Shanghai Kaichuang Marine dividend yield calculator – Shanghai Kaichuang Marine International Co Ltd Declares Cash Dividend of 0.133
June 12, 2023
🌥️Dividends Yield
Shanghai Kaichuang Marine ($SHSE:600097) International Co Ltd, has announced a cash dividend of 0.133 CNY on June 1st, 2023. This is in line with their recent trend in dividend yields as they have issued annual dividends per share at 0.24, 0.24, and 0.18 CNY for the last three years, resulting in an average dividend yield of 2.14%. If you are looking for a stock with competitive dividend yields, SHANGHAI KAICHUANG MARINE INTERNATIONAL might be a suitable option with its 2.3%, 2.3%, and 1.81% yields from 2021 to 2023. Investors must also note that the ex-dividend date is on June 8th, 2023 and only shareholders on record before that date will qualify to receive the dividend payment.
Stock Price
This news sent SKMI stock up 1.4% from its last closing price of CNY9.6 to CNY9.7 when the stock opened and closed on Thursday. The dividend will be paid to shareholders who are listed as of the record date and the payment date is yet to be determined. SKMI is a leading provider of marine services in China. The company has proven itself to be a reliable and trusted partner in the industry over the years, and this announcement of the dividend payment is likely to be well-received by shareholders.
The dividend payment provides them with additional funds to support their operations and activities, and they can also expect to benefit from the company’s long-term growth prospects. This dividend payment is a testament to SKMI’s financial strength and ability to generate returns for its shareholders. The company’s commitment to healthy financial management is likely to attract more investors and increase its investor base in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shanghai Kaichuang Marine. More…
| Total Revenues | Net Income | Net Margin |
| 1.99k | 97.21 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shanghai Kaichuang Marine. More…
| Operations | Investing | Financing |
| -94.07 | -70.75 | -173.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shanghai Kaichuang Marine. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.2k | 1.07k | 8.68 |
Key Ratios Snapshot
Some of the financial key ratios for Shanghai Kaichuang Marine are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.3% | -3.5% | 6.4% |
| FCF Margin | ROE | ROA |
| -11.4% | 3.8% | 2.5% |
Analysis – Shanghai Kaichuang Marine Stock Fair Value
At GoodWhale, we have conducted an analysis of SHANGHAI KAICHUANG MARINE INTERNATIONAL’s wellbeing. Based on our proprietary Valuation Line, our report shows that the fair value of SHANGHAI KAICHUANG MARINE INTERNATIONAL shares is estimated to be around CNY7.4. However, currently, SHANGHAI KAICHUANG MARINE INTERNATIONAL is trading at CNY9.7, which is overvalued by 30.4%. More…
Peers
The competition between Shanghai Kaichuang Marine International Co Ltd and its competitors, Fujian Tianma Science and Technology Group Co Ltd, YuanShengTai Dairy Farm Ltd and Shandong Denghai Seeds Co Ltd, has been fierce in recent years. With each company vying for a larger market share, the competitive landscape in the industry has become more intense as each strives to offer the best products and services.
– Fujian Tianma Science and Technology Group Co Ltd ($SHSE:603668)
Fujian Tianma Science and Technology Group Co Ltd is a Chinese manufacturing company that specializes in the production of LCD and OLED displays, as well as other components for electronic devices. The company has a market cap of 7.03B as of 2023, indicating that the company is a highly successful enterprise. Additionally, the company has a Return on Equity (ROE) of 7.5%, indicating that it has a high degree of profitability. This is a clear indication of the success that Fujian Tianma Science and Technology Group Co Ltd has had in the manufacturing industry.
– YuanShengTai Dairy Farm Ltd ($SEHK:01431)
YuanShengTai Dairy Farm Ltd is a leading Chinese dairy producer that is listed on the Shanghai Stock Exchange. The company has a market capitalization of 694.19M as of 2023 and boasts a Return on Equity (ROE) of 0.4%. YuanShengTai Dairy Farm Ltd produces a full range of dairy products, including milk, cheese, yogurt, and other dairy products. The company also operates a wide network of farms and processing facilities to support production and distribution. YuanShengTai Dairy Farm Ltd has a strong presence in the Chinese market and is committed to delivering quality products with the highest standards of food safety and animal welfare.
– Shandong Denghai Seeds Co Ltd ($SZSE:002041)
Shandong Denghai Seeds Co Ltd is a Chinese agricultural biotechnology company that specializes in the research, development, production, and marketing of crop seeds. With a market cap of 13.49B as of 2023, the company is well-positioned to capitalize on current and future market opportunities. Additionally, its Return on Equity of 4.54% suggests that it is successfully deploying its capital and managing its operations efficiently.
Summary
Investing in SHANGHAI KAICHUANG MARINE INTERNATIONAL can be a viable option for those looking for attractive dividend yields. Over the past three years, SHANGHAI KAICHUANG MARINE INTERNATIONAL has paid out dividends of 0.24, 0.24, and 0.18 CNY per share, resulting in a consistent average dividend yield of 2.14%. Going forward, the company is expected to maintain a competitive dividend yield, with yields of 2.3%, 2.3%, and 1.81% from 2021 to 2023 respectively. Therefore, investors looking for a reliable dividend income source should consider SHANGHAI KAICHUANG MARINE INTERNATIONAL stocks.
