View Financial HealthCopperbelt Energy 배당 및 자사주 매입배당 기준 점검 4/6Copperbelt Energy 수익으로 충분히 충당되는 현재 수익률 4.32% 보유한 배당금 지급 회사입니다.핵심 정보4.3%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률10.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향50%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Oct 25Upcoming dividend of K0.66 per share at 8.8% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Within top quartile of Zambian dividend payers (7.7%). Higher than average of industry peers (5.5%).Upcoming Dividend • Oct 18Upcoming dividend of K0.50 per shareEligible shareholders must have bought the stock before 25 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 35% and the cash payout ratio is 82%. Trailing yield: 9.2%. Lower than top quartile of Zambian dividend payers (11%). Higher than average of industry peers (4.3%).Upcoming Dividend • Oct 20Upcoming dividend of K0.37 per shareEligible shareholders must have bought the stock before 27 October 2021. Payment date: 01 November 2021. Trailing yield: 19%. Within top quartile of Zambian dividend payers (9.4%). Higher than average of industry peers (3.7%).모든 업데이트 보기Recent updatesBoard Change • May 21Less 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. 8 non-independent directors. Independent Non-Executive Director John Chiwele was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Mar 05Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 27, 2026Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 27, 2026, at 08:30 South Africa Standard Time. Location: and physically at cec ravens country club, Zambia공고 • Jan 02Copperbelt Energy Corporation Plc to Report Fiscal Year 2025 Results on Mar 06, 2026Copperbelt Energy Corporation Plc announced that they will report fiscal year 2025 results on Mar 06, 2026공고 • Mar 07Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2025Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2025, at 11:30 South Africa Standard Time. Location: the cec ravens country club corner of, corner of twenty fourth avenue, central street,nkana, east kitwe, ZambiaValuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to K13.49, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 45x in the Electric Utilities industry in Africa. Total returns to shareholders of 1,374% over the past three years.Reported Earnings • Aug 28First half 2024 earnings released: EPS: US$0.027 (vs US$0.07 in 1H 2023)First half 2024 results: EPS: US$0.027 (down from US$0.07 in 1H 2023). Revenue: US$227.8m (up 22% from 1H 2023). Net income: US$43.2m (down 62% from 1H 2023). Profit margin: 19% (down from 61% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Zambian stocks, typically moving 5.5% 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 (31% accrual ratio). Minor Risks Dividend is not well covered by cash flows (156% cash payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change).Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to K10.00, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 65x in the Electric Utilities industry in Africa. Total returns to shareholders of 1,124% over the past three years.Reported Earnings • Mar 09Full year 2023 earnings released: EPS: US$0.085 (vs US$0.031 in FY 2022)Full year 2023 results: EPS: US$0.085 (up from US$0.031 in FY 2022). Revenue: US$382.3m (up 2.1% from FY 2022). Net income: US$137.6m (up 171% from FY 2022). Profit margin: 36% (up from 14% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 09Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2024Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2024, at 08:00 Coordinated Universal Time.New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Zambian stocks, typically moving 2.3% 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 (34% accrual ratio). Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Share price has been volatile over the past 3 months (2.3% average weekly change).공고 • Jan 02Copperbelt Energy Corporation Plc to Report First Half, 2024 Results on Aug 26, 2024Copperbelt Energy Corporation Plc announced that they will report first half, 2024 results on Aug 26, 2024Upcoming Dividend • Oct 25Upcoming dividend of K0.66 per share at 8.8% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Within top quartile of Zambian dividend payers (7.7%). Higher than average of industry peers (5.5%).Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to K6.20, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 12x in the Electric Utilities industry globally. Total returns to shareholders of 1,879% over the past three years.Reported Earnings • Aug 30First half 2023 earnings released: EPS: US$0.07 (vs US$0.019 in 1H 2022)First half 2023 results: EPS: US$0.07 (up from US$0.019 in 1H 2022). Revenue: US$186.6m (up 2.3% from 1H 2022). Net income: US$113.0m (up 274% from 1H 2022). Profit margin: 61% (up from 17% in 1H 2022). The increase in margin was primarily driven by lower expenses.New Risk • Aug 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 155% High level of non-cash earnings (32% accrual ratio).Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 33%After last week's 33% share price gain to K5.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 10x in the Electric Utilities industry in Africa. Total returns to shareholders of 863% over the past three years.공고 • Jan 04Copperbelt Energy Corporation Plc to Report First Half, 2023 Results on Aug 26, 2023Copperbelt Energy Corporation Plc announced that they will report first half, 2023 results on Aug 26, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 10 non-independent directors. Independent Non-Executive Chairman of the Board London Mwafulilwa was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 18Upcoming dividend of K0.50 per shareEligible shareholders must have bought the stock before 25 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 35% and the cash payout ratio is 82%. Trailing yield: 9.2%. Lower than top quartile of Zambian dividend payers (11%). Higher than average of industry peers (4.3%).공고 • Aug 12+ 1 more updateCopperbelt Energy Corporation Plc to Report Fiscal Year 2022 Final Results on Mar 25, 2023Copperbelt Energy Corporation Plc announced that they will report fiscal year 2022 final results on Mar 25, 2023Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 10 non-independent directors. Independent Non-Executive Chairman of the Board London Mwafulilwa was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 07Copperbelt Energy Corporation Plc, Annual General Meeting, Apr 27, 2022Copperbelt Energy Corporation Plc, Annual General Meeting, Apr 27, 2022, at 08:00 Coordinated Universal Time. Agenda: To consider and adopt the minutes of the Twenty-Third Annual General Meeting held on 30th April 2021; to receive and adopt the Directors’ Report and the Financial Statements for the year ended 31st December 2021 together with the Report thereon of the auditors; to ratify the dividend payment made on 1st November 2021; to consider and adopt the recommendation for the appointment of the Auditors of the Company and to authorise the Directors to set their remuneration; and to consider other matters.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: US$0.032 (vs US$0.003 in FY 2020)Full year 2021 results: EPS: US$0.032 (up from US$0.003 in FY 2020). Revenue: US$342.5m (down 7.7% from FY 2020). Net income: US$25.8m (up 359% from FY 2020). Profit margin: 7.5% (up from 1.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to K3.31, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total returns to shareholders of 348% over the past three years.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to K2.65, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total returns to shareholders of 299% over the past three years.Upcoming Dividend • Oct 20Upcoming dividend of K0.37 per shareEligible shareholders must have bought the stock before 27 October 2021. Payment date: 01 November 2021. Trailing yield: 19%. Within top quartile of Zambian dividend payers (9.4%). Higher than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improved over the past weekAfter last week's 25% share price gain to K1.75, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 15x in the Electric Utilities industry globally. Total returns to shareholders of 146% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total loss to shareholders of 7.8% over the past three years.Is New 90 Day High Low • Feb 17New 90-day high: K1.25The company is up 79% from its price of K0.70 on 19 November 2020. The Zambian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 7.0% over the same period.공고 • Feb 17+ 2 more updatesCopperbelt Energy Corporation Plc to Report Fiscal Year 2020 Results on Sep 08, 2021Copperbelt Energy Corporation Plc announced that they will report fiscal year 2020 results on Sep 08, 2021Is New 90 Day High Low • Jan 29New 90-day high: K1.11The company is up 52% from its price of K0.73 on 30 October 2020. The Zambian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 11% over the same period.Is New 90 Day High Low • Dec 05New 90-day high: K0.93The company is up 24% from its price of K0.75 on 04 September 2020. The Zambian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 5.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: CECZ 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: CECZ 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Copperbelt Energy 배당 수익률 vs 시장CECZ의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (CECZ)4.3%시장 하위 25% (ZM)2.1%시장 상위 25% (ZM)5.5%업계 평균 (Electric Utilities)4.8%분석가 예측 (CECZ) (최대 3년)n/a주목할만한 배당금: CECZ 의 배당금( 4.32% )은 ZM 시장에서 배당금 지급자의 하위 25%( 2.12% )보다 높습니다.고배당: CECZ 의 배당금( 4.32% )은 ZM 시장에서 배당금 지급자의 상위 25%( 5.46% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 50% )을 통해 CECZ 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 1783.2% )이 높기 때문에 CECZ 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YZM 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/20 21:34종가2026/07/17 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Copperbelt Energy Corporation Plc는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Oct 25Upcoming dividend of K0.66 per share at 8.8% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Within top quartile of Zambian dividend payers (7.7%). Higher than average of industry peers (5.5%).
Upcoming Dividend • Oct 18Upcoming dividend of K0.50 per shareEligible shareholders must have bought the stock before 25 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 35% and the cash payout ratio is 82%. Trailing yield: 9.2%. Lower than top quartile of Zambian dividend payers (11%). Higher than average of industry peers (4.3%).
Upcoming Dividend • Oct 20Upcoming dividend of K0.37 per shareEligible shareholders must have bought the stock before 27 October 2021. Payment date: 01 November 2021. Trailing yield: 19%. Within top quartile of Zambian dividend payers (9.4%). Higher than average of industry peers (3.7%).
Board Change • May 21Less 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. 8 non-independent directors. Independent Non-Executive Director John Chiwele was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Mar 05Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 27, 2026Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 27, 2026, at 08:30 South Africa Standard Time. Location: and physically at cec ravens country club, Zambia
공고 • Jan 02Copperbelt Energy Corporation Plc to Report Fiscal Year 2025 Results on Mar 06, 2026Copperbelt Energy Corporation Plc announced that they will report fiscal year 2025 results on Mar 06, 2026
공고 • Mar 07Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2025Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2025, at 11:30 South Africa Standard Time. Location: the cec ravens country club corner of, corner of twenty fourth avenue, central street,nkana, east kitwe, Zambia
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to K13.49, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 45x in the Electric Utilities industry in Africa. Total returns to shareholders of 1,374% over the past three years.
Reported Earnings • Aug 28First half 2024 earnings released: EPS: US$0.027 (vs US$0.07 in 1H 2023)First half 2024 results: EPS: US$0.027 (down from US$0.07 in 1H 2023). Revenue: US$227.8m (up 22% from 1H 2023). Net income: US$43.2m (down 62% from 1H 2023). Profit margin: 19% (down from 61% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Zambian stocks, typically moving 5.5% 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 (31% accrual ratio). Minor Risks Dividend is not well covered by cash flows (156% cash payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change).
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to K10.00, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 65x in the Electric Utilities industry in Africa. Total returns to shareholders of 1,124% over the past three years.
Reported Earnings • Mar 09Full year 2023 earnings released: EPS: US$0.085 (vs US$0.031 in FY 2022)Full year 2023 results: EPS: US$0.085 (up from US$0.031 in FY 2022). Revenue: US$382.3m (up 2.1% from FY 2022). Net income: US$137.6m (up 171% from FY 2022). Profit margin: 36% (up from 14% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 09Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2024Copperbelt Energy Corporation Plc, Annual General Meeting, Mar 28, 2024, at 08:00 Coordinated Universal Time.
New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Zambian stocks, typically moving 2.3% 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 (34% accrual ratio). Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Share price has been volatile over the past 3 months (2.3% average weekly change).
공고 • Jan 02Copperbelt Energy Corporation Plc to Report First Half, 2024 Results on Aug 26, 2024Copperbelt Energy Corporation Plc announced that they will report first half, 2024 results on Aug 26, 2024
Upcoming Dividend • Oct 25Upcoming dividend of K0.66 per share at 8.8% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Within top quartile of Zambian dividend payers (7.7%). Higher than average of industry peers (5.5%).
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to K6.20, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 12x in the Electric Utilities industry globally. Total returns to shareholders of 1,879% over the past three years.
Reported Earnings • Aug 30First half 2023 earnings released: EPS: US$0.07 (vs US$0.019 in 1H 2022)First half 2023 results: EPS: US$0.07 (up from US$0.019 in 1H 2022). Revenue: US$186.6m (up 2.3% from 1H 2022). Net income: US$113.0m (up 274% from 1H 2022). Profit margin: 61% (up from 17% in 1H 2022). The increase in margin was primarily driven by lower expenses.
New Risk • Aug 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 155% High level of non-cash earnings (32% accrual ratio).
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 33%After last week's 33% share price gain to K5.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 10x in the Electric Utilities industry in Africa. Total returns to shareholders of 863% over the past three years.
공고 • Jan 04Copperbelt Energy Corporation Plc to Report First Half, 2023 Results on Aug 26, 2023Copperbelt Energy Corporation Plc announced that they will report first half, 2023 results on Aug 26, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 10 non-independent directors. Independent Non-Executive Chairman of the Board London Mwafulilwa was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 18Upcoming dividend of K0.50 per shareEligible shareholders must have bought the stock before 25 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 35% and the cash payout ratio is 82%. Trailing yield: 9.2%. Lower than top quartile of Zambian dividend payers (11%). Higher than average of industry peers (4.3%).
공고 • Aug 12+ 1 more updateCopperbelt Energy Corporation Plc to Report Fiscal Year 2022 Final Results on Mar 25, 2023Copperbelt Energy Corporation Plc announced that they will report fiscal year 2022 final results on Mar 25, 2023
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 10 non-independent directors. Independent Non-Executive Chairman of the Board London Mwafulilwa was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 07Copperbelt Energy Corporation Plc, Annual General Meeting, Apr 27, 2022Copperbelt Energy Corporation Plc, Annual General Meeting, Apr 27, 2022, at 08:00 Coordinated Universal Time. Agenda: To consider and adopt the minutes of the Twenty-Third Annual General Meeting held on 30th April 2021; to receive and adopt the Directors’ Report and the Financial Statements for the year ended 31st December 2021 together with the Report thereon of the auditors; to ratify the dividend payment made on 1st November 2021; to consider and adopt the recommendation for the appointment of the Auditors of the Company and to authorise the Directors to set their remuneration; and to consider other matters.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: US$0.032 (vs US$0.003 in FY 2020)Full year 2021 results: EPS: US$0.032 (up from US$0.003 in FY 2020). Revenue: US$342.5m (down 7.7% from FY 2020). Net income: US$25.8m (up 359% from FY 2020). Profit margin: 7.5% (up from 1.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to K3.31, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total returns to shareholders of 348% over the past three years.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to K2.65, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total returns to shareholders of 299% over the past three years.
Upcoming Dividend • Oct 20Upcoming dividend of K0.37 per shareEligible shareholders must have bought the stock before 27 October 2021. Payment date: 01 November 2021. Trailing yield: 19%. Within top quartile of Zambian dividend payers (9.4%). Higher than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improved over the past weekAfter last week's 25% share price gain to K1.75, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 15x in the Electric Utilities industry globally. Total returns to shareholders of 146% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 14x in the Electric Utilities industry globally. Total loss to shareholders of 7.8% over the past three years.
Is New 90 Day High Low • Feb 17New 90-day high: K1.25The company is up 79% from its price of K0.70 on 19 November 2020. The Zambian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 7.0% over the same period.
공고 • Feb 17+ 2 more updatesCopperbelt Energy Corporation Plc to Report Fiscal Year 2020 Results on Sep 08, 2021Copperbelt Energy Corporation Plc announced that they will report fiscal year 2020 results on Sep 08, 2021
Is New 90 Day High Low • Jan 29New 90-day high: K1.11The company is up 52% from its price of K0.73 on 30 October 2020. The Zambian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 11% over the same period.
Is New 90 Day High Low • Dec 05New 90-day high: K0.93The company is up 24% from its price of K0.75 on 04 September 2020. The Zambian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 5.0% over the same period.