Zhejiang Taotao Vehicles Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Taotao Vehicles is a dividend paying company with a current yield of 2.32% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Zhejiang Taotao Vehicles (SZSE:301345) Is Reinvesting At Lower Rates Of Return
Nov 22
We Think That There Are Some Issues For Zhejiang Taotao Vehicles (SZSE:301345) Beyond Its Promising Earnings
Nov 05Not Many Are Piling Into Zhejiang Taotao Vehicles Co., Ltd. (SZSE:301345) Just Yet
Oct 07Here's Why Zhejiang Taotao Vehicles (SZSE:301345) Has Caught The Eye Of Investors
Sep 18Zhejiang Taotao Vehicles Co., Ltd. (SZSE:301345) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough
Jul 03Does Zhejiang Taotao Vehicles (SZSE:301345) Have A Healthy Balance Sheet?
Jun 28Be Wary Of Zhejiang Taotao Vehicles (SZSE:301345) And Its Returns On Capital
Jun 10Here's Why We Think Zhejiang Taotao Vehicles (SZSE:301345) Is Well Worth Watching
May 13Subdued Growth No Barrier To Zhejiang Taotao Vehicles Co., Ltd. (SZSE:301345) With Shares Advancing 27%
Apr 22Zhejiang Taotao Vehicles Co., Ltd.'s (SZSE:301345) 27% Price Boost Is Out Of Tune With Earnings
Apr 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301345 has been paying a dividend for less than 10 years.
Growing Dividend: 301345 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Zhejiang Taotao Vehicles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301345) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto) | 1.3% |
| Analyst forecast (301345) (up to 3 years) | 1.7% |
Notable Dividend: 301345's dividend (2.32%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301345's dividend (2.32%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), 301345's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301345 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 08:33 |
| 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
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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 Taotao Vehicles Co., Ltd. is covered by 4 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 |
|---|---|
| Xinyi Zhou | Chasing Securities |
| Yuewei Zhao | Haitong International Research Limited |
| Xiaoqing Yan | Industrial Securities Co. Ltd. |