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Xinxing Ductile Iron Pipes Co Stock

Xinxing Ductile Iron Pipes Co P/E 2024

Xinxing Ductile Iron Pipes Co P/E

12.7

Ticker

000778.SZ

ISIN

CNE000000QG9

As of Sep 30, 2024, Xinxing Ductile Iron Pipes Co's P/E ratio was 12.7, a 0.95% change from the 12.58 P/E ratio recorded in the previous year.

The Xinxing Ductile Iron Pipes Co P/E history

Xinxing Ductile Iron Pipes Co Aktienanalyse

What does Xinxing Ductile Iron Pipes Co do?

The Xinxing Ductile Iron Pipes Co Ltd is a Chinese company specialized in the production of cast iron pipes, and since its establishment in 1997, it has become one of the leading providers in this field. The company's history began in the Hebei province, where its founders started manufacturing cast iron pipes according to European standards. With the growing success of the company, it soon became possible to expand production on a large scale and export to other regions of China and abroad. Today, Xinxing Ductile Iron Pipes Co Ltd is an internationally active company with branches in Europe, North America, and Asia. Their business model is to manufacture and distribute high-quality and durable cast iron pipes for various applications, as well as offer innovative solutions and services in the field of water and wastewater management. The company's product range includes cast iron pipes in various sizes and lengths, as well as fittings and valves made of cast iron. These are used in both water supply and wastewater treatment. The company also addresses the growing demand for renewable energies by producing pipe systems for the wind and solar energy industries. Xinxing Ductile Iron Pipes Co Ltd relies on state-of-the-art technologies in production and continuously invests in research and development. The company places high demands on the quality and reliability of its products, subjecting them to rigorous internal control. In addition to manufacturing standard cast iron pipes, Xinxing Ductile Iron Pipes Co Ltd also offers customized solutions tailored to the needs of its customers. With its wide knowledge and extensive experience, the company can advise and support customers in selecting the appropriate pipe systems, as well as in planning and implementing projects in the water and wastewater sector. As a company that sets high standards for itself and its products, Xinxing Ductile Iron Pipes Co Ltd is also committed to environmental protection and actively promotes sustainable solutions in the water and wastewater sector. The company focuses on efficient use of resources and waste reduction. Overall, Xinxing Ductile Iron Pipes Co Ltd offers a wide range of high-quality cast iron pipes and services tailored to the needs of customers in various industries. With its long history and commitment to high-quality standards, the company has become a reliable and innovative partner in the field of water and wastewater technology. Xinxing Ductile Iron Pipes Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Xinxing Ductile Iron Pipes Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes Co stock

What is the price-to-earnings ratio of Xinxing Ductile Iron Pipes Co?

The price-earnings ratio of Xinxing Ductile Iron Pipes Co is currently 12.7.

How has the price-earnings ratio of Xinxing Ductile Iron Pipes Co changed compared to last year?

The price-to-earnings ratio of Xinxing Ductile Iron Pipes Co has increased by 0.95% 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 Xinxing Ductile Iron Pipes Co high compared to other companies?

Yes, the price-to-earnings ratio of Xinxing Ductile Iron Pipes Co is high compared to other companies.

How does an increase in the price-earnings ratio of Xinxing Ductile Iron Pipes Co affect the company?

An increase in the price-earnings ratio of Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes Co affect the company?

A decrease in the price-earnings ratio of Xinxing Ductile Iron Pipes 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 Xinxing Ductile Iron Pipes Co?

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

How much dividend does Xinxing Ductile Iron Pipes Co pay?

Over the past 12 months, Xinxing Ductile Iron Pipes Co paid a dividend of 0.13 CNY . This corresponds to a dividend yield of about 3.69 %. For the coming 12 months, Xinxing Ductile Iron Pipes Co is expected to pay a dividend of 0.14 CNY.

What is the dividend yield of Xinxing Ductile Iron Pipes Co?

The current dividend yield of Xinxing Ductile Iron Pipes Co is 3.69 %.

When does Xinxing Ductile Iron Pipes Co pay dividends?

Xinxing Ductile Iron Pipes Co pays a quarterly dividend. This is distributed in the months of July, August, August, August.

How secure is the dividend of Xinxing Ductile Iron Pipes Co?

Xinxing Ductile Iron Pipes Co paid dividends every year for the past 17 years.

What is the dividend of Xinxing Ductile Iron Pipes Co?

For the upcoming 12 months, dividends amounting to 0.14 CNY are expected. This corresponds to a dividend yield of 3.86 %.

In which sector is Xinxing Ductile Iron Pipes Co located?

Xinxing Ductile Iron Pipes Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Xinxing Ductile Iron Pipes Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xinxing Ductile Iron Pipes Co from 7/12/2024 amounting to 0.06 CNY, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

When did Xinxing Ductile Iron Pipes Co pay the last dividend?

The last dividend was paid out on 7/12/2024.

What was the dividend of Xinxing Ductile Iron Pipes Co in the year 2023?

In the year 2023, Xinxing Ductile Iron Pipes Co distributed 0.15 CNY as dividends.

In which currency does Xinxing Ductile Iron Pipes Co pay out the dividend?

The dividends of Xinxing Ductile Iron Pipes Co are distributed in CNY.

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Andere Kennzahlen von Xinxing Ductile Iron Pipes Co

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