Despite high profit retention, the company's low return rate may be hindering earnings growth. Its growth is underwhelming compared to industry average. Management's decision to pay dividends for three years indicates a preference for dividends over earnings growth.
Company's steady, moderate ROCE may not seem thrilling short-term, however it could lead to substantial share price returns over an extended period. Stock market seems to anticipate this trend to persist in line with the strong surge in the stock in the past year.
Guangdong ShunKong Development opens at the limit-up on the first trading day after the Tomb Sweeping holidays, set for the 15-day streak, and break the record in the mainland stock market. $Guangdong Shunkong Development (003039.SZ)$
Guangdong Shunkong Development Stock Forum
$Guangdong Shunkong Development (003039.SZ)$
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