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China Tianying Inc. (000035.SZ): Annual equity distribution in 2023 of 10 dividends of 0.21 yuan, ex-dividend and ex-rights date of July 19.
China Tianying Inc. (000035.SZ) announced that the company's 2023 annual equity distribution plan is to distribute 0.21 yuan RMB cash to all shareholders for every 10 shares based on the total share capital of 2,388,032,769.00 shares excluding 135,744,528.00 shares repurchased by the company. The equity distribution registration day is on July 18, 2024 and the equity distribution ex-rights and ex-dividend day is on July 19, 2024.
China Tianying Inc.: 2024 Interim Performance Forecast
China Tianying Inc. (000035.SZ): Net income in the first half of the year is expected to increase by 114.02% to 140.17%.
China Tianying Inc. (000035.SZ) announced its performance forecast for the first half of 2024, with a net profit attributable to shareholders of the listed company of 0.352 billion yuan to 0.395 billion yuan, an increase of 114.02% to 140.17% compared to the same period last year. After deducting non-recurring gains and losses, the net profit was 0.334 billion yuan to 0.377 billion yuan, an increase of 141.51% to 172.60% compared to the same period last year. The basic earnings per share were 0.1474 yuan/share to 0.1654 yuan/share. The increase in net income in the first half of 2024 compared to the same period last year was mainly due to domestic factors.
Can Mixed Financials Have A Negative Impact on China Tianying Inc.'s 'S (SZSE:000035) Current Price Momentum?
China Tianying's (SZSE:000035) stock is up by 7.8% over the past three months. However, the company's financials look a bit inconsistent and market outcomes are ultimately driven by long-term fundam
China Tianying Inc. (000035.SZ): Dongfeng Guanneng Wind Power plans to develop and invest in a 32.89 MW wind power project with a total investment of about 2.53 billion yuan in the western region of Dongfeng County.
China Tianying Inc. (000035.SZ) announced on June 19 that, in order to actively implement the "Investment Cooperation Framework Agreement" signed between the company and the people's government of Liaoyuan City, make full use of Liaoyuan City's wind resources, and give play to the company's advantages in comprehensive development and construction of new energy, its wholly-owned subsidiary Dongfengguanneng Wind Power Co., Ltd. (referred to as "Dongfengguanneng Wind Power") intends to sign the "Investment Cooperation Agreement of West Grid-connected Wind Power Project in Dongfeng County" with the people's government of Dongfeng County in Liaoyuan City, planning to develop and invest in a 328,900-kilowatt wind power project in the western region of Dongfeng County. The total investment is approximately RMB 2.53 billion.
China Tianying Inc.'s (SZSE:000035) Subdued P/E Might Signal An Opportunity
China Tianying Inc.'s (SZSE:000035) price-to-earnings (or "P/E") ratio of 23.9x might make it look like a buy right now compared to the market in China, where around half of the companies have P/E rat
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