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Texhong International Group - Stock

Texhong International Group P/E 2024

Texhong International Group P/E

3.11

Ticker

2678.HK

ISIN

KYG876551170

WKN

A1W681

As of Jun 27, 2024, Texhong International Group's P/E ratio was 3.11, a -125.31% change from the -12.29 P/E ratio recorded in the previous year.

The Texhong International Group P/E history

Texhong International Group Aktienanalyse

What does Texhong International Group do?

Texhong Textile Group Ltd. is a leading textile manufacturer with a wide range of products and an impressive history. The company was founded in Hong Kong in 1997 and has since experienced steady growth. It operates factories in China, Vietnam, Indonesia, and Cambodia and is listed on the Hong Kong Stock Exchange. The company's business model is based on the principle of vertical integration, allowing for control over the entire production process and faster response to market demands. Texhong specializes in various types of textiles, including yarn, fabrics for clothing and home textiles, and technical textiles for different applications. The company also emphasizes sustainability and environmental protection, aiming to minimize its production's impact on the environment and introducing eco-friendly methods and materials. Overall, Texhong has established itself as a strong player in the market, adapting to changing market demands and delivering high-quality products to its customers. Texhong International Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Texhong International Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Texhong International Group 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 Texhong International Group'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 Texhong International Group 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 Texhong International Group’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 Texhong International Group Stock

What is the price-to-earnings ratio of Texhong International Group?

The price-earnings ratio of Texhong International Group is currently 3.11.

How has the price-earnings ratio of Texhong International Group changed compared to last year?

The price-to-earnings ratio of Texhong International Group has increased by -125.31% 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 Texhong International Group high compared to other companies?

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

How does an increase in the price-earnings ratio of Texhong International Group affect the company?

An increase in the price-earnings ratio of Texhong International 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 Texhong International Group affect the company?

A decrease in the price-earnings ratio of Texhong International 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 Texhong International Group?

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

How much dividend does Texhong International Group pay?

Over the past 12 months, Texhong International Group paid a dividend of 0.95 CNY . This corresponds to a dividend yield of about 22.19 %. For the coming 12 months, Texhong International Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of Texhong International Group?

The current dividend yield of Texhong International Group is 22.19 %.

When does Texhong International Group pay dividends?

Texhong International Group pays a quarterly dividend. This is distributed in the months of June, October, June, October.

How secure is the dividend of Texhong International Group?

Texhong International Group paid dividends every year for the past 3 years.

What is the dividend of Texhong International 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 Texhong International Group located?

Texhong International Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Texhong International Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Texhong International Group from 10/14/2022 amounting to 0.38 CNY, you needed to have the stock in your portfolio before the ex-date on 9/23/2022.

When did Texhong International Group pay the last dividend?

The last dividend was paid out on 10/14/2022.

What was the dividend of Texhong International Group in the year 2023?

In the year 2023, Texhong International Group distributed 0.95 CNY as dividends.

In which currency does Texhong International Group pay out the dividend?

The dividends of Texhong International Group are distributed in CNY.

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Andere Kennzahlen von Texhong International Group

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