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Tongling Nonferrous Metals Group Co Stock

Tongling Nonferrous Metals Group Co P/E 2024

Tongling Nonferrous Metals Group Co P/E

15.29

Ticker

000630.SZ

ISIN

CNE000000529

As of Oct 6, 2024, Tongling Nonferrous Metals Group Co's P/E ratio was 15.29, a 10% change from the 13.9 P/E ratio recorded in the previous year.

The Tongling Nonferrous Metals Group Co P/E history

Tongling Nonferrous Metals Group Co Aktienanalyse

What does Tongling Nonferrous Metals Group Co do?

Tongling Nonferrous Metals Group Co Ltd is a Chinese company that was founded in 1952 as Tongling Copper Smelter and today is one of the world's largest copper producers. The company is based in the Anhui province and employs over 20,000 employees. Its product range includes copper and aluminum products, intermediate products for the chemical industry, as well as electronics and electrical parts. The company's history is closely linked to the development of the Chinese economy. In the 1950s, Tongling Copper Smelter was established to meet the demand for copper in China. In the 1980s, the company began to diversify its product range and focused on a strategy of diversification. This included the production of aluminum and chemical intermediates. In 2000, Tongling Nonferrous Metals Group Co Ltd was founded to consolidate these activities. The company's business model is based on vertical integration, meaning that they not only manufacture products but also extract the raw materials. The company operates its own copper and aluminum mines and also has access to large deposits of rare earths and other metals. This allows them to cover the entire value chain and maintain production stability even during times of high raw material prices. The company is divided into various divisions. The largest is the copper division, which manufactures copper products for various industries. This includes cable and wire products, pipes, and forged products. The aluminum division mainly produces aluminum profiles for the construction and transportation industries. The chemical division produces intermediate products for the pharmaceutical, agricultural, and food industries. Finally, there is the electronics and electrical division, which produces electronic components, batteries, and solar cells. The company is not only active in China but also internationally. It has subsidiaries and investments in Europe, North America, and Asia. Tongling Nonferrous Metals Group Co Ltd is pursuing a strategy of expanding its international business and aims to become a global brand. In summary, Tongling Nonferrous Metals Group Co Ltd is a successful Chinese company with a long history. It has evolved from a pure copper producer to a diversified conglomerate operating in various sectors. The business model is based on vertical integration, providing the company with stability. Tongling Nonferrous Metals Group Co Ltd is active not only in China but also internationally and aims to become a global brand. Tongling Nonferrous Metals Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tongling Nonferrous Metals Group Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tongling Nonferrous Metals Group Co 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 Tongling Nonferrous Metals Group Co'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 Tongling Nonferrous Metals Group Co 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 Tongling Nonferrous Metals Group Co’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 Tongling Nonferrous Metals Group Co stock

What is the price-to-earnings ratio of Tongling Nonferrous Metals Group Co?

The price-earnings ratio of Tongling Nonferrous Metals Group Co is currently 15.29.

How has the price-earnings ratio of Tongling Nonferrous Metals Group Co changed compared to last year?

The price-to-earnings ratio of Tongling Nonferrous Metals Group Co has increased by 10% 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 Tongling Nonferrous Metals Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Tongling Nonferrous Metals Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tongling Nonferrous Metals Group Co affect the company?

An increase in the price-earnings ratio of Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co affect the company?

A decrease in the price-earnings ratio of Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co?

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

How much dividend does Tongling Nonferrous Metals Group Co pay?

Over the past 12 months, Tongling Nonferrous Metals Group Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 1.3 %. For the coming 12 months, Tongling Nonferrous Metals Group Co is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of Tongling Nonferrous Metals Group Co?

The current dividend yield of Tongling Nonferrous Metals Group Co is 1.3 %.

When does Tongling Nonferrous Metals Group Co pay dividends?

Tongling Nonferrous Metals Group Co pays a quarterly dividend. This is distributed in the months of June, June, July, July.

How secure is the dividend of Tongling Nonferrous Metals Group Co?

Tongling Nonferrous Metals Group Co paid dividends every year for the past 9 years.

What is the dividend of Tongling Nonferrous Metals Group Co?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 1.44 %.

In which sector is Tongling Nonferrous Metals Group Co located?

Tongling Nonferrous Metals Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tongling Nonferrous Metals Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongling Nonferrous Metals Group Co from 6/7/2024 amounting to 0.079 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Tongling Nonferrous Metals Group Co pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Tongling Nonferrous Metals Group Co in the year 2023?

In the year 2023, Tongling Nonferrous Metals Group Co distributed 0.1 CNY as dividends.

In which currency does Tongling Nonferrous Metals Group Co pay out the dividend?

The dividends of Tongling Nonferrous Metals Group Co are distributed in CNY.

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Andere Kennzahlen von Tongling Nonferrous Metals Group Co

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