Weichai Power Co Stock

Weichai Power Co P/E 2024

Weichai Power Co P/E

11.54

Ticker

000338.SZ

ISIN

CNE1000000D4

As of Dec 25, 2024, Weichai Power Co's P/E ratio was 11.54, a 2.3% change from the 11.28 P/E ratio recorded in the previous year.

The Weichai Power Co P/E history

Weichai Power Co Aktienanalyse

What does Weichai Power Co do?

Weichai Power Co Ltd is a leading Chinese manufacturer of ship engines, construction and mining machinery, power generator engines, hybrid electric drives, and other technological applications. The company is headquartered in Weifang, a city in the northeastern Chinese province of Shandong. The history of Weichai Power dates back over 70 years. The company was established in 1946 as a state-owned enterprise initially focused on the production of engines and other components for tractor manufacturing. Over the years, the company expanded its product portfolio and entered the market for ship engines and other applications. Today, Weichai Power is a publicly traded company and is among the top 500 companies in the Forbes Global 2000 list. The company specializes in the production and distribution of diesel engines and operates in various sectors. The marine division of Weichai Power manufactures engines and propulsion systems for all types of ships, ranging from small fishing boats to huge container ships. The company also develops and produces efficient exhaust gas cleaning systems to reduce ship emissions. The construction machinery division produces a wide range of construction equipment, including excavators, wheel loaders, bulldozers, and cranes. Weichai Power is also active in the aviation industry, producing engines and other components for aircraft. The electric power generation division manufactures diesel engines and power generators for use in various applications. The generated electricity can be used as backup power during outages or as the primary power source in remote areas. One of Weichai Power's newer business areas is the hybrid electric drive division. In this sector, the company develops and produces solutions for hybrid vehicles and electric cars to meet the increasing demand for environmentally friendly vehicles. Weichai Power has also formed partnerships with foreign companies such as Bosch, Caterpillar, and KION Group to strengthen its market position. In conclusion, Weichai Power Co Ltd is an emerging company with a long and successful history. The company offers a wide range of products and services that can be used in various industries and applications. Weichai Power is focused on constantly improving and developing its products, aiming to establish itself as a market-leading provider. Weichai Power Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Weichai Power Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Weichai Power 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 Weichai Power 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 Weichai Power 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 Weichai Power 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 Weichai Power Co stock

What is the price-to-earnings ratio of Weichai Power Co?

The price-earnings ratio of Weichai Power Co is currently 11.54.

How has the price-earnings ratio of Weichai Power Co changed compared to last year?

The price-to-earnings ratio of Weichai Power Co has increased by 2.3% 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 Weichai Power Co high compared to other companies?

Yes, the price-to-earnings ratio of Weichai Power Co is high compared to other companies.

How does an increase in the price-earnings ratio of Weichai Power Co affect the company?

An increase in the price-earnings ratio of Weichai Power 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 Weichai Power Co affect the company?

A decrease in the price-earnings ratio of Weichai Power 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 Weichai Power Co?

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

How much dividend does Weichai Power Co pay?

Over the past 12 months, Weichai Power Co paid a dividend of 0.38 CNY . This corresponds to a dividend yield of about 2.79 %. For the coming 12 months, Weichai Power Co is expected to pay a dividend of 0.4 CNY.

What is the dividend yield of Weichai Power Co?

The current dividend yield of Weichai Power Co is 2.79 %.

When does Weichai Power Co pay dividends?

Weichai Power Co pays a quarterly dividend. This is distributed in the months of September, November, July, November.

How secure is the dividend of Weichai Power Co?

Weichai Power Co paid dividends every year for the past 20 years.

What is the dividend of Weichai Power Co?

For the upcoming 12 months, dividends amounting to 0.4 CNY are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Weichai Power Co located?

Weichai Power Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Weichai Power Co from 10/18/2024 amounting to 0.372 CNY, you needed to have the stock in your portfolio before the ex-date on 10/18/2024.

When did Weichai Power Co pay the last dividend?

The last dividend was paid out on 10/18/2024.

What was the dividend of Weichai Power Co in the year 2023?

In the year 2023, Weichai Power Co distributed 0.281 CNY as dividends.

In which currency does Weichai Power Co pay out the dividend?

The dividends of Weichai Power Co are distributed in CNY.

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Andere Kennzahlen von Weichai Power Co

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