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Top Chinese (SSE) Dividend Stocks
UPDATED Dec 08, 2023
What are the best Chinese (SSE) Dividend Stocks?
According to our Simply Wall St analysis these are the best Chinese dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
Our criteria to find Top Dividend Companies
High Yield
- Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
- Yields vary between markets, so we focus on the top dividend payers in each market.
What do we look for?
- Is the yield in the top 25% of the market's dividend payers.
Consistent Dividends
- Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
- If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.
What do we look for?
- Has the dividend been stable over the last 10 years.
- Has the dividend grown over the last 10 years.
Dividend Cover
- Ideally the company doesn't pay out all of its earnings, neglecting future growth.
- If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.
What do we look for?
- Are dividends covered by earnings.
- Are dividends forecast to be covered by earnings in the future.
Healthy Balance Sheet
- Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
108 companies meet this criteria in the Chinese market
Jiangsu Nhwa Pharmaceutical Co., LTD engages in research and development, production, marketing, and services related to central nervous system drugs in China and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 002262's dividend (0.75%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Rewards
Price-To-Earnings ratio (25.7x) is below the CN market (34.8x)
Earnings are forecast to grow 20.55% per year
Earnings grew by 20.5% over the past year
Risks
Volatile share price over the past 3 months
Yunnan Tin Company Limited engages in the tin production and processing activities in China.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 000960's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Rewards
Trading at 69.1% below our estimate of its fair value
Earnings are forecast to grow 31.11% per year
Risks
Interest payments are not well covered by earnings
Profit margins (2.5%) are lower than last year (4.5%)
Large one-off items impacting financial results
Xiamen Faratronic Co., Ltd. manufactures and sells film capacitors and metallized coating materials in China and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 600563's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Rewards
Price-To-Earnings ratio (19.7x) is below the CN market (34.8x)
Earnings are forecast to grow 23.79% per year
Earnings grew by 6.1% over the past year
Risks
No risks detected for 600563 from our risks checks.
Beijing Sifang Automation Co.,Ltd supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 601126's dividend (4.62%) is in the top 25% of dividend payers in the CN market (2.09%)
Notable Dividend
Stable Dividend
Rewards
Trading at 44.9% below our estimate of its fair value
Earnings are forecast to grow 20.1% per year
Earnings grew by 23.8% over the past year
Risks
No risks detected for 601126 from our risks checks.
Hengdian Group DMEGC Magnetics Co., Ltd manufactures and sells hard ferrite magnets and ferrite cores in China, the European Union, the United States, Japan, South America, Southeast Asia, and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 002056's dividend (2.75%) is in the top 25% of dividend payers in the CN market (2.09%)
Notable Dividend
Stable Dividend
Rewards
Trading at 88.9% below our estimate of its fair value
Earnings are forecast to grow 19.39% per year
Earnings grew by 46.3% over the past year
Risks
No risks detected for 2056 from our risks checks.
Zhejiang Giuseppe Garment Co., Ltd designs, develops, produces, and sales of professional wear and school uniform products under the George White and Giuseppe brands in China.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 002687's dividend (2.82%) is in the top 25% of dividend payers in the CN market (2.09%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 67.6% below our estimate of its fair value
Earnings are forecast to grow 30.55% per year
Earnings grew by 2.3% over the past year
Risks
No risks detected for 2687 from our risks checks.
Satellite Chemical Co.,Ltd. produces and sells acrylic acid and ester, polymer emulsions, and functional polymer materials in China.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 002648's dividend (2.58%) is in the top 25% of dividend payers in the CN market (2.09%)
Notable Dividend
Stable Dividend
Rewards
Trading at 60.2% below our estimate of its fair value
Earnings are forecast to grow 31.6% per year
Risks
Profit margins (8.5%) are lower than last year (13.2%)
Newland Digital Technology Co.,Ltd. provides bar code, financial POS terminal equipment, mobile and other communications, and IoT services in China and internationally.
Dividend Criteria
Growing Dividend
Future Dividend Coverage
High Dividend: 000997's dividend (2.96%) is in the top 25% of dividend payers in the CN market (2.09%)
Notable Dividend
Earnings Coverage
Stable Dividend
Rewards
Trading at 75.6% below our estimate of its fair value
Earnings are forecast to grow 64.54% per year
Risks
Profit margins (0.8%) are lower than last year (7.4%)
Large one-off items impacting financial results