Zhejiang Hongxin Technology Co., Ltd.

SZSE:301539 Stock Report

Market Cap: CN¥3.1b

Zhejiang Hongxin Technology Dividends and Buybacks

Dividend criteria checks 2/6

Zhejiang Hongxin Technology is a dividend paying company with a current yield of 1.02% that is well covered by earnings.

Key information

1.0%

Dividend yield

-11.5%

Buyback Yield

Total Shareholder Yield-10.5%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio45%

Recent dividend and buyback updates

No updates

Recent updates

Why Zhejiang Hongxin Technology's (SZSE:301539) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 04
Why Zhejiang Hongxin Technology's (SZSE:301539) Shaky Earnings Are Just The Beginning Of Its Problems

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 301539's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 301539's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Zhejiang Hongxin Technology Dividend Yield vs Market
How does 301539 dividend yield compare to the market?
SegmentDividend Yield
Company (301539)1.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Auto Components)1.5%
Analyst forecast (301539) (up to 3 years)n/a

Notable Dividend: 301539's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 301539's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.08%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.2%), 301539's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 301539 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies