Shanghai Zhonggu Logistics dividend yield – Shanghai Zhonggu Logistics Co Ltd Declares 0.22 Cash Dividend
May 29, 2023
Dividends Yield
On May 26 2023, Shanghai Zhonggu Logistics ($SHSE:603565) Co Ltd announced a 0.22 CNY per share cash dividend for its shareholders, marking the start of its 2023 financial year. The dividend yield has been varied for SHANGHAI ZHONGGU LOGISTICS in the last 3 years, with 2.7, 2.7 and 0.47 CNY per share for 2021, 2022 and 2023 respectively and an average yield of 11.24%. For those looking for dividend stocks, SHANGHAI ZHONGGU LOGISTICS could be a good choice for their portfolio, with the ex-dividend date being May 18 2023. This shows the strong performance of SHANGHAI ZHONGGU LOGISTICS and its ability to sustain its dividend payments.
Market Price
SZL opened on the stock exchange at CNY10.4 and closed at CNY10.5, a 1.1% increase from the previous day’s closing price of CNY10.4. This dividend payout is intended to reward shareholders for their investments in the company and is an example of SZL’s commitment to providing value to its investors. The dividend payout is a sign of SZL’s financial health and stability, and it reflects the company’s commitment to generating returns for its investors.
This latest announcement is likely to be well-received among investors, as it demonstrates that SZL remains dedicated to generating value for its stakeholders. With this move, SZL is signaling its confidence in its future growth and performance, and this will likely boost investor confidence and further support its stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shanghai Zhonggu Logistics. More…
| Total Revenues | Net Income | Net Margin |
| 13.95k | 2.73k | 18.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shanghai Zhonggu Logistics. More…
| Operations | Investing | Financing |
| 3.75k | -152.19 | -996.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shanghai Zhonggu Logistics. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 21.71k | 11.77k | 6.56 |
Key Ratios Snapshot
Some of the financial key ratios for Shanghai Zhonggu Logistics are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.8% | 39.7% | 27.5% |
| FCF Margin | ROE | ROA |
| 7.3% | 25.0% | 11.1% |
Analysis
At GoodWhale, we have conducted a thorough analysis of SHANGHAI ZHONGGU LOGISTICS’s financials and have found that it is a low risk investment in terms of financial and business aspects. Upon examining the income sheet, balance sheet, and cashflow statement, we have identified three risk warnings. Register on goodwhale.com to view our full findings. Our analysis has taken into account a number of risk factors, such as the company’s liquidity ratios, profitability metrics, and debt levels. By considering these and other factors, we have determined that SHANGHAI ZHONGGU LOGISTICS is a relatively low risk investment. However, it is important to note that our analysis has identified three distinct risk warnings that potential investors should be aware of. At GoodWhale, we understand that financial analysis can be complex and time consuming. That is why we have created a comprehensive platform that allows users to quickly and easily analyze companies’ financials. By registering on goodwhale.com, users can access our full findings for SHANGHAI ZHONGGU LOGISTICS and view the risk warnings that our analysis has identified. More…
Peers
The logistics industry is becoming increasingly competitive as companies compete for customers and market share. Shanghai Zhonggu Logistics Co Ltd is no exception, as it faces competition from Dongbang Transport Logistics Co Ltd, Vinafreight JSC, and Seacoast Shipping Services Ltd. All of these companies strive to provide the fastest and most efficient services in order to stay ahead of their competitors. As the competition between these companies intensifies, each strives to provide the best services to its customers.
– Dongbang Transport Logistics Co Ltd ($KOSE:004140)
Dongbang Transport Logistics Co Ltd is a leading provider of international transportation and logistics services. With a market capitalization of 109.69 billion as of 2023, the company is well-positioned to continue its growth trajectory. Additionally, the company has demonstrated strong financial performance, as evidenced by its 18.67% return on equity. This indicates the company’s ability to generate profits from its investments. The company is committed to providing customers with innovative solutions and reliable services that meet the highest standards of international transportation and logistics.
– Vinafreight JSC ($HNX:VNF)
Seacoast Shipping Services Ltd is an international shipping and logistics services provider that specializes in transporting goods around the world. The company has a market cap of 1.14 billion as of 2023, which shows its potential for growth and profitability. Additionally, the company has an impressive Return on Equity (ROE) of 24.77%, meaning that it is able to generate higher returns on its investments compared to its competitors. This indicates that the company is well-managed, efficient, and has strong financial standing.
Summary
Investing in SHANGHAI ZHONGGU LOGISTICS can be an attractive option for potential investors due to its consistently high dividend yield in recent years. The company has paid 2.7, 2.7 and 0.47 CNY per share in 2021, 2022 and 2023 respectively with an average yield of 11.24%. This makes SHANGHAI ZHONGGU LOGISTICS a great dividend play for those looking to generate steady income from their investments.
Additionally, the company has a strong track record of financial performance with steady earnings growth, which makes it an attractive option for long-term investors. It is important to note, however, that investors should thoroughly research the company before making any decisions.
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