Pingtan Marine Enterprise is a marine enterprise group engaging in ocean fishing through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd. Co. carries out marine fishing operations in the international waters and the approved waters in access fishing countries with various of its owned vessels or licensed vessels. Co.'s fishing fleet consists of vessels of fishing methods ranging from trawling, drift netting, light luring seine, long line fishing to squid jigging. Co. catches several species of fish, including squid, ribbon fish, croaker fish and cuttle fish. Co. arranges chartered transportation ships to deliver frozen stocks to cold storage warehouses. The PME stock yearly return is shown above.
The yearly return on the PME stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PME annual return calculation with any dividends reinvested as applicable (on ex-dates).
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