Shenzhen Fortune Trend Technology Co P/S 2024

P/S Details

Decoding Shenzhen Fortune Trend Technology Co's P/S Ratio

Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology Co stock

What is the price-to-earnings ratio of Shenzhen Fortune Trend Technology Co?

The price-earnings ratio of Shenzhen Fortune Trend Technology Co is currently 20.03.

How has the price-earnings ratio of Shenzhen Fortune Trend Technology Co changed compared to last year?

The price-to-earnings ratio of Shenzhen Fortune Trend Technology Co has increased by -18.68% 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 Shenzhen Fortune Trend Technology Co high compared to other companies?

Yes, the price-to-earnings ratio of Shenzhen Fortune Trend Technology Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shenzhen Fortune Trend Technology Co affect the company?

An increase in the price-earnings ratio of Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology Co affect the company?

A decrease in the price-earnings ratio of Shenzhen Fortune Trend Technology 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 Shenzhen Fortune Trend Technology Co?

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

How much dividend does Shenzhen Fortune Trend Technology Co pay?

Over the past 12 months, Shenzhen Fortune Trend Technology Co paid a dividend of 0.71 CNY . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Shenzhen Fortune Trend Technology Co is expected to pay a dividend of 0.73 CNY.

What is the dividend yield of Shenzhen Fortune Trend Technology Co?

The current dividend yield of Shenzhen Fortune Trend Technology Co is 0.85 %.

When does Shenzhen Fortune Trend Technology Co pay dividends?

Shenzhen Fortune Trend Technology Co pays a quarterly dividend. This is distributed in the months of June, July, July, July.

How secure is the dividend of Shenzhen Fortune Trend Technology Co?

Shenzhen Fortune Trend Technology Co paid dividends every year for the past 7 years.

What is the dividend of Shenzhen Fortune Trend Technology Co?

For the upcoming 12 months, dividends amounting to 0.73 CNY are expected. This corresponds to a dividend yield of 0.87 %.

In which sector is Shenzhen Fortune Trend Technology Co located?

Shenzhen Fortune Trend Technology Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Shenzhen Fortune Trend Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shenzhen Fortune Trend Technology Co from 6/14/2024 amounting to 0.571 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Shenzhen Fortune Trend Technology Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Shenzhen Fortune Trend Technology Co in the year 2023?

In the year 2023, Shenzhen Fortune Trend Technology Co distributed 0.714 CNY as dividends.

In which currency does Shenzhen Fortune Trend Technology Co pay out the dividend?

The dividends of Shenzhen Fortune Trend Technology Co are distributed in CNY.