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Yantai Zhenghai Magnetic Material Co Stock

Yantai Zhenghai Magnetic Material Co P/S 2024

Yantai Zhenghai Magnetic Material Co P/S

1.3

Ticker

300224.SZ

ISIN

CNE100001385

As of Aug 13, 2024, Yantai Zhenghai Magnetic Material Co's P/S ratio stood at 1.3, a -20.73% change from the 1.64 P/S ratio recorded in the previous year.

The Yantai Zhenghai Magnetic Material Co P/S history

Yantai Zhenghai Magnetic Material Co Aktienanalyse

What does Yantai Zhenghai Magnetic Material Co do?

Yantai Zhenghai Magnetic Material Co Ltd is a Chinese company specializing in the production of various types of magnetic materials. The company was founded in 1998 and is headquartered in the city of Yantai in Shandong province. Initially, the company mainly focused on the production of ferrite magnetic materials, which are mainly used in the electronics industry. However, over the years, Yantai Zhenghai expanded its business scope and also began to manufacture magnets made of NdFeB (neodymium iron boron), one of the strongest permanent magnetic materials. As an innovative company, Yantai Zhenghai places great importance on quality and research. The company has advanced production facilities and a strong R&D team dedicated to the development of new products and the improvement of production processes. Today, Yantai Zhenghai has grown into a major manufacturer of magnets and magnetic materials, serving customers from various industries such as automotive, consumer goods, medical, and electronics. The company's products are used in numerous applications such as speakers, electric motors, generators, sensors, and switches. Yantai Zhenghai's business model is customer-oriented, focusing on providing high-quality products and excellent customer service. The company works closely with its customers to understand their specific needs and requirements, offering them the best solutions. The company operates two factories in China, with a total production area of over 30,000 square meters and employing over 500 employees. The factories are ISO 9001 and ISO/TS 16949 certified, meeting the highest international standards. Yantai Zhenghai offers a wide range of magnet products, including ferrite magnet blocks, ring-shaped magnets, half magnets, needle magnets, ceramic magnets, NdFeB magnets, and SmCo magnets. All magnets are available in various sizes and shapes and can be customized according to customer specifications. In addition, Yantai Zhenghai also offers magnetic assemblies and components, consisting of a combination of magnets, metals, and plastics, which can be used for a variety of applications. The magnetic assemblies are configured and manufactured according to customer requirements. Yantai Zhenghai's products and services are focused on ensuring the highest customer satisfaction and quality. In summary, Yantai Zhenghai Magnetic Material Co Ltd holds a leading position in the magnet industry, characterized by quality, innovation, and customer value. With a strong focus on research and development, state-of-the-art production technology, and comprehensive customer service, Yantai Zhenghai has solidified its position as a reputable magnet manufacturer and will continue to be successful in the future. Yantai Zhenghai Magnetic Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Yantai Zhenghai Magnetic Material Co's P/S Ratio

Yantai Zhenghai Magnetic Material Co'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 Yantai Zhenghai Magnetic Material Co'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 Yantai Zhenghai Magnetic Material Co'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 Yantai Zhenghai Magnetic Material Co’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 Yantai Zhenghai Magnetic Material Co stock

What is the price-to-earnings ratio of Yantai Zhenghai Magnetic Material Co?

The price-earnings ratio of Yantai Zhenghai Magnetic Material Co is currently 1.3.

How has the price-earnings ratio of Yantai Zhenghai Magnetic Material Co changed compared to last year?

The price-to-earnings ratio of Yantai Zhenghai Magnetic Material Co has increased by -20.73% 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 Yantai Zhenghai Magnetic Material Co high compared to other companies?

Yes, the price-to-earnings ratio of Yantai Zhenghai Magnetic Material Co is high compared to other companies.

How does an increase in the price-earnings ratio of Yantai Zhenghai Magnetic Material Co affect the company?

An increase in the price-earnings ratio of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co affect the company?

A decrease in the price-earnings ratio of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co?

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

How much dividend does Yantai Zhenghai Magnetic Material Co pay?

Over the past 12 months, Yantai Zhenghai Magnetic Material Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Yantai Zhenghai Magnetic Material Co is expected to pay a dividend of 0.2 CNY.

What is the dividend yield of Yantai Zhenghai Magnetic Material Co?

The current dividend yield of Yantai Zhenghai Magnetic Material Co is .

When does Yantai Zhenghai Magnetic Material Co pay dividends?

Yantai Zhenghai Magnetic Material Co pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Yantai Zhenghai Magnetic Material Co?

Yantai Zhenghai Magnetic Material Co paid dividends every year for the past 4 years.

What is the dividend of Yantai Zhenghai Magnetic Material Co?

For the upcoming 12 months, dividends amounting to 0.2 CNY are expected. This corresponds to a dividend yield of 2.41 %.

In which sector is Yantai Zhenghai Magnetic Material Co located?

Yantai Zhenghai Magnetic Material Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Yantai Zhenghai Magnetic Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Yantai Zhenghai Magnetic Material Co from 4/26/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Yantai Zhenghai Magnetic Material Co pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Yantai Zhenghai Magnetic Material Co in the year 2023?

In the year 2023, Yantai Zhenghai Magnetic Material Co distributed 0 CNY as dividends.

In which currency does Yantai Zhenghai Magnetic Material Co pay out the dividend?

The dividends of Yantai Zhenghai Magnetic Material Co are distributed in CNY.

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Andere Kennzahlen von Yantai Zhenghai Magnetic Material Co

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