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ZHEJIANG NARADA POWER SOURCE Co Stock

ZHEJIANG NARADA POWER SOURCE Co P/S 2024

ZHEJIANG NARADA POWER SOURCE Co P/S

0.42

Ticker

300068.SZ

ISIN

CNE100000NC4

As of Nov 4, 2024, ZHEJIANG NARADA POWER SOURCE Co's P/S ratio stood at 0.42, a -64.41% change from the 1.18 P/S ratio recorded in the previous year.

The ZHEJIANG NARADA POWER SOURCE Co P/S history

ZHEJIANG NARADA POWER SOURCE Co Aktienanalyse

What does ZHEJIANG NARADA POWER SOURCE Co do?

The company ZHEJIANG NARADA POWER SOURCE Co Ltd was founded in China in 1994 and is now one of the world's leading manufacturers of batteries, energy storage solutions, and intelligent energy management technology. It has invested continuously in research and development to develop and manufacture energy-efficient products of the highest quality. As a result, Narada operates in over 100 countries worldwide and supplies customers in various industries including telecommunications, renewable energy, public infrastructure, emergency power, and many others. Its business model focuses on the development of advanced energy storage solutions based on lithium-ion, lead-acid, and other technologies. This includes batteries for home and commercial use, decentralized energy storage systems, flywheel storage, modular energy storage, and renewable energy storage systems. Narada's different divisions include batteries, energy storage solutions, and intelligent energy management technology. Answer: ZHEJIANG NARADA POWER SOURCE Co Ltd is a leading manufacturer of batteries, energy storage solutions, and intelligent energy management technology. It was founded in 1994 and operates worldwide, serving various industries. Narada focuses on developing advanced energy storage solutions based on different technologies. Its divisions include batteries, energy storage solutions, and intelligent energy management technology. Narada invests in various areas of the energy market to expand its product and service offerings. Its strategy is customer-oriented, aiming to meet their needs and expectations while ensuring product quality and reliability. The company introduced modular energy storage solutions, which offer flexibility, reliability, and high performance for different applications. Narada aims to create a better world through decentralized, renewable energy and maintain its leading position in the market. ZHEJIANG NARADA POWER SOURCE Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding ZHEJIANG NARADA POWER SOURCE Co's P/S Ratio

ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE Co stock

What is the price-to-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co?

The price-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co is currently 0.42.

How has the price-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co changed compared to last year?

The price-to-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co has increased by -64.41% 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 ZHEJIANG NARADA POWER SOURCE Co high compared to other companies?

Yes, the price-to-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co is high compared to other companies.

How does an increase in the price-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co affect the company?

An increase in the price-earnings ratio of ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE Co affect the company?

A decrease in the price-earnings ratio of ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE Co?

Some factors that influence the price-earnings ratio of ZHEJIANG NARADA POWER SOURCE Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does ZHEJIANG NARADA POWER SOURCE Co pay?

Over the past 12 months, ZHEJIANG NARADA POWER SOURCE Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 0.17 %. For the coming 12 months, ZHEJIANG NARADA POWER SOURCE Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of ZHEJIANG NARADA POWER SOURCE Co?

The current dividend yield of ZHEJIANG NARADA POWER SOURCE Co is 0.17 %.

When does ZHEJIANG NARADA POWER SOURCE Co pay dividends?

ZHEJIANG NARADA POWER SOURCE Co pays a quarterly dividend. This is distributed in the months of June, June, August, August.

How secure is the dividend of ZHEJIANG NARADA POWER SOURCE Co?

ZHEJIANG NARADA POWER SOURCE Co paid dividends every year for the past 3 years.

What is the dividend of ZHEJIANG NARADA POWER SOURCE Co?

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

In which sector is ZHEJIANG NARADA POWER SOURCE Co located?

ZHEJIANG NARADA POWER SOURCE Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von ZHEJIANG NARADA POWER SOURCE Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ZHEJIANG NARADA POWER SOURCE Co from 7/15/2024 amounting to 0.065 CNY, you needed to have the stock in your portfolio before the ex-date on 7/15/2024.

When did ZHEJIANG NARADA POWER SOURCE Co pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of ZHEJIANG NARADA POWER SOURCE Co in the year 2023?

In the year 2023, ZHEJIANG NARADA POWER SOURCE Co distributed 0 CNY as dividends.

In which currency does ZHEJIANG NARADA POWER SOURCE Co pay out the dividend?

The dividends of ZHEJIANG NARADA POWER SOURCE Co are distributed in CNY.

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Andere Kennzahlen von ZHEJIANG NARADA POWER SOURCE Co

Our stock analysis for ZHEJIANG NARADA POWER SOURCE 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 ZHEJIANG NARADA POWER SOURCE Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.