Jiangsu Bide Science dividend yield – Jiangsu Bide Science And Technology Co Ltd Announces 0.15 Cash Dividend
June 12, 2023
🌥️Dividends Yield
Jiangsu Bide Science ($SHSE:605298) And Technology Co Ltd recently announced a 0.15 CNY cash dividend for the year 2023. Investors looking for dividend stocks may want to consider JIANGSU BIDE SCIENCE AND TECHNOLOGY as it has been offering annual dividends of 0.4 CNY per share over the last 2 years. This represents a dividend yield of 3.04% for this year and an average dividend yield of 3.04% over the past two years. The ex-dividend date for this stock is June 8, 2023, so investors must hold the stock before this date to qualify for the dividend. JIANGSU BIDE SCIENCE AND TECHNOLOGY is a science and technology company that specializes in research and development, product design, production and sales. Its products are mainly related to computer application technology, robotic technology, artificial intelligence and other fields.
The company has grown increasingly popular over the past few years and has established a strong reputation in its industry. This dividend could be just the start of great things to come for investors in JIANGSU BIDE SCIENCE AND TECHNOLOGY. With its commitment to innovation and its growing customer base, the company is well poised to continue delivering reliable long-term returns for investors. Therefore, investors who are looking into dividend stocks should take a closer look at JIANGSU BIDE SCIENCE AND TECHNOLOGY.
Stock Price
Following the news, shares of Jiangsu Bide Science and Technology opened at CNY14.7 and closed at CNY14.8, up by 1.0% from last closing price of 14.7. The dividend news is seen as a positive by investors, as Jiangsu Bide Science and Technology continues to focus on delivering strong financial performance. This cash dividend is another testament to the company’s commitment to creating value for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jiangsu Bide Science. More…
| Total Revenues | Net Income | Net Margin |
| 240.88 | 40.3 | 20.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jiangsu Bide Science. More…
| Operations | Investing | Financing |
| -2.85 | -88.74 | -47.59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jiangsu Bide Science. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.17k | 198.63 | 6.77 |
Key Ratios Snapshot
Some of the financial key ratios for Jiangsu Bide Science are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.8% | -27.9% | 20.3% |
| FCF Margin | ROE | ROA |
| -24.7% | 3.1% | 2.6% |
Analysis – Jiangsu Bide Science Stock Fair Value Calculator
At GoodWhale, we have analyzed the fundamentals of JIANGSU BIDE SCIENCE AND TECHNOLOGY. Our proprietary Valuation Line indicates that the fair value of JIANGSU BIDE SCIENCE AND TECHNOLOGY shares is approximately CNY14.6. Presently, the stock is trading at CNY14.8, which is a slightly overvalued fair price of 1.3%. More…
Peers
Jiangsu Bide Science And Technology Co Ltd faces an intense competitive landscape in its industry. It competes with Jinxi Axle Co Ltd, Beijing Tianyishangjia New Material Corp Ltd, and Hoang Ha JSC in providing innovative products and services to stay ahead of the competition. Each competitor has its own unique set of strengths and weaknesses that Jiangsu Bide Science And Technology Co Ltd must be aware of in order to remain competitive.
– Jinxi Axle Co Ltd ($SHSE:600495)
Jinxi Axle Co Ltd is a Chinese company that produces axle components for automobiles. As of 2023, it has a market capitalization of 5.06 billion, which indicates its size and market share in the industry. Its return on equity (ROE) stands at -0.16%, which suggests that the company is not efficiently managing its revenues to generate profit. The negative ROE may be due to the significant expenses associated with production and marketing or operational inefficiencies. Despite this, Jinxi Axle Co Ltd has managed to maintain its market capitalization, indicating that it is a well-established player in the industry.
– Beijing Tianyishangjia New Material Corp Ltd ($SHSE:688033)
Beijing Tianyishangjia New Material Corp Ltd is a Chinese company that manufactures and sells new materials. It has a market capitalization of 9.42B as of 2023, which represents the company’s total market value. Meanwhile, its Return on Equity (ROE) of 3.03% indicates that the company is able to generate a satisfactory level of profitability from its shareholders’ investments, which is a positive sign of the company’s financial health.
Summary
JIANGSU BIDE SCIENCE AND TECHNOLOGY is a good option for those looking for dividend stocks as it has been offering dividends at a rate of 0.4 CNY per share for the past two years. The dividend yields for 2022 and 2023 are both 3.04%, making it an attractive option for those seeking regular returns. Additionally, its stock price has been steadily increasing over the past few years, making it a reliable and profitable investment. With its strong fundamentals, JIANGSU BIDE SCIENCE AND TECHNOLOGY is an ideal choice for those looking to diversify their portfolios and benefit from consistent returns.
