View Financial HealthZhejiang Oceanking Development 配当と自社株買い配当金 基準チェック /16Zhejiang Oceanking Development配当を支払う会社であり、現在の利回りは1.84%です。主要情報1.8%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長-24.1%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向152%最近の配当と自社株買いの更新Declared Dividend • May 20Dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.Declared Dividend • May 23Dividend reduced to CN¥0.27Dividend of CN¥0.27 is 6.0% lower than last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.すべての更新を表示Recent updatesDeclared Dividend • May 20Dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.44 in FY 2024)Full year 2025 results: EPS: CN¥0.17 (down from CN¥0.44 in FY 2024). Revenue: CN¥2.63b (down 9.5% from FY 2024). Net income: CN¥75.6m (down 60% from FY 2024). Profit margin: 2.9% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Apr 16Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang Chinaお知らせ • Mar 30Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.092 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0 (down from CN¥0.092 in 3Q 2024). Revenue: CN¥636.8m (down 27% from 3Q 2024). Net income: CN¥49.2k (down 100% from 3Q 2024). Profit margin: 0% (down from 4.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Sep 30Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Board Change • Sep 03Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jianyi Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 9x cash flows per share). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin).Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥15.20, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 40x in the Chemicals industry in China. Total returns to shareholders of 11% over the past three years.お知らせ • Jun 30Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Declared Dividend • May 23Dividend reduced to CN¥0.27Dividend of CN¥0.27 is 6.0% lower than last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.New Risk • Apr 21New major risk - Revenue and earnings growthEarnings have declined by 1.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.6% net profit margin).New Risk • Apr 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 18Full year 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.57 in FY 2023)Full year 2024 results: EPS: CN¥0.44 (down from CN¥0.57 in FY 2023). Revenue: CN¥2.90b (up 37% from FY 2023). Net income: CN¥191.1m (down 23% from FY 2023). Profit margin: 6.6% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Apr 18Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang ChinaValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.45, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 41% over the past three years.お知らせ • Mar 28Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Dec 27Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.95, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 36x in the Chemicals industry in China. Total loss to shareholders of 60% over the past three years.分析記事 • Dec 03Zhejiang Oceanking Development (SHSE:603213) May Have Issues Allocating Its CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥10.85, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 36x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.分析記事 • Nov 07We Think That There Are Some Issues For Zhejiang Oceanking Development (SHSE:603213) Beyond Its Promising EarningsZhejiang Oceanking Development Co., Ltd.'s ( SHSE:603213 ) healthy profit numbers didn't contain any surprises for...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.092 (vs CN¥0.16 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.092 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥869.1m (up 61% from 3Q 2023). Net income: CN¥42.5m (down 36% from 3Q 2023). Profit margin: 4.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Sep 30Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥8.88, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 16% over the past year.Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2023). Revenue: CN¥749.8m (up 49% from 2Q 2023). Net income: CN¥61.7m (up 111% from 2Q 2023). Profit margin: 8.2% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue.お知らせ • Jun 29Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024分析記事 • Jun 06Be Wary Of Zhejiang Oceanking Development (SHSE:603213) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2023). Revenue: CN¥393.3m (down 20% from 1Q 2023). Net income: CN¥45.2m (down 23% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023).分析記事 • Apr 21We Think That There Are More Issues For Zhejiang Oceanking Development (SHSE:603213) Than Just Sluggish EarningsZhejiang Oceanking Development Co., Ltd.'s ( SHSE:603213 ) stock wasn't much affected by its recent lackluster earnings...お知らせ • Apr 12Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang ChinaReported Earnings • Apr 12Full year 2023 earnings released: EPS: CN¥0.57 (vs CN¥0.87 in FY 2022)Full year 2023 results: EPS: CN¥0.57 (down from CN¥0.87 in FY 2022). Revenue: CN¥2.11b (down 18% from FY 2022). Net income: CN¥248.8m (down 34% from FY 2022). Profit margin: 12% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue.お知らせ • Mar 29Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024Buy Or Sell Opportunity • Feb 22Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to CN¥8.48. The fair value is estimated to be CN¥6.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥8.18, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 46% over the past year.New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin).Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.79, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 11% over the past year.お知らせ • Dec 29Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.16. Revenue: CN¥541.1m (down 13% from 3Q 2022). Net income: CN¥66.7m (down 5.9% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022).Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.33 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.33 in 2Q 2022). Revenue: CN¥502.1m (down 33% from 2Q 2022). Net income: CN¥29.3m (down 80% from 2Q 2022). Profit margin: 5.8% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥0.87 (vs CN¥1.32 in FY 2021)Full year 2022 results: EPS: CN¥0.87 (down from CN¥1.32 in FY 2021). Revenue: CN¥2.56b (up 25% from FY 2021). Net income: CN¥379.4m (down 24% from FY 2021). Profit margin: 15% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥16.18, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 19% over the past year.Board Change • Nov 16High number of new directorsIndependent Director Jianyi Wu was the last director to join the board, commencing their role in 2020.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.24 in 3Q 2021). Revenue: CN¥621.0m (up 26% from 3Q 2021). Net income: CN¥70.9m (down 22% from 3Q 2021). Profit margin: 11% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.15 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥748.2m (up 120% from 2Q 2021). Net income: CN¥142.5m (up 152% from 2Q 2021). Profit margin: 19% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 16% compared to a 41% growth forecast for the Chemicals industry in China.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.15 in 1Q 2021). Revenue: CN¥618.6m (up 82% from 1Q 2021). Net income: CN¥103.9m (up 84% from 1Q 2021). Profit margin: 17% (in line with 1Q 2021). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Over the next year, revenue is expected to shrink by 8.2% compared to a 43% growth forecast for the industry in China.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥20.70, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 32x in the Chemicals industry in China.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥22.28, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 34x in the Chemicals industry in China.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.45, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 33x in the Chemicals industry in China.決済の安定と成長配当データの取得安定した配当: 603213は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 603213は4年間のみ配当金を支払っており、それ以降は支払額が減少しています。配当利回り対市場Zhejiang Oceanking Development 配当利回り対市場603213 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (603213)1.8%市場下位25% (CN)0.4%市場トップ25% (CN)2.3%業界平均 (Chemicals)1.1%アナリスト予想 (603213) (最長3年)n/a注目すべき配当: 603213の配当金 ( 1.84% ) はCN市場の配当金支払者の下位 25% ( 0.38% ) よりも高くなっています。高配当: 603213の配当金 ( 1.84% ) はCN市場の配当金支払者の上位 25% ( 2.26% ) と比較すると低いです。株主への利益配当収益カバレッジ: 603213は高い 配当性向 ( 152.3% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: 603213は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/28 12:28終値2026/06/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Zhejiang Oceanking Development Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Wei LiuHaitong International Research Limited
Declared Dividend • May 20Dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.
Declared Dividend • May 23Dividend reduced to CN¥0.27Dividend of CN¥0.27 is 6.0% lower than last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Declared Dividend • May 20Dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.44 in FY 2024)Full year 2025 results: EPS: CN¥0.17 (down from CN¥0.44 in FY 2024). Revenue: CN¥2.63b (down 9.5% from FY 2024). Net income: CN¥75.6m (down 60% from FY 2024). Profit margin: 2.9% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Apr 16Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
お知らせ • Mar 30Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.092 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0 (down from CN¥0.092 in 3Q 2024). Revenue: CN¥636.8m (down 27% from 3Q 2024). Net income: CN¥49.2k (down 100% from 3Q 2024). Profit margin: 0% (down from 4.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Board Change • Sep 03Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jianyi Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 9x cash flows per share). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin).
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥15.20, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 40x in the Chemicals industry in China. Total returns to shareholders of 11% over the past three years.
お知らせ • Jun 30Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Declared Dividend • May 23Dividend reduced to CN¥0.27Dividend of CN¥0.27 is 6.0% lower than last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
New Risk • Apr 21New major risk - Revenue and earnings growthEarnings have declined by 1.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.6% net profit margin).
New Risk • Apr 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 18Full year 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.57 in FY 2023)Full year 2024 results: EPS: CN¥0.44 (down from CN¥0.57 in FY 2023). Revenue: CN¥2.90b (up 37% from FY 2023). Net income: CN¥191.1m (down 23% from FY 2023). Profit margin: 6.6% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 18Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.45, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 41% over the past three years.
お知らせ • Mar 28Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Dec 27Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.95, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 36x in the Chemicals industry in China. Total loss to shareholders of 60% over the past three years.
分析記事 • Dec 03Zhejiang Oceanking Development (SHSE:603213) May Have Issues Allocating Its CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥10.85, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 36x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.
分析記事 • Nov 07We Think That There Are Some Issues For Zhejiang Oceanking Development (SHSE:603213) Beyond Its Promising EarningsZhejiang Oceanking Development Co., Ltd.'s ( SHSE:603213 ) healthy profit numbers didn't contain any surprises for...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.092 (vs CN¥0.16 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.092 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥869.1m (up 61% from 3Q 2023). Net income: CN¥42.5m (down 36% from 3Q 2023). Profit margin: 4.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Sep 30Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥8.88, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 16% over the past year.
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2023). Revenue: CN¥749.8m (up 49% from 2Q 2023). Net income: CN¥61.7m (up 111% from 2Q 2023). Profit margin: 8.2% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue.
お知らせ • Jun 29Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024
分析記事 • Jun 06Be Wary Of Zhejiang Oceanking Development (SHSE:603213) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2023). Revenue: CN¥393.3m (down 20% from 1Q 2023). Net income: CN¥45.2m (down 23% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023).
分析記事 • Apr 21We Think That There Are More Issues For Zhejiang Oceanking Development (SHSE:603213) Than Just Sluggish EarningsZhejiang Oceanking Development Co., Ltd.'s ( SHSE:603213 ) stock wasn't much affected by its recent lackluster earnings...
お知らせ • Apr 12Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
Reported Earnings • Apr 12Full year 2023 earnings released: EPS: CN¥0.57 (vs CN¥0.87 in FY 2022)Full year 2023 results: EPS: CN¥0.57 (down from CN¥0.87 in FY 2022). Revenue: CN¥2.11b (down 18% from FY 2022). Net income: CN¥248.8m (down 34% from FY 2022). Profit margin: 12% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue.
お知らせ • Mar 29Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
Buy Or Sell Opportunity • Feb 22Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to CN¥8.48. The fair value is estimated to be CN¥6.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥8.18, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 46% over the past year.
New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin).
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.79, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 11% over the past year.
お知らせ • Dec 29Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.16. Revenue: CN¥541.1m (down 13% from 3Q 2022). Net income: CN¥66.7m (down 5.9% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022).
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.33 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.33 in 2Q 2022). Revenue: CN¥502.1m (down 33% from 2Q 2022). Net income: CN¥29.3m (down 80% from 2Q 2022). Profit margin: 5.8% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥0.87 (vs CN¥1.32 in FY 2021)Full year 2022 results: EPS: CN¥0.87 (down from CN¥1.32 in FY 2021). Revenue: CN¥2.56b (up 25% from FY 2021). Net income: CN¥379.4m (down 24% from FY 2021). Profit margin: 15% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥16.18, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 19% over the past year.
Board Change • Nov 16High number of new directorsIndependent Director Jianyi Wu was the last director to join the board, commencing their role in 2020.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.24 in 3Q 2021). Revenue: CN¥621.0m (up 26% from 3Q 2021). Net income: CN¥70.9m (down 22% from 3Q 2021). Profit margin: 11% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.15 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥748.2m (up 120% from 2Q 2021). Net income: CN¥142.5m (up 152% from 2Q 2021). Profit margin: 19% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 16% compared to a 41% growth forecast for the Chemicals industry in China.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.15 in 1Q 2021). Revenue: CN¥618.6m (up 82% from 1Q 2021). Net income: CN¥103.9m (up 84% from 1Q 2021). Profit margin: 17% (in line with 1Q 2021). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Over the next year, revenue is expected to shrink by 8.2% compared to a 43% growth forecast for the industry in China.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥20.70, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 32x in the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥22.28, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 34x in the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.45, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 33x in the Chemicals industry in China.