Xiamen Hongxin Electronics Technology Group Stock

Xiamen Hongxin Electronics Technology Group P/S 2024

Xiamen Hongxin Electronics Technology Group P/S

1.08

Ticker

300657.SZ

ISIN

CNE100002NW8

As of Nov 2, 2024, Xiamen Hongxin Electronics Technology Group's P/S ratio stood at 1.08, a -58.3% change from the 2.59 P/S ratio recorded in the previous year.

The Xiamen Hongxin Electronics Technology Group P/S history

Xiamen Hongxin Electronics Technology Group Aktienanalyse

What does Xiamen Hongxin Electronics Technology Group do?

Xiamen Hongxin Electronics Technology Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Xiamen Hongxin Electronics Technology Group's P/S Ratio

Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group'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 Xiamen Hongxin Electronics Technology Group’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 Xiamen Hongxin Electronics Technology Group stock

What is the price-to-earnings ratio of Xiamen Hongxin Electronics Technology Group?

The price-earnings ratio of Xiamen Hongxin Electronics Technology Group is currently 1.08.

How has the price-earnings ratio of Xiamen Hongxin Electronics Technology Group changed compared to last year?

The price-to-earnings ratio of Xiamen Hongxin Electronics Technology Group has increased by -58.3% 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 Xiamen Hongxin Electronics Technology Group high compared to other companies?

Yes, the price-to-earnings ratio of Xiamen Hongxin Electronics Technology Group is high compared to other companies.

How does an increase in the price-earnings ratio of Xiamen Hongxin Electronics Technology Group affect the company?

An increase in the price-earnings ratio of Xiamen Hongxin Electronics Technology Group 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 Xiamen Hongxin Electronics Technology Group affect the company?

A decrease in the price-earnings ratio of Xiamen Hongxin Electronics Technology Group 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 Xiamen Hongxin Electronics Technology Group?

Some factors that influence the price-earnings ratio of Xiamen Hongxin Electronics Technology Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Xiamen Hongxin Electronics Technology Group pay?

Over the past 12 months, Xiamen Hongxin Electronics Technology Group paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.3 %. For the coming 12 months, Xiamen Hongxin Electronics Technology Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of Xiamen Hongxin Electronics Technology Group?

The current dividend yield of Xiamen Hongxin Electronics Technology Group is 0.3 %.

When does Xiamen Hongxin Electronics Technology Group pay dividends?

Xiamen Hongxin Electronics Technology Group pays a quarterly dividend. This is distributed in the months of July, May, June, August.

How secure is the dividend of Xiamen Hongxin Electronics Technology Group?

Xiamen Hongxin Electronics Technology Group paid dividends every year for the past 3 years.

What is the dividend of Xiamen Hongxin Electronics Technology Group?

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

In which sector is Xiamen Hongxin Electronics Technology Group located?

Xiamen Hongxin Electronics Technology Group is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Xiamen Hongxin Electronics Technology Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xiamen Hongxin Electronics Technology Group from 7/13/2021 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2021.

When did Xiamen Hongxin Electronics Technology Group pay the last dividend?

The last dividend was paid out on 7/13/2021.

What was the dividend of Xiamen Hongxin Electronics Technology Group in the year 2023?

In the year 2023, Xiamen Hongxin Electronics Technology Group distributed 0 CNY as dividends.

In which currency does Xiamen Hongxin Electronics Technology Group pay out the dividend?

The dividends of Xiamen Hongxin Electronics Technology Group are distributed in CNY.

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.