Zjmi Environmental Energy dividend – ZJMI Environmental Energy Co Ltd Declares 0.8 Cash Dividend
May 31, 2023
☀️Dividends Yield
On May 26 2023, ZJMI ($SHSE:603071) Environmental Energy Co Ltd declared a 0.8 cash dividend for its shareholders. This dividend is one of the company’s regular annual distributions and is a sign of its commitment to rewarding its shareholders. The ex-dividend date for the 2023 dividend was May 24, meaning shareholders of record on that date will receive the dividend. Investors interested in dividend stocks should consider ZJMI Environmental Energy.
The company has issued an annual dividend per share of 0.6 CNY each year for the past two years and has an average dividend yield of 3.19%. This is a solid yield compared to other stocks in the same industry, making ZJMI Environmental Energy an attractive option for investors seeking dividend plays. For those who need a steady, reliable income stream, this stock may be worth investigating further.
Stock Price
The announcement came as a surprise to many investors, as the stock opened at CNY17.1 and closed at CNY16.7, down by 2.5% from the previous closing price of 17.2. The dividend was well received by the market, and the stock price rose slightly in response to the announcement. ZJMI ENVIRONMENTAL ENERGY is one of the leading companies in the energy sector, providing clean and renewable energy sources. Their focus on environmental sustainability has been a major factor in their success, and the dividend announcement is seen as a sign of their commitment to their investors.
The dividend will provide shareholders with a return on their investments while also helping the company to continue its efforts towards providing green energy solutions. Overall, the announcement of the 0.8 yuan dividend has been well-received by investors and is indicative of ZJMI ENVIRONMENTAL ENERGY’s commitment to environmental sustainability and their shareholders alike. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zjmi Environmental Energy. More…
| Total Revenues | Net Income | Net Margin |
| 54.64k | 1.13k | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zjmi Environmental Energy. More…
| Operations | Investing | Financing |
| 2.91k | -1.24k | -1.65k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zjmi Environmental Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.22k | 4.47k | 8.15 |
Key Ratios Snapshot
Some of the financial key ratios for Zjmi Environmental Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.5% | 24.5% | 2.9% |
| FCF Margin | ROE | ROA |
| 4.6% | 21.3% | 9.8% |
Analysis
At GoodWhale, we have conducted an analysis of ZJMI ENVIRONMENTAL ENERGY and its fundamentals. Our Risk Rating for this investment is medium in terms of its financial and business aspects. We have also detected two risk warnings from the income sheet and cashflow statement of the company. To get more information on this, register with us and get access to our analysis. We are confident that you will find our analysis helpful in guiding your decision making related to this investment. More…
Peers
With the rising demand for cleaner energy sources, each of these companies are jostling for pole position in the global energy market. As such, they are constantly innovating and creating new products and services to help them gain a competitive edge.
– Vinacomin Ha Tu Coal JSC ($HNX:THT)
Golden Energy and Resources Ltd is an integrated resource company based in Singapore. The company is engaged in the business of coal mining, exploration, and trading which provides them with a strong competitive edge in the industry. Golden Energy and Resources Ltd has a market cap of 2.52B as of 2023, making it one of the larger players in the industry. The company also has a Return on Equity of 104.78%, indicating that it is able to generate high returns on its equity investments. This strong performance reflects the company’s ability to consistently generate profits and increase its shareholder value.
– Golden Energy and Resources Ltd ($SGX:AUE)
Shanxi Coking Coal Energy Group Co Ltd is a coal and energy conglomerate that operates in China. The company has a market cap of $56.71 billion as of 2023, making it one of the largest companies in the country. Furthermore, Shanxi Coking Coal Energy Group Co Ltd has a Return on Equity of 33.92%, indicating that it is well-managed and profitable. The company produces and sells coal as well as providing energy services to its customers. It also invests in related businesses, such as coal-related chemicals and power generation.
Summary
ZJMI ENVIRONMENTAL ENERGY is a potential dividend stock for investors seeking reliable income. Over the last two years, it has distributed an annual dividend per share of 0.6 CNY, resulting in an average dividend yield of 3.19%. Analyzing further, the company’s financial metrics point to a healthy balance sheet, with sufficient liquidity and a manageable debt position.
In addition, its operating performance has been satisfactory, with steadily growing revenue and profits. Consequently, ZJMI ENVIRONMENTAL ENERGY may represent a compelling option for investors desiring a steady income stream.
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