RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tongling Nonferrous Metals Group Co Stock

Tongling Nonferrous Metals Group Co P/S 2024

Tongling Nonferrous Metals Group Co P/S

0.33

Ticker

000630.SZ

ISIN

CNE000000529

As of Oct 6, 2024, Tongling Nonferrous Metals Group Co's P/S ratio stood at 0.33, a 22.22% change from the 0.27 P/S ratio recorded in the previous year.

The Tongling Nonferrous Metals Group Co P/S 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/S Details

Decoding Tongling Nonferrous Metals Group Co's P/S Ratio

Tongling Nonferrous Metals Group Co'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 Tongling Nonferrous Metals Group Co'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 Tongling Nonferrous Metals Group Co'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 Tongling Nonferrous Metals Group Co’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 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 0.33.

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 22.22% 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.

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 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.