Haiyang Technology Co

Haiyang Technology Co Forward P/E

The Forward P/E Ratio of Haiyang Technology Co (603382.SS) as of Oct 24, 2026 is 34.16. In the previous year, Forward P/E Ratio was 45.35 — a change of -24.67% (lower).

Forward P/E

34.16

YoY

-24.67%

Last updated:

Forward P/E Ratio of Haiyang Technology Co is 2024 34.16 . Forward P/E Ratio of Haiyang Technology Co was 2023 45.35 . It decreases by -24.67% lower compared to the previous year.

The Haiyang Technology Co Forward P/E history

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Forward P/E
Date
Forward P/E
Jan 1, 2022
36.78 CNY
Jan 1, 2023
45.35 CNY
Jan 1, 2024
34.16 CNY
The Haiyang Technology Co Forward P/E history
YEARForward P/EYoY
34.16-24.67%
45.35+23.29%
36.78—

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Haiyang Technology Co Stock analysis

What does Haiyang Technology Co do? Haiyang Technology Co., Ltd. generates revenue through the production and sale of nylon 6 chips, nylon 6 yarns, and tire cord fabrics, including nylon 6 tire cord fabrics, polyester tire cord fabrics, and nylon 66 tire cord fabrics. The company integrates R&D, production, and sales to serve global markets, focusing on chemical, chemical fiber, and tire enterprises. Its products are primarily utilized in nylon fibers, engineering plastics, and films, targeting industrial applications within these sectors. The firm's main customers are chemical and tire industry players who require reinforcement materials for tire manufacturing and other industrial uses. The company's product portfolio includes nylon 6 chips as a core offering, alongside nylon 6 yarns and specialized tire cord fabrics. These materials serve as reinforcement components in tire production, with nylon 6 tire cord fabrics being a key segment. The business model emphasizes direct integration from R&D to sales, ensuring quality control and market responsiveness for its global clientele. Chemical fiber enterprises are significant buyers of the company's nylon 6 yarns, while tire manufacturers rely on its tire cord fabrics for structural integrity in tire construction. Haiyang Technology's revenue streams are derived from the global demand for nylon-based materials in industrial applications. The firm's main markets include chemical enterprises requiring nylon 6 chips for engineering plastics, chemical fiber producers using nylon 6 yarns, and tire manufacturers purchasing tire cord fabrics. The company's strategic focus on integration across the value chain allows it to capture value from multiple segments within the chemical and tire industries without external dependencies. Haiyang Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Haiyang Technology Co stock

Forward P/E Ratio of Haiyang Technology Co is 34.16 in 2024.

Forward P/E Ratio of Haiyang Technology Co changed from 45.35 to 34.16, representing a -24.67% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio Haiyang Technology Co since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's Haiyang Technology Co with sector peers and the industry average to assess whether it is attractive.

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Valuation — Haiyang Technology Co

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