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Zhejiang Yongan Rongtong Holdings Co - Stock

Zhejiang Yongan Rongtong Holdings Co P/E 2024

Zhejiang Yongan Rongtong Holdings Co P/E

-1.33

Ticker

8211.HK

ISIN

CNE1000001F7

As of Jun 26, 2024, Zhejiang Yongan Rongtong Holdings Co's P/E ratio was -1.33, a -36.06% change from the -2.08 P/E ratio recorded in the previous year.

The Zhejiang Yongan Rongtong Holdings Co P/E history

Zhejiang Yongan Rongtong Holdings Co Aktienanalyse

What does Zhejiang Yongan Rongtong Holdings Co do?

Zhejiang Yongan Rongtong Holdings Co Ltd is a Chinese company based in Yongkang City, Zhejiang Province. It was founded in 2002 and has since experienced impressive growth. The company started as a small manufacturer of intrusion alarm systems but quickly diversified into a conglomerate offering a wide range of products and services. Its business model is based on producing and distributing high-quality and reliable products and solutions tailored to customer needs. The company also focuses on research and development to ensure its products are always at the forefront of technology. It operates in various sectors including intrusion alarm systems, smart household appliances, energy-saving systems, and educational technologies. It is a leading manufacturer of intrusion alarm systems in China and also known for its successful smart household appliances. In addition, it produces a wide range of energy-related solutions such as photovoltaic modules and intelligent power grids. The company has also specialized in the development of educational technologies, including interactive whiteboards and school computer systems. Its product range encompasses intrusion alarm systems, smart household appliances, energy-saving systems, and educational technologies. Overall, Zhejiang Yongan Rongtong Holdings Co Ltd is a diversified company that offers a broad range of products and services. Zhejiang Yongan Rongtong Holdings Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhejiang Yongan Rongtong Holdings Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhejiang Yongan Rongtong Holdings 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 Zhejiang Yongan Rongtong Holdings 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 Zhejiang Yongan Rongtong Holdings 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 Zhejiang Yongan Rongtong Holdings 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 Zhejiang Yongan Rongtong Holdings Co Stock

What is the price-to-earnings ratio of Zhejiang Yongan Rongtong Holdings Co?

The price-earnings ratio of Zhejiang Yongan Rongtong Holdings Co is currently -1.33.

How has the price-earnings ratio of Zhejiang Yongan Rongtong Holdings Co changed compared to last year?

The price-to-earnings ratio of Zhejiang Yongan Rongtong Holdings Co has increased by -36.06% 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 Yongan Rongtong Holdings Co high compared to other companies?

Yes, the price-to-earnings ratio of Zhejiang Yongan Rongtong Holdings Co is high compared to other companies.

How does an increase in the price-earnings ratio of Zhejiang Yongan Rongtong Holdings Co affect the company?

An increase in the price-earnings ratio of Zhejiang Yongan Rongtong Holdings 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 Yongan Rongtong Holdings Co affect the company?

A decrease in the price-earnings ratio of Zhejiang Yongan Rongtong Holdings 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 Yongan Rongtong Holdings Co?

Some factors that influence the price-earnings ratio of Zhejiang Yongan Rongtong Holdings Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Zhejiang Yongan Rongtong Holdings Co pay?

Over the past 12 months, Zhejiang Yongan Rongtong Holdings Co paid a dividend of 0.01 CNY . This corresponds to a dividend yield of about 34.68 %. For the coming 12 months, Zhejiang Yongan Rongtong Holdings Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Zhejiang Yongan Rongtong Holdings Co?

The current dividend yield of Zhejiang Yongan Rongtong Holdings Co is 34.68 %.

When does Zhejiang Yongan Rongtong Holdings Co pay dividends?

Zhejiang Yongan Rongtong Holdings Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Zhejiang Yongan Rongtong Holdings Co?

Zhejiang Yongan Rongtong Holdings Co paid dividends every year for the past 0 years.

What is the dividend of Zhejiang Yongan Rongtong Holdings 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 Yongan Rongtong Holdings Co located?

Zhejiang Yongan Rongtong Holdings Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Zhejiang Yongan Rongtong Holdings Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Yongan Rongtong Holdings Co from 6/23/2004 amounting to 0.01 CNY, you needed to have the stock in your portfolio before the ex-date on 4/14/2004.

When did Zhejiang Yongan Rongtong Holdings Co pay the last dividend?

The last dividend was paid out on 6/23/2004.

What was the dividend of Zhejiang Yongan Rongtong Holdings Co in the year 2023?

In the year 2023, Zhejiang Yongan Rongtong Holdings Co distributed 0 CNY as dividends.

In which currency does Zhejiang Yongan Rongtong Holdings Co pay out the dividend?

The dividends of Zhejiang Yongan Rongtong Holdings Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Yongan Rongtong Holdings Co

Our stock analysis for Zhejiang Yongan Rongtong Holdings 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 Yongan Rongtong Holdings Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.