Shin Foong Specialty and Applied Materials Co - Stock

Shin Foong Specialty and Applied Materials Co P/S 2024

Shin Foong Specialty and Applied Materials Co P/S

6.8

Shin Foong Specialty and Applied Materials Co Dividend yield

2.92 %

Ticker

6582.TW

ISIN

TW0006582000

As of Jun 9, 2024, Shin Foong Specialty and Applied Materials Co's P/S ratio stood at 6.8, a 7.77% change from the 6.31 P/S ratio recorded in the previous year.

The Shin Foong Specialty and Applied Materials Co P/S history

Shin Foong Specialty and Applied Materials Co Aktienanalyse

What does Shin Foong Specialty and Applied Materials Co do?

Shin Foong Specialty and Applied Materials Co Ltd is a Taiwanese company that was founded in 1963. The company is based in Taoyuan, Taiwan and specializes in the manufacturing and distribution of specialty chemicals. The business model of Shin Foong Specialty and Applied Materials Co Ltd is based on a clear focus on customer needs and continuous product and service improvement. The company works closely with its customers to develop customized solutions for their specific requirements. The portfolio of Shin Foong Specialty and Applied Materials Co Ltd currently includes three different business areas: specialty chemicals, functional polymers, and advanced materials. In the field of specialty chemicals, the company produces a variety of products including epoxy resins, polyurethanes, polyamides, polyesters, silicone elastomers, adhesives, and coatings. In the field of functional polymers, the company offers a wide range of products including thermoplastic elastomers, polyamide and polyester resins, as well as flame retardants. These polymers are used in various industries including automotive, electronics, construction, and packaging. The advanced materials business area includes a variety of products including carbon fiber composites, aramid fabrics, glass fiber mats, and fiber composite materials. These materials are used in the aerospace, automotive, shipbuilding, and machinery industries, as well as in the sports and leisure industry. Shin Foong Specialty and Applied Materials Co Ltd is committed to offering innovative products and services that provide customers with real value. The company places great importance on research and development and works closely with leading research institutes and universities to continuously develop new products and technologies. Some of the key products of Shin Foong Specialty and Applied Materials Co Ltd are epoxy resins, which are used in a variety of applications including the production of paints, adhesives, and plastics. The epoxy resins from Shin Foong Specialty and Applied Materials Co Ltd are of high quality and meet the strictest industry standards. Another important product of Shin Foong Specialty and Applied Materials Co Ltd is thermoplastic elastomers, which are used in a variety of industries due to their excellent flexibility and weather resistance. These elastomers are particularly popular among manufacturers of automobiles, electronic products, and sports equipment. In summary, Shin Foong Specialty and Applied Materials Co Ltd is a leading manufacturer of specialty chemicals and advanced materials, known for innovation, quality, and customer-oriented products and services. The company has a long history and is constantly striving to expand its portfolio and offer customized solutions to its customers. Shin Foong Specialty and Applied Materials Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shin Foong Specialty and Applied Materials Co's P/S Ratio

Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials Co Stock

What is the price-to-earnings ratio of Shin Foong Specialty and Applied Materials Co?

The price-earnings ratio of Shin Foong Specialty and Applied Materials Co is currently 6.8.

How has the price-earnings ratio of Shin Foong Specialty and Applied Materials Co changed compared to last year?

The price-to-earnings ratio of Shin Foong Specialty and Applied Materials Co has increased by 7.77% 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 Shin Foong Specialty and Applied Materials Co high compared to other companies?

Yes, the price-to-earnings ratio of Shin Foong Specialty and Applied Materials Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shin Foong Specialty and Applied Materials Co affect the company?

An increase in the price-earnings ratio of Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials Co affect the company?

A decrease in the price-earnings ratio of Shin Foong Specialty and Applied Materials 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 Shin Foong Specialty and Applied Materials Co?

Some factors that influence the price-earnings ratio of Shin Foong Specialty and Applied Materials Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shin Foong Specialty and Applied Materials Co pay?

Over the past 12 months, Shin Foong Specialty and Applied Materials Co paid a dividend of 1.5 TWD . This corresponds to a dividend yield of about 2.92 %. For the coming 12 months, Shin Foong Specialty and Applied Materials Co is expected to pay a dividend of 1.5 TWD.

What is the dividend yield of Shin Foong Specialty and Applied Materials Co?

The current dividend yield of Shin Foong Specialty and Applied Materials Co is 2.92 %.

When does Shin Foong Specialty and Applied Materials Co pay dividends?

Shin Foong Specialty and Applied Materials Co pays a quarterly dividend. This is distributed in the months of August, September, September, August.

How secure is the dividend of Shin Foong Specialty and Applied Materials Co?

Shin Foong Specialty and Applied Materials Co paid dividends every year for the past 8 years.

What is the dividend of Shin Foong Specialty and Applied Materials Co?

For the upcoming 12 months, dividends amounting to 1.5 TWD are expected. This corresponds to a dividend yield of 2.92 %.

In which sector is Shin Foong Specialty and Applied Materials Co located?

Shin Foong Specialty and Applied Materials Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shin Foong Specialty and Applied Materials Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shin Foong Specialty and Applied Materials Co from 8/25/2023 amounting to 1.5 TWD, you needed to have the stock in your portfolio before the ex-date on 7/20/2023.

When did Shin Foong Specialty and Applied Materials Co pay the last dividend?

The last dividend was paid out on 8/25/2023.

What was the dividend of Shin Foong Specialty and Applied Materials Co in the year 2023?

In the year 2023, Shin Foong Specialty and Applied Materials Co distributed 15 TWD as dividends.

In which currency does Shin Foong Specialty and Applied Materials Co pay out the dividend?

The dividends of Shin Foong Specialty and Applied Materials Co are distributed in TWD.

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