Changzhou Langbo Sealing Technologies Co.,Ltd.

SHSE:603655 Stock Report

Market Cap: CN¥2.3b

Changzhou Langbo Sealing TechnologiesLtd Dividends and Buybacks

Dividend criteria checks 1/6

Changzhou Langbo Sealing TechnologiesLtd is a dividend paying company with a current yield of 0.46% that is well covered by earnings.

Key information

0.5%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yieldn/a
Dividend Growth-1.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio45%

Recent dividend and buyback updates

No updates

Recent updates

Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings

Nov 02
Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings

Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) 39% Share Price Surge Not Quite Adding Up

Oct 17
Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) 39% Share Price Surge Not Quite Adding Up

Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations

May 02
Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations

Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) Business Is Trailing The Industry But Its Shares Aren't

Feb 28
Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) Business Is Trailing The Industry But Its Shares Aren't

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603655 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603655 has only been paying a dividend for 6 years, and since then payments have not increased.


Dividend Yield vs Market

Changzhou Langbo Sealing TechnologiesLtd Dividend Yield vs Market
How does 603655 dividend yield compare to the market?
SegmentDividend Yield
Company (603655)0.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Auto Components)1.5%
Analyst forecast (603655) (up to 3 years)n/a

Notable Dividend: 603655's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603655's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.4%), 603655's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603655 is paying a dividend but the company has no free cash flows.


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