Streamax Technology Co., Ltd.

SZSE:002970 Stock Report

Market Cap: CN¥8.4b

Streamax Technology Dividends and Buybacks

Dividend criteria checks 3/6

Streamax Technology is a dividend paying company with a current yield of 1.04% that is well covered by earnings.

Key information

1.0%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield0.8%
Future Dividend Yield1.1%
Dividend Growth-2.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.500
Payout ratio36%

Recent dividend and buyback updates

Recent updates

There's Reason For Concern Over Streamax Technology Co., Ltd.'s (SZSE:002970) Price

Feb 06
There's Reason For Concern Over Streamax Technology Co., Ltd.'s (SZSE:002970) Price

Streamax Technology (SZSE:002970) Might Be Having Difficulty Using Its Capital Effectively

Jan 03
Streamax Technology (SZSE:002970) Might Be Having Difficulty Using Its Capital Effectively

We Ran A Stock Scan For Earnings Growth And Streamax Technology (SZSE:002970) Passed With Ease

Nov 04
We Ran A Stock Scan For Earnings Growth And Streamax Technology (SZSE:002970) Passed With Ease

Streamax Technology Co., Ltd. (SZSE:002970) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected

Oct 18
Streamax Technology Co., Ltd. (SZSE:002970) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected

Streamax Technology (SZSE:002970) Might Be Having Difficulty Using Its Capital Effectively

Sep 26
Streamax Technology (SZSE:002970) Might Be Having Difficulty Using Its Capital Effectively

Streamax Technology (SZSE:002970) Has A Rock Solid Balance Sheet

Sep 03
Streamax Technology (SZSE:002970) Has A Rock Solid Balance Sheet

Streamax Technology Co., Ltd.'s (SZSE:002970) Popularity With Investors Is Under Threat From Overpricing

Feb 28
Streamax Technology Co., Ltd.'s (SZSE:002970) Popularity With Investors Is Under Threat From Overpricing

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002970 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002970's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Streamax Technology Dividend Yield vs Market
How does 002970 dividend yield compare to the market?
SegmentDividend Yield
Company (002970)1.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Auto Components)1.4%
Analyst forecast (002970) (up to 3 years)1.1%

Notable Dividend: 002970's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 002970's dividend (1.04%) is low compared to the top 25% of dividend payers in the CN market (2.14%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.9%), 002970's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.3%), 002970's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 19:58
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Streamax Technology Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lin YangHaitong International Research Limited
Wei LvMinsheng Securities Co.