China Railway Hi-tech Industry Corporation Limited

SHSE:600528 Stock Report

Market Cap: CN¥18.4b

China Railway Hi-tech Industry Dividends and Buybacks

Dividend criteria checks 3/6

China Railway Hi-tech Industry is a dividend paying company with a current yield of 1.23% that is well covered by earnings.

Key information

1.2%

Dividend yield

-6.5%

Buyback Yield

Total Shareholder Yield-5.3%
Future Dividend Yield1.2%
Dividend Growth8.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.101
Payout ratio15%

Recent dividend and buyback updates

Recent updates

China Railway Hi-tech Industry Corporation Limited's (SHSE:600528) Price Is Right But Growth Is Lacking

Nov 06
China Railway Hi-tech Industry Corporation Limited's (SHSE:600528) Price Is Right But Growth Is Lacking

Returns On Capital Signal Tricky Times Ahead For China Railway Hi-tech Industry (SHSE:600528)

Oct 16
Returns On Capital Signal Tricky Times Ahead For China Railway Hi-tech Industry (SHSE:600528)

We Think China Railway Hi-tech Industry (SHSE:600528) Is Taking Some Risk With Its Debt

Sep 25
We Think China Railway Hi-tech Industry (SHSE:600528) Is Taking Some Risk With Its Debt

China Railway Hi-tech Industry (SHSE:600528) Is Paying Out Less In Dividends Than Last Year

Aug 19
China Railway Hi-tech Industry (SHSE:600528) Is Paying Out Less In Dividends Than Last Year

Capital Allocation Trends At China Railway Hi-tech Industry (SHSE:600528) Aren't Ideal

Jun 25
Capital Allocation Trends At China Railway Hi-tech Industry (SHSE:600528) Aren't Ideal

China Railway Hi-tech Industry (SHSE:600528) Has A Somewhat Strained Balance Sheet

May 28
China Railway Hi-tech Industry (SHSE:600528) Has A Somewhat Strained Balance Sheet

China Railway Hi-tech Industry (SHSE:600528) Might Be Having Difficulty Using Its Capital Effectively

Mar 22
China Railway Hi-tech Industry (SHSE:600528) Might Be Having Difficulty Using Its Capital Effectively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600528's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600528's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

China Railway Hi-tech Industry Dividend Yield vs Market
How does 600528 dividend yield compare to the market?
SegmentDividend Yield
Company (600528)1.2%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Construction)3.1%
Analyst forecast (600528) (up to 3 years)1.2%

Notable Dividend: 600528's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 600528's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.11%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.1%), 600528's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600528 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 02:31
End of Day Share Price 2024/12/27 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 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

China Railway Hi-tech Industry Corporation Limited is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Huimin WuChina International Capital Corporation Limited
Xuan WangChina Stock Investment Research Co. Ltd. (GZ500..com)
She BaoGuoyuan Securities Co., Ltd.