Prinx Chengshan dividend yield – PRINX CHENGSHAN Holdings Ltd Announces 0.2 Cash Dividend
May 26, 2023
Dividends Yield
On May 25 2023, PRINX CHENGSHAN ($SEHK:01809) Holdings Ltd announced their 0.2 CNY cash dividend for the past three years. This dividend per share of 0.17 CNY has yielded an average of 2.81%, with an ex-dividend date of May 24, 2023. If you are looking to invest in a dividend stock, PRINX CHENGSHAN might be worth considering.
It has consistently declared an annual dividend of 0.17 CNY, and with their recent announcement of a 0.2 CNY dividend, this could be an interesting opportunity for investors to add to their portfolio. With its above average yield and its consistent dividend declarations, PRINX CHENGSHAN is an attractive option for those looking for a reliable dividend stock.
Price History
The announcement affected the stock price as PRINX CHENGSHAN opened at HK$6.1 and closed at HK$6.0, representing a 0.3% decrease from the previous closing price of 6.1. Shareholders are eligible to receive the dividend and the record date is expected to be announced shortly. The company is set to benefit from the dividend due to its strong financial performance in recent years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Prinx Chengshan. More…
| Total Revenues | Net Income | Net Margin |
| 8.15k | 393.78 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Prinx Chengshan. More…
| Operations | Investing | Financing |
| 805.42 | -681.67 | 89.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Prinx Chengshan. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.99k | 5.53k | 7 |
Key Ratios Snapshot
Some of the financial key ratios for Prinx Chengshan are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | -16.6% | 5.2% |
| FCF Margin | ROE | ROA |
| 2.6% | 6.2% | 2.7% |
Analysis
At GoodWhale, we have conducted an analysis of the fundamentals of PRINX CHENGSHAN and have come to the conclusion that it is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the income sheet and cashflow statement. If you want to take a closer look, you can register for a GoodWhale account and access our comprehensive review of the investment. We have put together a detailed report of the key information that you ought to know about this investment including the management team, financials, market trends, competitive landscape and more. With GoodWhale, you can be sure that you are making an informed decision about whether or not to invest in PRINX CHENGSHAN. More…
Peers
The competition between Prinx Chengshan Holdings Ltd and its competitors, Zhejiang Tieliu Clutch Co Ltd, Zhejiang Jinfei Kaida Wheel Co Ltd, and Stamford Tyres Corp Ltd, is intense. All four companies strive to create the best products and services in order to dominate the market and gain a competitive advantage. As a result, all four companies are constantly innovating and striving to stay ahead of the competition.
– Zhejiang Tieliu Clutch Co Ltd ($SHSE:603926)
Zhejiang Tieliu Clutch Co Ltd is a Chinese company that specializes in providing high-quality clutches and other related products. As of 2023, the company has a market capitalization of 2.17 billion dollars and a return on equity of 3.47%. This suggests that the company is a successful business, earning more than three times as much from every dollar invested than other companies in the same industry. This has enabled the company to reinvest those earnings for more growth, which is beneficial for both the company and its shareholders.
– Zhejiang Jinfei Kaida Wheel Co Ltd ($SZSE:002863)
Zhejiang Jinfei Kaida Wheel Co Ltd is a Chinese company that manufactures and distributes passenger car and light truck wheels. Its market cap as of 2023 is 2.84B, which is reflective of its strong financial performance. The company has a Return on Equity of 8.03%, which is impressive given the competitive landscape they operate in. This suggests that they are adept at generating returns from their investments and have a strong competitive edge in the industry.
– Stamford Tyres Corp Ltd ($SGX:S29)
Stamford Tyres Corp Ltd is a Singapore-based company that offers a wide range of tyre and rim products and services. The company has a market capitalization of 45.82M S$ as of 2023 and a Return on Equity of 6.75%. The market cap of the company is an indication of how much the company is worth in the stock market. It is calculated by multiplying the company’s outstanding shares by its current market price. Stamford Tyres Corp’s ROE is a measure of how efficient the company is in utilizing its equity to generate profits, and it is an indication of the shareholders’ returns on their investments in the company.
Summary
PRINX CHENGSHAN is a great investment opportunity for those looking for steady dividend yields. It has maintained a dividend yield of 2.81% over the past 3 years, providing a reliable return on investment. The company has a consistent ex-dividend date of May 24th each year, and the dividend payout per share is currently 0.17 CNY. Investors should also consider the company’s financials, including its balance sheet and annual reports, before making their decision.
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