RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
TCL Technology Group Stock

TCL Technology Group P/S 2024

TCL Technology Group P/S

0.45

Ticker

000100.SZ

ISIN

CNE000001GL8

As of Oct 15, 2024, TCL Technology Group's P/S ratio stood at 0.45, a 9.76% change from the 0.41 P/S ratio recorded in the previous year.

The TCL Technology Group P/S history

TCL Technology Group Aktienanalyse

What does TCL Technology Group do?

TCL Technology Group Corp is a Chinese company based in Huizhou that is engaged in the production and distribution of electronic devices. The company was founded in 1981 by Li Dongsheng and has become one of the largest electronics companies in China in recent decades. TCL began its history with the production of cassette recorders and televisions in the 1980s. In the 1990s, the company expanded and also produced air conditioners and mobile phones. Today, TCL Technology Group Corp offers a wide range of products ranging from televisions, smartphones, air conditioners, to household appliances and computers. The company's business model is based on the manufacturing and sale of consumer electronics and household appliances. However, in recent years, TCL has also invested in other areas such as telecommunications, home automation, and healthcare. TCL has several subsidiaries and holdings that offer different products and services. One of these subsidiaries is TCL Multimedia Technology Holdings Ltd., which specializes in the production of televisions. TCL Communication Technology Holdings Ltd., on the other hand, offers smartphones and other mobile devices. TCL has a strong focus on research and development and has made significant investments in this area in recent years. The company operates research laboratories in China, the United States, Canada, and Europe to develop new technologies and products. TCL's main products are televisions, smartphones, and air conditioners. TCL's televisions are available in various sizes and designs and offer high picture and sound quality. TCL is also a key player in the smart TV market and collaborates with major streaming platforms such as Netflix and Amazon Prime Video. In the air conditioning sector, TCL offers a wide range of devices suitable for both residential and commercial use. TCL's air conditioners are known for their high energy efficiency and ease of use. TCL has also invested in the smartphone market in recent years and offers a wide range of devices, including both affordable and premium models. TCL's smartphones are known for their high performance and modern technology. In addition to these main products, TCL also offers a range of household appliances such as refrigerators, washing machines, vacuum cleaners, and kettles. These appliances are known for their high quality and ease of use. In the healthcare sector, TCL has also invested in health monitoring products, such as blood pressure monitors. Overall, TCL Technology Group Corp is a dynamic company with a diverse portfolio of products and services. The company focuses on research and development to develop innovative technologies and meet the needs of consumers. TCL aims to further expand its market position both domestically and internationally. TCL Technology Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding TCL Technology Group's P/S Ratio

TCL Technology Group'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 TCL Technology Group'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 TCL Technology Group'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 TCL Technology Group’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 TCL Technology Group stock

What is the price-to-earnings ratio of TCL Technology Group?

The price-earnings ratio of TCL Technology Group is currently 0.45.

How has the price-earnings ratio of TCL Technology Group changed compared to last year?

The price-to-earnings ratio of TCL Technology Group has increased by 9.76% 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 TCL Technology Group high compared to other companies?

Yes, the price-to-earnings ratio of TCL Technology Group is high compared to other companies.

How does an increase in the price-earnings ratio of TCL Technology Group affect the company?

An increase in the price-earnings ratio of TCL Technology Group 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 TCL Technology Group affect the company?

A decrease in the price-earnings ratio of TCL Technology Group 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 TCL Technology Group?

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

How much dividend does TCL Technology Group pay?

Over the past 12 months, TCL Technology Group paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 3.5 %. For the coming 12 months, TCL Technology Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of TCL Technology Group?

The current dividend yield of TCL Technology Group is 3.5 %.

When does TCL Technology Group pay dividends?

TCL Technology Group pays a quarterly dividend. This is distributed in the months of May, June, July, July.

How secure is the dividend of TCL Technology Group?

TCL Technology Group paid dividends every year for the past 3 years.

What is the dividend of TCL Technology Group?

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

In which sector is TCL Technology Group located?

TCL Technology Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von TCL Technology Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TCL Technology Group from 6/4/2024 amounting to 0.08 CNY, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.

When did TCL Technology Group pay the last dividend?

The last dividend was paid out on 6/4/2024.

What was the dividend of TCL Technology Group in the year 2023?

In the year 2023, TCL Technology Group distributed 0.15 CNY as dividends.

In which currency does TCL Technology Group pay out the dividend?

The dividends of TCL Technology Group are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von TCL Technology Group

Our stock analysis for TCL Technology Group 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 TCL Technology Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.