Rate Of Return$SINOPEC KANTONS(00934.HK) The profitability of its subsidiary's oil storage terminal assets continues to decline. Rizhao has the best ROA among the terminals, but due to sanctions for accepting Iranian oil, it had to make a clear cut. Fortunately, there is plenty of cash on hand, and the company has committed to dividends of no less than 0.25 yuan per share; the current valuation is not expensive.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
