There is an stock after A shares was listed, and dividend for 15 consecutive years, with the total dividend amount reaching 115.2 billion yuan.
Its net assets per share are as high as 11.50 yuan, but its stock price is only about 3.50 yuan after a continuous decline.
The stock price of the secondary market is much lower than its net assets per share, and the stock price is only about 30% of its net assets.
Even under this situation, after its stock price hit a historic low, the medium- and long-term trend moving average still showed a relatively standard short arrangement .
Whether it is its long-term moving average and medium-term moving average, that is, 250 daily moving average and 120 moving averages, it still shows a standard downward channel.
In other words, the stock price shows a phased trend of bottoming out of , which is a corresponding technical requirement.
The total share capital of this stock is 43.78 billion and the total market value is 156.3 billion. circulating share capital is 35.46 billion, and circulating market capitalization is 126 billion.
has a phased dynamic price-to-earnings ratio of 4.55 times, and its price-to-book ratio is only 0.31 times. This is relatively rare in the Shanghai and Shenzhen A-share markets.
From its limit-up gene, its stock nature is not very active. In the past year, due to the continuous decline in its stock price, continuous negative decline, and a sharp decline, there was no daily limit.
, but its financing balance is as high as 5.582 billion. The balance of margin trading is 204 million. Shanghai Stock Connect 's shareholding ratio is 1.99%, and the net purchase amount reached 16.1471 million yuan.
What is the name of the stock this time?
The name of this stock is Minsheng Bank .
Minsheng Bank is a national joint-stock bank and a large commercial bank that was listed earlier.
It has relatively many concepts, including the concept of cross-border payment, margin financing and securities lending, the concept of Shanghai Stock Connect, etc.
It is also the first national joint-stock commercial bank to acquire stake in by non-public enterprise .
htmlFor more than 0 years, Minsheng Bank's operating performance has been relatively stable. However, he also experienced phased fluctuations, and the amplitude of the fluctuations was relatively small. Judging from other banking and financial institutions of the same category, his operating performance is relatively ordinary.Total operating revenue in 2020 increased by 2.5% year-on-year. Total operating income in 2021 decreased by 8.73%. In the first three quarters of 2022, the total operating revenue fell by 16.87%.
The profits of enterprises also showed a phased decline. Profits in 2020 fell by 36.25% year-on-year, and profits in 2021 increased by 0.21% year-on-year. In the first three quarters of 2022, corporate profits fell by 4.82% year-on-year.
From the perspective of return on equity , the return on equity has also shown a phased decline. In 2019, the return on equity fell by 4.17% year-on-year, and in 2020, the return on equity fell by 45.08% year-on-year.
2021 Return on equity fell by 3.23% year-on-year. It shows a continuous decline.
, but its earnings per share remained relatively stable. Earnings per share from 2020 to 2021 were 0.71 yuan.
In the first three quarters of 2022, earnings per share was 0.68 yuan, a year-on-year decrease of 9.33%.
From the structure of Minsheng Bank's main business income, its operating income for corporate business reached 37.37 billion yuan, gross profit margin reached 47.45%, retail business revenue reached 33.46 billion yuan, gross profit margin reached 41.15%, and other businesses reached 3.369 billion yuan.
The method he adopts is a development model that advances both corporate and retail businesses.
The operating income of its headquarters is 21.40 billion yuan. The operating income of in the Yangtze River Delta in Shanghai was 13.06 billion yuan, the operating income of Bohai Rim was 10.38 billion yuan, and the operating income of the western region was 8.361 billion yuan.
From these regional retail, it can be seen accordingly that it is a national joint-stock bank relative to the standard.
As a banking financial institution, Minsheng Bank has continued to decline in operating profits and has continued to decline in continuous performance, and has even shown a significant decline in some years.
However, his company's ability to pay dividends is still relatively strong. After the A-share listing, the cumulative dividend payment amount reached 115.16 billion yuan. Among them, the A-share dividend reached 93.8 billion yuan.
2019 dividend payment is 3.70 yuan. The dividend payments in 2020 and 2021 are 2.13 yuan.
However, its top ten circulating shareholders have accumulated 26.5 billion shares, accounting for 60.5% of the circulating shares, and it is still a key product with relatively high concentration.
Overall, Minsheng Bank, as a national joint-stock bank, has shown a phased decline in its operating performance, corporate profits, earnings per share, etc.
However, the enterprise's fundamentals still maintains relatively good operation and maintains sustained and stable stability. The decline in the operating performance of the enterprise has been fully reflected in its stock price, which has hit a historic low.
It has experienced a continuous decline for seven consecutive years, with a continuous decline of 65.3%. The extent of the decline in stock prices should be said to have sufficient or excessively reflected the trend of a phased decline in the company's operating performance.
, and its net assets per share are as high as 11.50 yuan, but the stock price hovers around 3.55 yuan. The dividend yield of stocks has reached more than 6.5%.
As his stock falls phased, its dividend yield will also increase accordingly. Moreover, its ability to continue to pay dividends has not been greatly weakened due to the temporary decline in operating performance, but has maintained a moderately stable state.
What do you think about this situation?