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Tongda Group Holdings Stock

Tongda Group Holdings P/E 2024

Tongda Group Holdings P/E

5.01

Ticker

698.HK

ISIN

KYG8917X1218

WKN

787139

As of Oct 3, 2024, Tongda Group Holdings's P/E ratio was 5.01, a -795.83% change from the -0.72 P/E ratio recorded in the previous year.

The Tongda Group Holdings P/E history

Tongda Group Holdings Aktienanalyse

What does Tongda Group Holdings do?

Tongda Group Holdings Ltd is a Hong Kong-based company that was founded in 1997. The company operates in various industries, including automotive electronics, household appliances, smart home systems, automation technology, and medical equipment. It has subsidiaries in China, Europe, North America, and Asia. The company originally started in the production of household appliances such as kettles, toasters, and blenders. However, it quickly realized the importance of diversifying and expanding into different sectors. Tongda has since invested heavily in expanding its technological and electronic capabilities. In recent years, it has also invested in the automotive sector and now manufactures automotive electronics used in various cars. Tongda's business model is based on the manufacturing of electronic components and devices. It has become an important supplier to other companies due to its expertise in electronics and automation. The company also sells a variety of products directly to customers. Tongda is constantly striving to improve its manufacturing techniques and product development in order to offer the latest and best products to its customers. It places particular emphasis on advanced technologies such as artificial intelligence and the Internet of Things. Tongda is divided into different divisions, including household appliances, automotive electronics, smart home systems, and medical equipment. Each division faces its own challenges and offers specific products. The company has an experienced team of engineers, designers, and manufacturing experts who collaborate to develop new products and improve existing ones. In the household appliances division, Tongda produces a wide range of products, including toasters, kettles, coffee machines, and air purifiers. Advanced technologies are also used to enhance the performance and quality of these products. The automotive electronics division is a significant growth area for the company. Tongda produces a variety of products in this division, including sensors, cameras, and infotainment systems. With its advanced technologies, Tongda has become a key supplier to some of the world's largest automakers. Smart home systems rely on Internet of Things (IoT) technologies to connect various devices and systems in the home. Tongda produces a range of devices in this division, such as smart plugs, surveillance cameras, and wireless speakers. The company has also developed home automation solutions that allow homeowners to control their devices and systems easily and effectively. The medical products division is another important area for the company. Tongda produces artificial joints and implants, among other medical devices. Overall, Tongda Group Holdings Ltd has become a significant player in the electronics and automation industry. The company is constantly striving to evolve and improve its capabilities and technologies. Tongda Group Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tongda Group Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Tongda Group 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 Tongda Group 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 Tongda Group 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 Tongda Group 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 Tongda Group Holdings stock

What is the price-to-earnings ratio of Tongda Group Holdings?

The price-earnings ratio of Tongda Group Holdings is currently 5.01.

How has the price-earnings ratio of Tongda Group Holdings changed compared to last year?

The price-to-earnings ratio of Tongda Group Holdings has increased by -795.83% 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 Tongda Group Holdings high compared to other companies?

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

How does an increase in the price-earnings ratio of Tongda Group Holdings affect the company?

An increase in the price-earnings ratio of Tongda Group 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 Tongda Group Holdings affect the company?

A decrease in the price-earnings ratio of Tongda Group 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 Tongda Group Holdings?

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

How much dividend does Tongda Group Holdings pay?

Over the past 12 months, Tongda Group Holdings paid a dividend of 0 HKD . This corresponds to a dividend yield of about 0.55 %. For the coming 12 months, Tongda Group Holdings is expected to pay a dividend of 0 HKD.

What is the dividend yield of Tongda Group Holdings?

The current dividend yield of Tongda Group Holdings is 0.55 %.

When does Tongda Group Holdings pay dividends?

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

How secure is the dividend of Tongda Group Holdings?

Tongda Group Holdings paid dividends every year for the past 3 years.

What is the dividend of Tongda Group Holdings?

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

In which sector is Tongda Group Holdings located?

Tongda Group Holdings is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Tongda Group Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongda Group Holdings from 6/12/2020 amounting to 0.001 HKD, you needed to have the stock in your portfolio before the ex-date on 5/28/2020.

When did Tongda Group Holdings pay the last dividend?

The last dividend was paid out on 6/12/2020.

What was the dividend of Tongda Group Holdings in the year 2023?

In the year 2023, Tongda Group Holdings distributed 0 HKD as dividends.

In which currency does Tongda Group Holdings pay out the dividend?

The dividends of Tongda Group Holdings are distributed in HKD.

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Andere Kennzahlen von Tongda Group Holdings

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