Wenling Zhejiang Measuring dividend yield calculator – Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd Announces 0.2267 Cash Dividend
May 26, 2023
Dividends Yield
Wenling Zhejiang Measuring ($SEHK:01379) And Cutting Tools Trading Centre Co Ltd recently announced a cash dividend of 0.2267 CNY per share for their investors. Even with the decrease, the dividend yield still stands at a return of 9.28%. This may make WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE an attractive stock to investors who are looking for dividend-paying stocks. The ex-dividend date for the stock is May 12 2023, so if this type of stock interests you, it may be worth looking into.
The company has been consistently issuing dividends for the past three years, making it a reliable source of income for their investors. As one of the largest trading centre companies in Zhejiang, they have been able to maintain a steady growth over the years and have continued to increase their dividend payouts annually.
Price History
The stock price for WZMTTC opened at HK$3.4 and closed at the same price. This action is also a sign of the company’s confidence in its future prospects. It is expected that this dividend will help to bring positive returns to shareholders in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wenling Zhejiang Measuring. More…
| Total Revenues | Net Income | Net Margin |
| 230.86 | 57.51 | 24.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wenling Zhejiang Measuring. More…
| Operations | Investing | Financing |
| 71.36 | -36.52 | -40.74 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wenling Zhejiang Measuring. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.17k | 376.01 | 9.92 |
Key Ratios Snapshot
Some of the financial key ratios for Wenling Zhejiang Measuring are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 66.4% | 31.2% | 34.2% |
| FCF Margin | ROE | ROA |
| 30.8% | 6.4% | 4.2% |
Analysis
GoodWhale has conducted an analysis of WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE’s wellbeing. According to our Star Chart, WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE is strong in asset, growth, and medium in dividend, profitability. After careful evaluation, we classified WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. We believe that investors who are looking for potential short-term returns such as traders and hedge funds, might be interested in such companies due to its potential for quick returns. Despite its riskier nature, WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE has a high health score of 9/10 considering its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. More…
Peers
It competes with four other major players in the market, including MGroup Group Corp, R T C L Ltd, Decorous Investment and Trading Co Ltd. All of these companies strive to provide the best quality products and services to their customers.
– MGroup Group Corp ($HNX:MGR)
R T C L Ltd is a diversified company with investments in media, energy, and technology. The company has a market capitalization of 183.02M as of 2023, indicating a current value of the company’s equity. Furthermore, R T C L Ltd has a Return on Equity of 0.62%, which is a measure of how well the business is performing and how efficiently it is using its assets to generate returns. This indicates that R T C L Ltd is managing its resources in an effective manner to increase profits and shareholder returns.
– R T C L Ltd ($BSE:531552)
Decorous Investment and Trading Co Ltd is a privately owned investment and trading company that specializes in providing financial services and solutions to corporate and private entities. The company has a market cap of 60.2M as of 2023, which is relatively high given its size. The Return on Equity of Decorous Investment and Trading Co Ltd is -1.04%, meaning that the company has not been able to generate profits from its investments. This might be due to a lack of market knowledge or other external factors such as market volatility.
Summary
Investing in WENLING ZHEJIANG MEASURING AND CUTTING TOOLS TRADING CENTRE has proved to be a lucrative option over the past three years. The company has delivered an average annual dividend of 0.32 CNY per share, giving shareholders a 9.28% return on investment. This indicates the potential for investors to not only enjoy a steady income but also to benefit from the company’s growth prospects. For those interested in this company, it is important to consider the associated risks before committing funds.
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