1. China Mobile
As of February 19, China Mobile's PE (TTM) was 1679 times, Pb is 174 times with a dividend yield (TTM) of 405%。China Mobile's dividend yield before the big rise in 2022 is far more than 6%, and the dividend yield is only about 4% after the big rise in China Special Valuation**. After all, the price-earnings ratio of China Mobile was only 12 times when it was listed, and now it is only 17 times.
Details of China Mobile's dividends after listing.
2. PetroChina
As of Feb. 19, PetroChina's PE (TTM) was 983 times, Pb is 112 times with a dividend yield (TTM) of 497%。PetroChina's dividends are also very generous, but if oil prices fluctuate sharply, the company's performance will fluctuate significantly, such as 2015-2020, and PetroChina's profits in these six years are not satisfactory.
PetroChina is not as stable as mobile telecommunications, but oil prices will be very good when they are pro-cyclical.
Details of PetroChina's post-listing dividends.
3. CNOOC
As of Feb. 19, CNOOC PE (TTM) was 897 times, Pb is 182 times with a dividend yield (TTM) of 495%。CNOOC IPO**108 yuan, now up to 2461 yuan, a record high. It is precisely because of the sharp rise in the stock price that the dividend yield has dropped to 4%-5%, and when it was first listed, it was much more than 6% like mobile.
Details of CNOOC's post-IPO dividends.
Fourth, Sinopec
As of Feb. 19, Sinopec PE (TTM) was 1208 times, pb is 094 times with a dividend yield (TTM) of 541%。Petrochemical's non-oil exploration business accounts for the largest proportion of the three barrels of oil, and in general, CNOOC PetroChina Sinopec.
Sinopec's dividend breakdown after listing.
Note: The three barrels of oil are all A+H shares, and they generally pay dividends twice a year.
5. China Shenhua
The king of coal in the world, this company is a household name. As of Feb. 19, the company's PE (TTM) was 1346 times, pb is 199 times with a dividend yield (TTM) of 641%。
6. Shaanxi Coal Industry
It is one of the four giants in the coal industry, and its market capitalization ranks second in the industry. As of Feb. 19, the company's PE (TTM) was 1112 times, pb is 285 times with a dividend yield (TTM) of 859%。
7. Midea Group
As of Feb. 19, Midea's PE (TTM) was 1286 times, pb is 281 times with a dividend yield (TTM) of 413%。Baidian is a real estate industry chain company, and its stock price performance in 2021 and 2022 is not good, and it is precisely because of its poor performance since 2021 that the dividend yield is very impressive.
Details of Midea Group's dividends after listing.
8. Gree Electric Appliances
As of Feb. 19, Gree PE (TTM) was 792 times, Pb is 185 times, dividend yield (TTM) over 5%. Gree is similar to Midea, because of its poor performance since 2021, the dividend yield is very impressive. Glimei's performance is solid, and the dividend yield has naturally increased after the valuation has fallen.
Note that there are 10 non-financial companies with a market capitalization of more than 1,500 and a dividend yield of more than 4% (in addition to the above 8, there are Yankuang and Haikong), but among them, only Gree and Midea are non-G companies, which are in a fully competitive industry and are very competitive in the world (especially Midea and Haier).
Gree's dividend details after listing.