Tongxin International Stock

Tongxin International P/S 2024

Tongxin International P/S

0.12

Ticker

TXIC

ISIN

VGG8918T1030

As of Nov 17, 2024, Tongxin International's P/S ratio stood at 0.12, a -29.41% change from the 0.17 P/S ratio recorded in the previous year.

The Tongxin International P/S history

Tongxin International Aktienanalyse

What does Tongxin International do?

Tongxin International Ltd is a Hong Kong-based company that was founded in 2013. The company specializes in the manufacturing and distribution of electric vehicles, particularly commercial vehicles. Tongxin International Ltd aims to provide an environmentally friendly alternative to conventional vehicles in order to combat climate change and create a sustainable future. Business Model: The business model of Tongxin International Ltd consists of the development, manufacturing, and distribution of electric vehicles. The company strives to ensure that its products meet the highest standards in terms of quality, performance, and customer support. To achieve this, Tongxin International Ltd works closely with leading suppliers and engineers to develop innovative technologies and advanced designs. The company is also committed to offering a wide range of services to its customers, including maintenance and repairs, as well as training and consulting services. Additionally, Tongxin International Ltd endeavors to offer its products at an affordable price to ensure accessibility to a wide audience. History: Tongxin International Ltd was founded in Hong Kong in 2013. The company was established by a group of experienced businesspeople who aimed to offer an environmentally friendly alternative to traditional vehicles. Since then, the company has grown to become a leading provider of electric vehicles and related services. In 2015, Tongxin International Ltd obtained a license to distribute electric vehicles in China, one of the world's largest automotive markets. Since then, the company has continuously expanded its presence in the Chinese market and now collaborates closely with government agencies, companies, and other stakeholders to promote the use of electric vehicles in China. Divisions: Tongxin International Ltd focuses on the development and production of electric vehicles, particularly commercial vehicles. The company has launched a wide range of products, including trucks, buses, vans, and other specialized vehicles. The company places particular emphasis on the development of electric commercial vehicles, which are primarily used in cities and urban areas. The main objective is to reduce environmental pollution caused by transportation and improve air quality in urban areas. Products: Tongxin International Ltd offers a wide range of electric vehicles, including trucks, buses, vans, and other specialized vehicles. The company strives to ensure that its products meet the highest standards in terms of quality, performance, and customer support. Special attention is given to the performance of the electric vehicles, with Tongxin International Ltd utilizing powerful batteries, efficient drive and charging systems, as well as innovative designs. Conclusion: Tongxin International Ltd is an innovative and future-oriented company specializing in the development and distribution of electric vehicles. The goal is to offer environmentally friendly and sustainable alternatives to conventional vehicles in order to combat climate change. The company offers a wide range of products and services tailored to the needs of its customers. Tongxin International Ltd prioritizes high quality, performance, and customer support to ensure that its products meet the highest standard. Tongxin International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Tongxin International's P/S Ratio

Tongxin International'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 Tongxin International'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 Tongxin International'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 Tongxin International’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 Tongxin International stock

What is the price-to-earnings ratio of Tongxin International?

The price-earnings ratio of Tongxin International is currently 0.12.

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

The price-to-earnings ratio of Tongxin International has increased by -29.41% 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 Tongxin International high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Tongxin International 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 Tongxin International?

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

How much dividend does Tongxin International pay?

Over the past 12 months, Tongxin International paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tongxin International is expected to pay a dividend of 0 USD.

What is the dividend yield of Tongxin International?

The current dividend yield of Tongxin International is .

When does Tongxin International pay dividends?

Tongxin International pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Tongxin International?

Tongxin International paid dividends every year for the past 0 years.

What is the dividend of Tongxin International?

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

In which sector is Tongxin International located?

Tongxin International is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Tongxin International from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.

When did Tongxin International pay the last dividend?

The last dividend was paid out on 11/17/2024.

What was the dividend of Tongxin International in the year 2023?

In the year 2023, Tongxin International distributed 0 USD as dividends.

In which currency does Tongxin International pay out the dividend?

The dividends of Tongxin International are distributed in USD.

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 Tongxin International

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