Ningbo Xusheng Group Dividends and Buybacks
Dividend criteria checks 2/6
Ningbo Xusheng Group is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 39.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
Ningbo Xusheng Group (SHSE:603305) Has A Somewhat Strained Balance Sheet
Dec 06
Returns On Capital At Ningbo Xusheng Group (SHSE:603305) Paint A Concerning Picture
Oct 29Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Doing What It Can To Lift Shares
Oct 11Some Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Analysts Just Made A Major Cut To Next Year's Estimates
Sep 02Be Wary Of Ningbo Xusheng Group (SHSE:603305) And Its Returns On Capital
Jul 16Ningbo Xusheng Group Co., Ltd.'s (SHSE:603305) Low P/E No Reason For Excitement
Jun 26Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden
May 21Analysts Just Shaved Their Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Forecasts Dramatically
May 01Capital Allocation Trends At Ningbo Xusheng Group (SHSE:603305) Aren't Ideal
Apr 16Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Mar 07Stability 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 7 years.
Dividend Yield vs Market
| Ningbo Xusheng Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603305) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603305) (up to 3 years) | 1.2% |
Notable Dividend: 603305's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603305's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 603305's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.4%), 603305's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:37 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Xusheng Group Co., Ltd. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Xue Deng | China International Capital Corporation Limited |
| Zhenhao Chen | China International Capital Corporation Limited |