Yingkou Jinchen Machinery Co Stock

Yingkou Jinchen Machinery Co P/S 2024

Yingkou Jinchen Machinery Co P/S

3.11

Ticker

603396.SS

ISIN

CNE100002V85

As of Nov 9, 2024, Yingkou Jinchen Machinery Co's P/S ratio stood at 3.11, a -6.61% change from the 3.33 P/S ratio recorded in the previous year.

The Yingkou Jinchen Machinery Co P/S history

Yingkou Jinchen Machinery Co Aktienanalyse

What does Yingkou Jinchen Machinery Co do?

Yingkou Jinchen Machinery Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Yingkou Jinchen Machinery Co's P/S Ratio

Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery Co stock

What is the price-to-earnings ratio of Yingkou Jinchen Machinery Co?

The price-earnings ratio of Yingkou Jinchen Machinery Co is currently 3.11.

How has the price-earnings ratio of Yingkou Jinchen Machinery Co changed compared to last year?

The price-to-earnings ratio of Yingkou Jinchen Machinery Co has increased by -6.61% 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 Yingkou Jinchen Machinery Co high compared to other companies?

Yes, the price-to-earnings ratio of Yingkou Jinchen Machinery Co is high compared to other companies.

How does an increase in the price-earnings ratio of Yingkou Jinchen Machinery Co affect the company?

An increase in the price-earnings ratio of Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery Co affect the company?

A decrease in the price-earnings ratio of Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery Co?

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

How much dividend does Yingkou Jinchen Machinery Co pay?

Over the past 12 months, Yingkou Jinchen Machinery Co paid a dividend of 0.17 CNY . This corresponds to a dividend yield of about 0.52 %. For the coming 12 months, Yingkou Jinchen Machinery Co is expected to pay a dividend of 0.17 CNY.

What is the dividend yield of Yingkou Jinchen Machinery Co?

The current dividend yield of Yingkou Jinchen Machinery Co is 0.52 %.

When does Yingkou Jinchen Machinery Co pay dividends?

Yingkou Jinchen Machinery Co pays a quarterly dividend. This is distributed in the months of May, July, July, August.

How secure is the dividend of Yingkou Jinchen Machinery Co?

Yingkou Jinchen Machinery Co paid dividends every year for the past 6 years.

What is the dividend of Yingkou Jinchen Machinery Co?

For the upcoming 12 months, dividends amounting to 0.17 CNY are expected. This corresponds to a dividend yield of 0.52 %.

In which sector is Yingkou Jinchen Machinery Co located?

Yingkou Jinchen Machinery Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Yingkou Jinchen Machinery Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Yingkou Jinchen Machinery Co from 7/2/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 7/2/2024.

When did Yingkou Jinchen Machinery Co pay the last dividend?

The last dividend was paid out on 7/2/2024.

What was the dividend of Yingkou Jinchen Machinery Co in the year 2023?

In the year 2023, Yingkou Jinchen Machinery Co distributed 0.16 CNY as dividends.

In which currency does Yingkou Jinchen Machinery Co pay out the dividend?

The dividends of Yingkou Jinchen Machinery Co are distributed in CNY.

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Andere Kennzahlen von Yingkou Jinchen Machinery Co

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