Fujian Longking Dividends and Buybacks
Dividend criteria checks 3/6
Fujian Longking is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.6%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 7.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Take Care Before Diving Into The Deep End On Fujian Longking Co., Ltd. (SHSE:600388)
Nov 25
Returns On Capital At Fujian Longking (SHSE:600388) Paint A Concerning Picture
Oct 17Does Fujian Longking (SHSE:600388) Have A Healthy Balance Sheet?
Sep 30Fujian Longking Co., Ltd. (SHSE:600388) Could Be Riskier Than It Looks
Aug 01These 4 Measures Indicate That Fujian Longking (SHSE:600388) Is Using Debt Extensively
Jun 18Fujian Longking's (SHSE:600388) Dividend Will Be Increased To CN¥0.20
May 28Investors Can Find Comfort In Fujian Longking's (SHSE:600388) Earnings Quality
Apr 26Does This Valuation Of Fujian Longking Co., Ltd. (SHSE:600388) Imply Investors Are Overpaying?
Apr 12Need To Know: Analysts Just Made A Substantial Cut To Their Fujian Longking Co., Ltd. (SHSE:600388) Estimates
Mar 27Fujian Longking Co., Ltd. Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next
Mar 25Fujian Longking Co., Ltd. (SHSE:600388) Could Be Riskier Than It Looks
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600388's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600388's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fujian Longking Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600388) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (600388) (up to 3 years) | 1.6% |
Notable Dividend: 600388's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600388's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), 600388's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600388 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 | 2024/12/21 00:03 |
| End of Day Share Price | 2024/12/20 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 |
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* 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
Fujian Longking Co., Ltd. is covered by 21 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 |
|---|---|
| Ke Xu | Changjiang Securities Co. LTD. |
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Xinhao Jiang | China International Capital Corporation Limited |