Tongwei Co Stock

Tongwei Co Stocks 2024

Tongwei Co Stocks

4.72 B

Ticker

600438.SS

ISIN

CNE000001GS3

In 2024, Tongwei Co had 4.72 B outstanding stocks, a 0% change from the 4.72 B stocks in the previous year.

The Tongwei Co Stocks history

YEARNUMBER OF STOCKS (undefined CNY)
2028e4.72
2027e4.72
2026e4.72
2025e4.72
2024e4.72
20234.72
20224.69
20214.5
20204.26
20193.88
20183.88
20173.88
20163.18
20151.63
20141.63
20131.63
20121.38
20111.38
20101.38
20091.38
20081.38
20071.38
20061.38
20051.38
20041.38

Tongwei Co shares outstanding

The number of shares was Tongwei Co in 2023 — This indicates how many shares 4.723 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Tongwei Co earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Tongwei Co's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Tongwei Co’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Tongwei Co's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Tongwei Co Aktienanalyse

What does Tongwei Co do?

Tongwei Co. Ltd is a Chinese company that was founded in 1984. It is now a leader in the production of solar cells and animal feed. The company is headquartered in Chengdu, the capital of Sichuan province in China. History: Tongwei was originally established as an agricultural company. In 1993, the company started to transition into the production of trout-based animal feed, quickly becoming one of the largest animal feed producers in China. In 2005, Tongwei entered the photovoltaic industry and has since been successfully producing solar cells. Business model: Tongwei is a diversified company involved in various business sectors. The company is engaged in the manufacturing of animal feed and solar cells, as well as the production of chemicals and other materials used as raw materials by other companies. Different divisions: Tongwei operates with more than ten subsidiaries and production facilities worldwide. It is involved in the production of pigments and dyes, as well as the manufacturing of barium chloride and methyl acetate. Additionally, the company also produces carbon and aluminum foils. Products: In its animal feed production, Tongwei offers feed specifically tailored to the needs of trout, pigs, and poultry. Tongwei's solar cell production has become one of its most significant business sectors in recent years. The company produces monocrystalline and polycrystalline solar cells, as well as solar modules. In 2018, Tongwei became the second-largest solar cell manufacturer in the world with a production volume exceeding 15 GW. Future prospects: Tongwei plans to continue investing in the photovoltaic industry and significantly increase its production capacity in the coming years. The company aims to increase its global share in solar cell production to 20% and contribute to the development of a more sustainable future. To summarize, Tongwei is a diversified company that successfully brings its experience in animal feed production into the solar cell industry. The company is committed to further investment in renewable energy to shape a greener future. Only the answer in the output. Tongwei Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Stocks Details

Evaluating Tongwei Co's Shares Outstanding

Tongwei Co's shares outstanding refer to the total number of shares that are currently held by all its shareholders, including institutional investors and restricted shares held by the company’s officers and insiders. The number of shares outstanding is crucial in determining the company's market capitalization and is used by investors to assess the company’s size, financial health, and investment potential.

Year-to-Year Comparison

Tracking the changes in Tongwei Co’s shares outstanding over the years can provide investors with insights into the company's financial strategies and market valuation. An increase in shares outstanding can result from actions like issuing new shares, while a decrease can result from buybacks.

Impact on Investments

For investors, understanding Tongwei Co’s shares outstanding is essential for evaluating its earnings per share (EPS) and market valuation. A change in the number of shares outstanding can impact the EPS, which is a significant driver of stock prices and investor decisions.

Interpreting Changes in Shares Outstanding

Variances in Tongwei Co’s shares outstanding can signal shifts in the company’s financial strategy. An increase may dilute the EPS and share value, indicating potential fundraising or acquisitions. Conversely, a decrease, often due to share buybacks, can enhance share value and indicate the company’s confidence in its financial performance.

Frequently Asked Questions about Tongwei Co stock

How many stocks are there of Tongwei Co?

The current number of stocks of Tongwei Co is 4.72 B undefined.

What does Number of Shares / OutstandingShares mean?

The outstanding shares (or issued shares) of Tongwei Co are the total number of shares issued and actively held by shareholders - both external investors and company insiders. However, these must be actual shares. may grant stock options to executives that can be converted into shares.

How has the number of shares of Tongwei Co evolved in recent years?

The number of shares of Tongwei Co has increased by 0% gestiegen compared to last year.

What does the number of shares mean for investors?

The number of shares outstanding is used to calculate key metrics such as a company's market capitalization, earnings per share (EPS), and cash flow per share (CFPS). The number of outstanding shares of a company is not static and can fluctuate greatly over time.

Why does the number of stocks fluctuate?

There are various factors that can lead to a change. Tongwei Co as a company can issue new shares, carry out stock splits or reverse splits.

Does the number of shares have an impact on the performance of Tongwei Co?

There is no tangible long-term evidence or study that stocks with a certain number of shares (regardless of Mega/Large/Mid/Small Cap) would yield significantly higher returns than others. There are occasional small studies (limited number of stocks, short investment period) that certain classes outperform or have higher risk, but none of them are 1. conclusive (cause-effect is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

How much dividend does Tongwei Co pay?

Over the past 12 months, Tongwei Co paid a dividend of 2.86 CNY . This corresponds to a dividend yield of about 12.52 %. For the coming 12 months, Tongwei Co is expected to pay a dividend of 3.87 CNY.

What is the dividend yield of Tongwei Co?

The current dividend yield of Tongwei Co is 12.52 %.

When does Tongwei Co pay dividends?

Tongwei Co pays a quarterly dividend. This is distributed in the months of June, June, June, July.

How secure is the dividend of Tongwei Co?

Tongwei Co paid dividends every year for the past 17 years.

What is the dividend of Tongwei Co?

For the upcoming 12 months, dividends amounting to 3.87 CNY are expected. This corresponds to a dividend yield of 16.94 %.

In which sector is Tongwei Co located?

Tongwei Co is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Tongwei Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongwei Co from 6/14/2024 amounting to 0.905 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Tongwei Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Tongwei Co in the year 2023?

In the year 2023, Tongwei Co distributed 0.912 CNY as dividends.

In which currency does Tongwei Co pay out the dividend?

The dividends of Tongwei Co are distributed in CNY.

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Andere Kennzahlen von Tongwei Co

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