Ningbo Shenglong Automotive Powertrain System Co.,Ltd.

SHSE:603178 Stock Report

Market Cap: CN¥4.8b

Ningbo Shenglong Automotive Powertrain SystemLtd Dividend

Dividend criteria checks 1/6

Ningbo Shenglong Automotive Powertrain SystemLtd is a dividend paying company with a current yield of 0.35% that is well covered by earnings.

Key information

0.3%

Dividend yield

35%

Payout ratio

Industry average yield1.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.070
Earnings per shareCN¥0.20
Dividend yield forecast1.1%

Recent dividend updates

No updates

Recent updates

Revenues Not Telling The Story For Ningbo Shenglong Automotive Powertrain System Co.,Ltd. (SHSE:603178)

Sep 30
Revenues Not Telling The Story For Ningbo Shenglong Automotive Powertrain System Co.,Ltd. (SHSE:603178)

Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

Jul 31
Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

There May Be Reason For Hope In Ningbo Shenglong Automotive Powertrain SystemLtd's (SHSE:603178) Disappointing Earnings

Apr 29
There May Be Reason For Hope In Ningbo Shenglong Automotive Powertrain SystemLtd's (SHSE:603178) Disappointing Earnings

What You Can Learn From Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) P/SAfter Its 30% Share Price Crash

Apr 18
What You Can Learn From Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) P/SAfter Its 30% Share Price Crash

Market Participants Recognise Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) Revenues Pushing Shares 26% Higher

Mar 04
Market Participants Recognise Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) Revenues Pushing Shares 26% Higher

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603178 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603178 has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Ningbo Shenglong Automotive Powertrain SystemLtd Dividend Yield vs Market
How does 603178 dividend yield compare to the market?
SegmentDividend Yield
Company (603178)0.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Auto Components)1.5%
Analyst forecast (603178) (up to 3 years)1.1%

Notable Dividend: 603178's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 603178's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.9%), 603178's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603178 is paying a dividend but the company has no free cash flows.


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