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Henan Yicheng New Energy Co (SZSE:300080) Median PS Value : ¥7.32 (As of May. 26, 2024)


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What is Henan Yicheng New Energy Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Henan Yicheng New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.97. Henan Yicheng New Energy Co's 10-Year median PS Ratio is 1.8438. Therefore, the Median PS Value for today is ¥7.32.

As of today (2024-05-26), Henan Yicheng New Energy Co's share price is ¥3.80. Henan Yicheng New Energy Co's Median PS Value is ¥7.32. Therefore, Henan Yicheng New Energy Co's Price to Median PS Value for today is 0.52.

The historical rank and industry rank for Henan Yicheng New Energy Co's Median PS Value or its related term are showing as below:

SZSE:300080' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.45   Med: 0.73   Max: 1.98
Current: 0.52

During the past 13 years, the highest Price to Median PS Value of Henan Yicheng New Energy Co was 1.98. The lowest was 0.45. And the median was 0.73.

SZSE:300080's Price-to-Median-PS-Value is ranked better than
88.89% of 513 companies
in the Semiconductors industry
Industry Median: 1.4 vs SZSE:300080: 0.52

Henan Yicheng New Energy Co Median PS Value Historical Data

The historical data trend for Henan Yicheng New Energy Co's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Henan Yicheng New Energy Co Median PS Value Chart

Henan Yicheng New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.90 5.55 10.32 8.45

Henan Yicheng New Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.16 9.85 9.49 8.45 7.32

Competitive Comparison of Henan Yicheng New Energy Co's Median PS Value

For the Semiconductor Equipment & Materials subindustry, Henan Yicheng New Energy Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Henan Yicheng New Energy Co's Price-to-Median-PS-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Yicheng New Energy Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Henan Yicheng New Energy Co's Price-to-Median-PS-Value falls into.



Henan Yicheng New Energy Co Median PS Value Calculation

Henan Yicheng New Energy Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.97*1.8438
=7.32

10-Year Median PS Ratio is 1.8438.
Henan Yicheng New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3.97.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Henan Yicheng New Energy Co  (SZSE:300080) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Henan Yicheng New Energy Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.80/7.32
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Henan Yicheng New Energy Co Median PS Value Related Terms

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Henan Yicheng New Energy Co (SZSE:300080) Business Description

Traded in Other Exchanges
N/A
Address
Kaifeng Fine Chemical Industrial Park, Henan Province, Henan, Kaifeng, CHN, 475000
Henan Yicheng New Energy Co Ltd is engaged in the production of solar crustal wafer cutting blade, recycling of waste mortar, solar power station construction, production and sales of negative electrode materials, and production and sales of monocrystalline silicon cells.
Executives
Chang Xing Hua Directors, executives
Wang Shao Feng Director
Lan Xiao Long Executives
Yang Guang Jie Executives
Cui Qiang Executives
Wang An Le Director
Yang Guo Xin Executives
Wan Jian Min Executives
Cui Yi Independent director
Mai Zhi Yong Directors, executives
Song He Chen Director
Jiang Wei Hai Director
Xu Yu Zhu Executives
Ji Fang Yin Director
Hao Yu Hui Director

Henan Yicheng New Energy Co (SZSE:300080) Headlines

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