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LX Technology Group (HKSE:02436) PS Ratio : 0.26 (As of Apr. 11, 2025)


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What is LX Technology Group PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, LX Technology Group's share price is HK$2.19. LX Technology Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$8.27. Hence, LX Technology Group's PS Ratio for today is 0.26.

Good Sign:

LX Technology Group Ltd stock PS Ratio (=0.33) is close to 3-year low of 0.33.

The historical rank and industry rank for LX Technology Group's PS Ratio or its related term are showing as below:

HKSE:02436' s PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.06   Max: 2.41
Current: 0.26

During the past 6 years, LX Technology Group's highest PS Ratio was 2.41. The lowest was 0.26. And the median was 1.06.

HKSE:02436's PS Ratio is ranked better than
88.27% of 2430 companies
in the Hardware industry
Industry Median: 1.31 vs HKSE:02436: 0.26

LX Technology Group's Revenue per Sharefor the six months ended in Jun. 2024 was HK$3.32. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$8.27.

During the past 12 months, the average Revenue per Share Growth Rate of LX Technology Group was 23.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 23.30% per year.

During the past 6 years, LX Technology Group's highest 3-Year average Revenue per Share Growth Rate was 65.90% per year. The lowest was 23.30% per year. And the median was 44.60% per year.

Back to Basics: PS Ratio


LX Technology Group PS Ratio Historical Data

The historical data trend for LX Technology Group's PS Ratio 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.

LX Technology Group PS Ratio Chart

LX Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PS Ratio
Get a 7-Day Free Trial - - 1.54 1.18 0.45

LX Technology Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 - 1.18 - -

Competitive Comparison of LX Technology Group's PS Ratio

For the Computer Hardware subindustry, LX Technology Group's PS Ratio, along with its competitors' market caps and PS Ratio 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.


LX Technology Group's PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LX Technology Group's PS Ratio distribution charts can be found below:

* The bar in red indicates where LX Technology Group's PS Ratio falls into.


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LX Technology Group PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

LX Technology Group's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.19/8.27
=0.26

LX Technology Group's Share Price of today is HK$2.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LX Technology Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$8.27.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


LX Technology Group  (HKSE:02436) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


LX Technology Group PS Ratio Related Terms

Thank you for viewing the detailed overview of LX Technology Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


LX Technology Group Business Description

Traded in Other Exchanges
N/A
Address
10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.
Executives
Hu Zuoxiong 2201 Interest of corporation controlled by you
Teeroy Limited 2301 Trustee
Hua Baocheng 2101 Beneficial owner
Beauty Bear Technology Limited 2101 Beneficial owner
Tricor Trust (hong Kong) Limited 2301 Trustee
Chen Wei 2201 Interest of corporation controlled by you
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Lx Brothers Technology Limited 2101 Beneficial owner

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