

Over the past 12 months, Shengli Oil & Gas Pipe Holdings paid a dividend of 0 CNY . This corresponds to a dividend yield of about 4.77 %. For the coming 12 months, Shengli Oil & Gas Pipe Holdings is expected to pay a dividend of 0 CNY.

What is the dividend yield of Shengli Oil & Gas Pipe Holdings?

The current dividend yield of Shengli Oil & Gas Pipe Holdings is 4.77 %.

When does Shengli Oil & Gas Pipe Holdings pay dividends?

Shengli Oil & Gas Pipe Holdings pays a quarterly dividend. This is distributed in the months of July, July, October, July.

How secure is the dividend of Shengli Oil & Gas Pipe Holdings?

Shengli Oil & Gas Pipe Holdings paid dividends every year for the past 0 years.

What is the dividend of Shengli Oil & Gas Pipe Holdings?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shengli Oil & Gas Pipe Holdings located?

Shengli Oil & Gas Pipe Holdings is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Shengli Oil & Gas Pipe Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shengli Oil & Gas Pipe Holdings from 7/28/2014 amounting to 0.001 CNY, you needed to have the stock in your portfolio before the ex-date on 6/24/2014.

When did Shengli Oil & Gas Pipe Holdings pay the last dividend?

The last dividend was paid out on 7/28/2014.

What was the dividend of Shengli Oil & Gas Pipe Holdings in the year 2023?

In the year 2023, Shengli Oil & Gas Pipe Holdings distributed 0 CNY as dividends.

In which currency does Shengli Oil & Gas Pipe Holdings pay out the dividend?

The dividends of Shengli Oil & Gas Pipe Holdings are distributed in CNY.

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Andere Kennzahlen von Shengli Oil & Gas Pipe Holdings

Our stock analysis for Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.