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Tongyu Heavy Industry Co Stock

Tongyu Heavy Industry Co P/E 2024

Tongyu Heavy Industry Co P/E

29.79

Ticker

300185.SZ

ISIN

CNE100001179

As of Jul 22, 2024, Tongyu Heavy Industry Co's P/E ratio was 29.79, a -43.37% change from the 52.6 P/E ratio recorded in the previous year.

The Tongyu Heavy Industry Co P/E history

Tongyu Heavy Industry Co Aktienanalyse

What does Tongyu Heavy Industry Co do?

Tongyu Heavy Industry Co Ltd is a Chinese company that specializes in the manufacturing and selling of construction and mining machinery. It was founded in 2004 and has made significant progress in its industry, becoming one of the leading companies in China. The company operates its own R&D team, focusing on developing technologically advanced machines that meet international standards and the diverse needs and requirements of customers. Tongyu Heavy Industry has expanded and strengthened its presence in the Chinese market, offering a wide range of machines and successfully competing internationally. The company's products include truck cranes, crawler dumpers, personnel lifts, backhoe loaders, wheel loaders, concrete pumps, concrete mixing plants, bulldozers, road rollers, and other specialized machines. Tongyu Heavy Industry has achieved rapid growth through its efforts in the R&D department, as well as its efficiency and quality of products. With a strong global presence and effective marketing strategies, the company has maintained a leading position in the market, both nationally and internationally. Tongyu Heavy Industry Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tongyu Heavy Industry Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tongyu Heavy Industry 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 Tongyu Heavy Industry 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 Tongyu Heavy Industry 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 Tongyu Heavy Industry 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 Tongyu Heavy Industry Co stock

What is the price-to-earnings ratio of Tongyu Heavy Industry Co?

The price-earnings ratio of Tongyu Heavy Industry Co is currently 29.79.

How has the price-earnings ratio of Tongyu Heavy Industry Co changed compared to last year?

The price-to-earnings ratio of Tongyu Heavy Industry Co has increased by -43.37% 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 Tongyu Heavy Industry Co high compared to other companies?

Yes, the price-to-earnings ratio of Tongyu Heavy Industry Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tongyu Heavy Industry Co affect the company?

An increase in the price-earnings ratio of Tongyu Heavy Industry 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 Tongyu Heavy Industry Co affect the company?

A decrease in the price-earnings ratio of Tongyu Heavy Industry 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 Tongyu Heavy Industry Co?

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

How much dividend does Tongyu Heavy Industry Co pay?

Over the past 12 months, Tongyu Heavy Industry Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Tongyu Heavy Industry Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Tongyu Heavy Industry Co?

The current dividend yield of Tongyu Heavy Industry Co is 1.69 %.

When does Tongyu Heavy Industry Co pay dividends?

Tongyu Heavy Industry Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Tongyu Heavy Industry Co?

Tongyu Heavy Industry Co paid dividends every year for the past 15 years.

What is the dividend of Tongyu Heavy Industry Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is Tongyu Heavy Industry Co located?

Tongyu Heavy Industry Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Tongyu Heavy Industry Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongyu Heavy Industry Co from 6/20/2024 amounting to 0.025 CNY, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Tongyu Heavy Industry Co pay the last dividend?

The last dividend was paid out on 6/20/2024.

What was the dividend of Tongyu Heavy Industry Co in the year 2023?

In the year 2023, Tongyu Heavy Industry Co distributed 0.03 CNY as dividends.

In which currency does Tongyu Heavy Industry Co pay out the dividend?

The dividends of Tongyu Heavy Industry Co are distributed in CNY.

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Andere Kennzahlen von Tongyu Heavy Industry Co

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