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Top Chinese (SSE) Consumer Durables Dividend Stocks
UPDATED Jul 05, 2022
What are the best Chinese (SSE) Consumer Durables Dividend Stocks?
According to our Simply Wall St analysis these are the best Chinese Consumer Durables 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.
8 companies meet this criteria in the Chinese market
Dividend Criteria
Earnings Coverage
Future Dividend Coverage
High Dividend: 301177's dividend (2.92%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 22.8% below our estimate of its fair value
Earnings are forecast to grow 24.49% per year
Earnings grew by 67.5% over the past year
Risks
Volatile share price over the past 3 months
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 002003's dividend (3.73%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 46.1% below our estimate of its fair value
Earnings are forecast to grow 22.98% per year
Earnings grew by 10.4% over the past year
Risks
Shareholders have been diluted in the past year
Jinhua Chunguang Technology Co.,Ltd engages in the research and development, and manufacturing of hose assemblies for cleaning appliances.
Dividend Criteria
Earnings Coverage
High Dividend: 603657's dividend (2.09%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Future Dividend Coverage
Growing Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (21.1x) is below the CN market (33.9x)
Earnings are forecast to grow 32.09% per year
Risks
Shareholders have been diluted in the past year
Profit margins (7%) are lower than last year (16%)
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 002254's dividend (3.02%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Stable Dividend
Rewards
Trading at 71.7% below our estimate of its fair value
Earnings are forecast to grow 20.34% per year
Earnings grew by 142.5% over the past year
Risks
High level of non-cash earnings
Shanghai Yaoji Technology Co., Ltd. produces and markets playing cards in China and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 002605's dividend (1.93%) is low compared to the top 25% of dividend payers in the CN market (1.93%).
Stable Dividend
Rewards
Trading at 63.6% below our estimate of its fair value
Earnings are forecast to grow 20.89% per year
Risks
Profit margins (12.2%) are lower than last year (20.9%)
Anhui Anli Material Technology Co., Ltd. engages in the research and development, production, and sale of polyurethane synthetic leather and polyurethane resins in China.
Dividend Criteria
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 300218's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (1.93%).
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 70.7% below our estimate of its fair value
Earnings are forecast to grow 7.78% per year
Earnings grew by 217.8% over the past year
Risks
Large one-off items impacting financial results
Volatile share price over the past 3 months
Zhejiang Aokang Shoes Co., Ltd. manufactures, sells, and retails shoes, clothes, leather goods, bags, and other products in China.
Dividend Criteria
Growing Dividend
High Dividend: 603001's dividend (6.66%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Future Dividend Coverage
Earnings Coverage
Stable Dividend
Rewards
Trading at 7.1% below our estimate of its fair value
Earnings are forecast to grow 106.85% per year
Risks
No risks detected for 603001 from our risks checks.
Shenzhen Ellassay Fashion Co., Ltd. designs, produces, and sells branded womenâs clothing in China.
Dividend Criteria
Earnings Coverage
High Dividend: 603808's dividend (2.58%) is in the top 25% of dividend payers in the CN market (1.93%)
Notable Dividend
Future Dividend Coverage
Growing Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (14x) is below the CN market (33.9x)
Earnings are forecast to grow 26.98% per year
Risks
Shareholders have been diluted in the past year
Large one-off items impacting financial results