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Xiangtan Electric Manufacturing Co Stock

Xiangtan Electric Manufacturing Co P/E 2024

Xiangtan Electric Manufacturing Co P/E

48.72

Ticker

600416.SS

ISIN

CNE000001BY2

As of Nov 20, 2024, Xiangtan Electric Manufacturing Co's P/E ratio was 48.72, a -32.37% change from the 72.04 P/E ratio recorded in the previous year.

The Xiangtan Electric Manufacturing Co P/E history

Xiangtan Electric Manufacturing Co Aktienanalyse

What does Xiangtan Electric Manufacturing Co do?

Xiangtan Electric Manufacturing Co Ltd is a Chinese company that specializes in the production of power generation equipment. The company was founded in 1958 in the city of Xiangtan and has since become one of the leading manufacturers in the industry. The business model of Xiangtan Electric Manufacturing Co Ltd is based on the production of high-quality and reliable power generation equipment for the domestic and international market. The company values adapting to the changing needs and requirements of its customers. The different divisions of the company include the manufacturing of coal-fired power plants, hydroelectric power plants, gas turbines, and wind power plants. In each business area, Xiangtan Electric Manufacturing Co Ltd strives to develop innovative technologies and processes to improve the efficiency and performance of power generation equipment. The company offers a wide variety of products that are tailored to the needs of different customers. For example, Xiangtan Electric Manufacturing Co Ltd offers a wide range of coal-fired power plants that are designed for energy generation for industry or urban needs. These plants are known for their high performance, reliability, and efficiency. In the hydroelectric power business, the company offers generator and turbine units that are suitable for various water sources and conditions. The facilities are designed to deliver high energy yields at low operating costs. Xiangtan Electric Manufacturing Co Ltd also produces gas turbines for various applications. These are used for energy generation in various industries, including aerospace, petrochemicals, and power supply. Finally, the company also produces wind power plants that are tailored to the needs of today's energy supply. These plants are known for their high efficiency and performance and are focused on sustainable energy generation. Overall, Xiangtan Electric Manufacturing Co Ltd has made significant progress in recent years and has established itself as an important player in the power generation industry. The company has invested in research and development to develop innovative technologies and processes that help its customers operate more energy efficiently and sustainably. Xiangtan Electric Manufacturing Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Xiangtan Electric Manufacturing Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing Co stock

What is the price-to-earnings ratio of Xiangtan Electric Manufacturing Co?

The price-earnings ratio of Xiangtan Electric Manufacturing Co is currently 48.72.

How has the price-earnings ratio of Xiangtan Electric Manufacturing Co changed compared to last year?

The price-to-earnings ratio of Xiangtan Electric Manufacturing Co has increased by -32.37% 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 Xiangtan Electric Manufacturing Co high compared to other companies?

Yes, the price-to-earnings ratio of Xiangtan Electric Manufacturing Co is high compared to other companies.

How does an increase in the price-earnings ratio of Xiangtan Electric Manufacturing Co affect the company?

An increase in the price-earnings ratio of Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing Co affect the company?

A decrease in the price-earnings ratio of Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing Co?

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

How much dividend does Xiangtan Electric Manufacturing Co pay?

Over the past 12 months, Xiangtan Electric Manufacturing Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.22 %. For the coming 12 months, Xiangtan Electric Manufacturing Co is expected to pay a dividend of 0.14 CNY.

What is the dividend yield of Xiangtan Electric Manufacturing Co?

The current dividend yield of Xiangtan Electric Manufacturing Co is 0.22 %.

When does Xiangtan Electric Manufacturing Co pay dividends?

Xiangtan Electric Manufacturing Co pays a quarterly dividend. This is distributed in the months of August, June, July, July.

How secure is the dividend of Xiangtan Electric Manufacturing Co?

Xiangtan Electric Manufacturing Co paid dividends every year for the past 3 years.

What is the dividend of Xiangtan Electric Manufacturing Co?

For the upcoming 12 months, dividends amounting to 0.14 CNY are expected. This corresponds to a dividend yield of 1.01 %.

In which sector is Xiangtan Electric Manufacturing Co located?

Xiangtan Electric Manufacturing Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Xiangtan Electric Manufacturing Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xiangtan Electric Manufacturing Co from 6/11/2018 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 6/11/2018.

When did Xiangtan Electric Manufacturing Co pay the last dividend?

The last dividend was paid out on 6/11/2018.

What was the dividend of Xiangtan Electric Manufacturing Co in the year 2023?

In the year 2023, Xiangtan Electric Manufacturing Co distributed 0 CNY as dividends.

In which currency does Xiangtan Electric Manufacturing Co pay out the dividend?

The dividends of Xiangtan Electric Manufacturing Co are distributed in CNY.

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Andere Kennzahlen von Xiangtan Electric Manufacturing Co

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