RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Zhongjin Gold Corp P/E 2024

Zhongjin Gold Corp P/E

19.25

Zhongjin Gold Corp Dividend yield

1.95 %

Ticker

600489.SS

ISIN

CNE000001FM8

As of Jun 3, 2024, Zhongjin Gold Corp's P/E ratio was 19.25, a 6.06% change from the 18.15 P/E ratio recorded in the previous year.

The Zhongjin Gold Corp P/E history

Zhongjin Gold Corp Aktienanalyse

What does Zhongjin Gold Corp do?

Zhongjin Gold Corp Ltd is one of the largest gold producers in China. The company was founded in 2000 and is headquartered in Beijing, China. Zhongjin Gold Corp Ltd is listed on the Shanghai Stock Exchange and has a market capitalization of over $10 billion. Business model: The business model of Zhongjin Gold Corp Ltd is focused on an integrated gold industry chain. This means that the company covers the entire value chain from exploration and mining to refinery and production of gold products. The company has various subsidiaries operating in mining, refining, and trading. Different divisions: Zhongjin Gold Corp Ltd is divided into different divisions to enable efficient management and specialization. The main divisions are: - Mining: Zhongjin Gold Corp Ltd operates several gold mines in China, including the largest one in Shandong Province, which produces several tons of gold annually. The company is also involved in other mining activities such as copper and silver. - Refinery: The company owns several refineries in China that manufacture gold bars and other gold products. The refineries process the extracted gold from the mines and produce high-quality gold products with different sizes and purities. - Trading: The company is involved in gold trading and exports gold products to various countries around the world. Zhongjin Gold Corp Ltd has contractual agreements with major international gold traders and banks to facilitate trading. Products: Zhongjin Gold Corp Ltd offers various gold products, including: - Gold bars: The company produces gold bars in different sizes and purities that are internationally recognized. - Gold coins: Zhongjin Gold Corp Ltd also produces gold coins with different designs and sizes. These coins are appreciated by collectors and investors worldwide. - Gold jewelry: The company also produces high-quality gold jewelry available in different designs and styles. In summary, Zhongjin Gold Corp Ltd is a leading Chinese gold producer that covers the entire value chain of the gold industry. The company is divided into different divisions, including mining, refinery, and trading, and offers a variety of gold products. Zhongjin Gold Corp Ltd has earned a reputation for high quality, technological leadership, and environmental protection. Zhongjin Gold Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhongjin Gold Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhongjin Gold Corp 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 Zhongjin Gold Corp'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 Zhongjin Gold Corp 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 Zhongjin Gold Corp’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 Zhongjin Gold Corp Stock

What is the price-to-earnings ratio of Zhongjin Gold Corp?

The price-earnings ratio of Zhongjin Gold Corp is currently 19.25.

How has the price-earnings ratio of Zhongjin Gold Corp changed compared to last year?

The price-to-earnings ratio of Zhongjin Gold Corp has increased by 6.06% 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 Zhongjin Gold Corp high compared to other companies?

Yes, the price-to-earnings ratio of Zhongjin Gold Corp is high compared to other companies.

How does an increase in the price-earnings ratio of Zhongjin Gold Corp affect the company?

An increase in the price-earnings ratio of Zhongjin Gold Corp 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 Zhongjin Gold Corp affect the company?

A decrease in the price-earnings ratio of Zhongjin Gold Corp 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 Zhongjin Gold Corp?

Some factors that influence the price-earnings ratio of Zhongjin Gold Corp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Zhongjin Gold Corp pay?

Over the past 12 months, Zhongjin Gold Corp paid a dividend of 0.28 CNY . This corresponds to a dividend yield of about 1.95 %. For the coming 12 months, Zhongjin Gold Corp is expected to pay a dividend of 0.29 CNY.

What is the dividend yield of Zhongjin Gold Corp?

The current dividend yield of Zhongjin Gold Corp is 1.95 %.

When does Zhongjin Gold Corp pay dividends?

Zhongjin Gold Corp pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Zhongjin Gold Corp?

Zhongjin Gold Corp paid dividends every year for the past 10 years.

What is the dividend of Zhongjin Gold Corp?

For the upcoming 12 months, dividends amounting to 0.29 CNY are expected. This corresponds to a dividend yield of 2.03 %.

In which sector is Zhongjin Gold Corp located?

Zhongjin Gold Corp is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Zhongjin Gold Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhongjin Gold Corp from 7/14/2023 amounting to 0.281 CNY, you needed to have the stock in your portfolio before the ex-date on 7/14/2023.

When did Zhongjin Gold Corp pay the last dividend?

The last dividend was paid out on 7/14/2023.

What was the dividend of Zhongjin Gold Corp in the year 2023?

In the year 2023, Zhongjin Gold Corp distributed 0.224 CNY as dividends.

In which currency does Zhongjin Gold Corp pay out the dividend?

The dividends of Zhongjin Gold Corp are distributed in CNY.

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Andere Kennzahlen von Zhongjin Gold Corp

Our stock analysis for Zhongjin Gold Corp 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 Zhongjin Gold Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.