Zhejiang Songyuan Automotive Safety SystemsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Songyuan Automotive Safety SystemsLtd is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -17.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Earnings Are Not Doing Enough For Some Investors
Nov 27
There May Be Underlying Issues With The Quality Of Zhejiang Songyuan Automotive Safety SystemsLtd's (SZSE:300893) Earnings
Nov 04Does Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Deserve A Spot On Your Watchlist?
Oct 14Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. (SZSE:300893) Shares Could Be 24% Below Their Intrinsic Value Estimate
Sep 29Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Seems To Use Debt Quite Sensibly
Sep 03A Piece Of The Puzzle Missing From Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Share Price
Jul 05We Ran A Stock Scan For Earnings Growth And Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Passed With Ease
May 13We Think That There Are Issues Underlying Zhejiang Songyuan Automotive Safety SystemsLtd's (SZSE:300893) Earnings
Apr 25Investors Met With Slowing Returns on Capital At Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893)
Apr 18Market Participants Recognise Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Earnings Pushing Shares 32% Higher
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300893 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300893 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Songyuan Automotive Safety SystemsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300893) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (300893) (up to 3 years) | 1.0% |
Notable Dividend: 300893's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300893's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.6%), 300893's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300893 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:34 |
| 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 |
|
|
| 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
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. is covered by 5 analysts. 4 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 |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Xuxia Tang | Guosen Securities Co., Ltd. |
| Jiang Shao | Tianfeng Securities Brokerage Co., Ltd |