China Conch Venture Dividend yield




   HKD/share 
 Price  36.05
 Dividend  0.70
 Earnings  4.74
 Cash-flow  1.12
 Book value  25.75
 Equity  22.25

China Conch Venture is part of Alternative Energy business, which is part of Oil and Gas industry. China Conch Venture is a company from China, and his stocks are publicly traded.

China Conch Venture paid a total dividend of 1,279 million HKD last year, for a market value of 65,863 millions (Market Cap 59,269 millions). Dividend per share of China Conch Venture is 0.70 HKD, and his stock market price 36.05 HKD.

According to the chart below, where dividend yield is displayed, China Conch Venture has a dividend yield of 1.94%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare China Conch Venture dividend yield with other Alternative Energy companies or firms from China.

Dividend yield of China Conch Venture

China Conch Venture Dividend Payout

About the ability of China Conch Venture to maintain his current dividend of HKD 0.70 per share, an amount that accounts for 1.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Conch Venture payout on ernings is currently 14.77%, which is lower than the market average and companies of Oil and Gas industry, which are 39.27% and 28.97% respectively. Both figures lead us to believe that there is confidence that China Conch Venturecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Conch Venture is HKD 1.12 per share, which is higher than the dividend per share paid by the company of HKD 0.70, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Conch Venture, compared againt world market average, China companies, Oil and Gas industry and Alternative Energy sector companies.

China Conch Venture payout

China Conch Venture Dividend History

Year Yield  HKD  Paypout  Shares* 
Present1.94%0.7014.77%1,827
20201.72%0.6514.64%1,805
20191.62%0.5514.07%1,805
20182.15%0.5022.94%1,805
20171.66%0.3023.44%1,805
20162.10%0.3022.73%1,805
20152.46%0.4025.64%1,805

*In millions

China Conch Venture Stock performance

Finally, last moth China Conch Venture showed a return of 13.40% compared to a worldwide -1.34% average, and a 8.01% of Oil and Gas firms. Over the last year, the company obtained a 0.40% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for China and Alternative Energy firms.

China Conch Venture stock and market return