The 1238 shares attempted to rise on tuesday morning but the traders gave up when concerns for rising inflation figures hit the US market . The shares are still on low PE ratio of 4.7 and so the big rise in share price is just delayed in coming.
The 2021 Interim results reported net profit to parent company was RMB 3.91 Billion , an increase of 76%.
The interim dividend was raise from 12 cts ( last year ) to 18 cts. an increase of 50%.
The 2020/12 EPS was $1.75 .
The 2021 Int EPS is $1.13 so we can expect 2021 Final EPS at over $2.
So the forward P/E ratio is very low = $5.88 ( closing share price on 10 Sept) / $2 = 3 approx.
This stock will pay 18 cts interim div and I am looking for 35 cts final div = $0.53 div ( total for 2021)