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Wenzhou Hongfeng Electrical Alloy Co Stock

Wenzhou Hongfeng Electrical Alloy Co P/E 2024

Wenzhou Hongfeng Electrical Alloy Co P/E

113

Ticker

300283.SZ

ISIN

CNE100001F86

As of Sep 13, 2024, Wenzhou Hongfeng Electrical Alloy Co's P/E ratio was 113, a 36.85% change from the 82.57 P/E ratio recorded in the previous year.

The Wenzhou Hongfeng Electrical Alloy Co P/E history

Wenzhou Hongfeng Electrical Alloy Co Aktienanalyse

What does Wenzhou Hongfeng Electrical Alloy Co do?

Wenzhou Hongfeng Electrical Alloy Co Ltd is a Chinese company that was founded in 2003. The main area of its business model is the manufacturing of electrical alloys and related products. Since its inception, the company has become a major provider of electrical alloy materials and high-quality products in this field. The company's history began in 2003 when a group of enthusiasts from the Wenzhou region decided to start their own company. The idea was to produce electrical alloys that would meet the market's demand for high-quality and high-performance materials. To implement this plan, a factory was established in Wenzhou, Zhejiang Province. Wenzhou Hongfeng Electrical Alloy Co Ltd's business model is focused on the manufacturing of electrical alloy materials and related products. The company is one of the leading manufacturers of alloys in China, offering a wide range of products tailored to the needs of customers. The various sectors in which the company operates include nickel-chrome alloys, rebuilding alloys, resistance wire, and special alloys. All of these products are specially designed to provide high performance and durability. The company also offers customized solutions for customers with specific requirements. Nickel-chrome alloys are the main product of Wenzhou Hongfeng Electrical Alloy Co Ltd. These alloys are primarily used in heating applications. The company produces a wide range of alloys with different properties such as corrosion resistance, heat resistance, and electrical conductivity. These alloys are used in various heating systems, such as ovens, heating plates, and heat treatment facilities. Rebuilding alloys are mainly used in cutting tools and molding tools. These alloys are characterized by their high hardness, wear resistance, and corrosion resistance. They are used in the construction and manufacturing of cutting tools, molds, and stamping tools. Resistance wire is another key product of Wenzhou Hongfeng Electrical Alloy Co Ltd. It is a special type of wire that has high electrical resistance values. This wire is used in various electrical applications, such as heating elements, resistance brakes, and heating devices. Special alloys are materials that have been specifically developed for certain applications. They are used in the aerospace and automotive industries. These alloys are characterized by their high strength, corrosion resistance, and durability, offering excellent performance properties. In summary, Wenzhou Hongfeng Electrical Alloy Co Ltd is a leading provider of electrical alloy materials and products. The company offers a wide range of products and solutions, known for its high quality and performance. Through its innovative technologies and advanced production processes, the company has established itself as a major player in the alloy industry. Wenzhou Hongfeng Electrical Alloy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Wenzhou Hongfeng Electrical Alloy Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy Co stock

What is the price-to-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co?

The price-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co is currently 113.

How has the price-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co changed compared to last year?

The price-to-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co has increased by 36.85% 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 Wenzhou Hongfeng Electrical Alloy Co high compared to other companies?

Yes, the price-to-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co is high compared to other companies.

How does an increase in the price-earnings ratio of Wenzhou Hongfeng Electrical Alloy Co affect the company?

An increase in the price-earnings ratio of Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy Co affect the company?

A decrease in the price-earnings ratio of Wenzhou Hongfeng Electrical Alloy 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 Wenzhou Hongfeng Electrical Alloy Co?

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

How much dividend does Wenzhou Hongfeng Electrical Alloy Co pay?

Over the past 12 months, Wenzhou Hongfeng Electrical Alloy Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Wenzhou Hongfeng Electrical Alloy Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Wenzhou Hongfeng Electrical Alloy Co?

The current dividend yield of Wenzhou Hongfeng Electrical Alloy Co is 0.53 %.

When does Wenzhou Hongfeng Electrical Alloy Co pay dividends?

Wenzhou Hongfeng Electrical Alloy Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

Wenzhou Hongfeng Electrical Alloy Co paid dividends every year for the past 12 years.

What is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Wenzhou Hongfeng Electrical Alloy Co located?

Wenzhou Hongfeng Electrical Alloy Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Wenzhou Hongfeng Electrical Alloy Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wenzhou Hongfeng Electrical Alloy Co from 6/18/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Wenzhou Hongfeng Electrical Alloy Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Wenzhou Hongfeng Electrical Alloy Co in the year 2023?

In the year 2023, Wenzhou Hongfeng Electrical Alloy Co distributed 0.04 CNY as dividends.

In which currency does Wenzhou Hongfeng Electrical Alloy Co pay out the dividend?

The dividends of Wenzhou Hongfeng Electrical Alloy Co are distributed in CNY.

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Andere Kennzahlen von Wenzhou Hongfeng Electrical Alloy Co

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