Ningbo Xusheng Group Co., Ltd.

SHSE:603305 Stock Report

Market Cap: CN¥13.8b

Ningbo Xusheng Group Dividend

Dividend criteria checks 2/6

Ningbo Xusheng Group is a dividend paying company with a current yield of 0.63% that is well covered by earnings.

Key information

0.6%

Dividend yield

10%

Payout ratio

Industry average yield1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.84
Dividend yield forecast in 3Y1.4%

Recent dividend updates

No updates

Recent updates

Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Mar 07
Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603305 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603305's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Ningbo Xusheng Group Dividend Yield vs Market
How does 603305 dividend yield compare to the market?
SegmentDividend Yield
Company (603305)0.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Auto Components)1.3%
Analyst forecast in 3 Years (603305)1.4%

Notable Dividend: 603305's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).

High Dividend: 603305's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.33%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.2%), 603305's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603305 is paying a dividend but the company has no free cash flows.


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