What is the price-to-earnings ratio of Shougang Century Holdings?
The price-earnings ratio of Shougang Century Holdings is currently 5.69.
Shougang Century Holdings P/E 2024
Shougang Century Holdings P/E
5.69
Ticker
103.HK
ISIN
HK0103000607
WKN
884115
As of Nov 20, 2024, Shougang Century Holdings's P/E ratio was 5.69, a -54.48% change from the 12.5 P/E ratio recorded in the previous year.
The Shougang Century Holdings P/E history
Shougang Century Holdings Aktienanalyse
What does Shougang Century Holdings do?
Shougang Concord Century Holdings Ltd is a Chinese company that was founded in 1993. The company is based in Beijing and is part of the Shougang Group, a huge state-owned enterprise that operates in over 20 countries. Shougang Concord Century Holdings is mainly involved in the steel industry and offers a wide range of products and services to its customers. The company is divided into three main business segments: the steel industry, the real estate industry, and the energy industry. In the steel industry, Shougang Concord Century Holdings is a significant producer of high-quality steel products for various applications. The company's products are used in many industries, including construction, automotive, aerospace, and electronics. The history of Shougang Concord Century Holdings dates back to the establishment of Shougang in the 1950s. The company was initially a small steel mill in Beijing, working on behalf of the Chinese government. Over the years, the company expanded and became a major player in the Chinese market for steel products. In the 1990s, Shougang Concord Century Holdings began to expand its business activities into new areas such as the real estate industry and the energy industry. Since then, the company has further strengthened its position as one of the leading Chinese companies in these sectors. The business model of Shougang Concord Century Holdings is focused on continuity and growth. The company invests continuously in its existing business segments and explores new market opportunities. This is done strategically, with a focus on building strong relationships with customers, partners, and regulatory authorities. In the steel industry, Shougang Concord Century Holdings is a significant producer of cold-rolled steel and steel pipes. The company is capable of manufacturing a variety of steel grades and shapes that meet the requirements of its customers. This includes specialized products such as stainless steel and electrolytic zinc steel. In the real estate industry, Shougang Concord Century Holdings focuses on the development of office and residential properties in China. The company has completed several major projects in Beijing and other Chinese cities. It has been particularly successful in the development of business parks tailored to the needs of technology and media companies. In the energy industry, Shougang Concord Century Holdings is involved in the production of heavy oil and natural gas. The company operates several gas fields in the Sichuan region and is capable of extracting and delivering a significant amount of natural gas. Heavy oil is used in industry as fuel and as a raw material for the production of chemicals. Overall, Shougang Concord Century Holdings emphasizes broad diversification of its business activities. This positions the company well to withstand market fluctuations and economic turbulence. At the same time, it is able to take advantage of new market opportunities and continuously expand its business. Shougang Century Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Shougang Century Holdings's P/E Ratio
The Price to Earnings (P/E) Ratio of Shougang Century Holdings 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 Shougang Century Holdings'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 Shougang Century Holdings 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 Shougang Century Holdings’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 Shougang Century Holdings stock
How has the price-earnings ratio of Shougang Century Holdings changed compared to last year?
The price-to-earnings ratio of Shougang Century Holdings has increased by -54.48% 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 Shougang Century Holdings high compared to other companies?
Yes, the price-to-earnings ratio of Shougang Century Holdings is high compared to other companies.
How does an increase in the price-earnings ratio of Shougang Century Holdings affect the company?
An increase in the price-earnings ratio of Shougang Century 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 Shougang Century Holdings affect the company?
A decrease in the price-earnings ratio of Shougang Century 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 Shougang Century Holdings?
Some factors that influence the price-earnings ratio of Shougang Century Holdings are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Shougang Century Holdings pay?
Over the past 12 months, Shougang Century Holdings paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 1.95 %. For the coming 12 months, Shougang Century Holdings is expected to pay a dividend of 0.01 HKD.
What is the dividend yield of Shougang Century Holdings?
The current dividend yield of Shougang Century Holdings is 1.95 %.
When does Shougang Century Holdings pay dividends?
Shougang Century Holdings pays a quarterly dividend. This is distributed in the months of July, August, August, August.
How secure is the dividend of Shougang Century Holdings?
Shougang Century Holdings paid dividends every year for the past 4 years.
What is the dividend of Shougang Century Holdings?
For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 1.95 %.
In which sector is Shougang Century Holdings located?
Shougang Century Holdings is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Shougang Century Holdings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shougang Century Holdings from 7/31/2024 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.
When did Shougang Century Holdings pay the last dividend?
The last dividend was paid out on 7/31/2024.
What was the dividend of Shougang Century Holdings in the year 2023?
In the year 2023, Shougang Century Holdings distributed 0.015 HKD as dividends.
In which currency does Shougang Century Holdings pay out the dividend?
The dividends of Shougang Century Holdings are distributed in HKD.
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Andere Kennzahlen von Shougang Century Holdings
Our stock analysis for Shougang Century 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 Shougang Century Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Shougang Century Holdings Revenue
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- Shougang Century Holdings P/E
- Shougang Century Holdings P/S
- Shougang Century Holdings EBIT
- Shougang Century Holdings Dividend
- Shougang Century Holdings Stocks
- Shougang Century Holdings Market capitalization
- Shougang Century Holdings Debt
- Shougang Century Holdings Liabilities
- Shougang Century Holdings Equity
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