Hongfa Technology Dividends and Buybacks
Dividend criteria checks 4/6
Hongfa Technology is a dividend paying company with a current yield of 1.39% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 5.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.439 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet
Nov 27
Is Hongfa Technology Co., Ltd. (SHSE:600885) Potentially Undervalued?
Nov 14Earnings Working Against Hongfa Technology Co., Ltd.'s (SHSE:600885) Share Price
Oct 16Return Trends At Hongfa Technology (SHSE:600885) Aren't Appealing
Oct 03Is There An Opportunity With Hongfa Technology Co., Ltd.'s (SHSE:600885) 20% Undervaluation?
Sep 05Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet
Aug 23Why Hongfa Technology Co., Ltd. (SHSE:600885) Could Be Worth Watching
Aug 05Returns On Capital At Hongfa Technology (SHSE:600885) Have Hit The Brakes
Jul 04Why Investors Shouldn't Be Surprised By Hongfa Technology Co., Ltd.'s (SHSE:600885) Low P/E
Jun 20Does This Valuation Of Hongfa Technology Co., Ltd. (SHSE:600885) Imply Investors Are Overpaying?
May 22Hongfa Technology Co., Ltd. (SHSE:600885) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Apr 02Is Now An Opportune Moment To Examine Hongfa Technology Co., Ltd. (SHSE:600885)?
Mar 26Investors Aren't Buying Hongfa Technology Co., Ltd.'s (SHSE:600885) Earnings
Mar 13Hongfa Technology's (SHSE:600885) Returns On Capital Not Reflecting Well On The Business
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600885's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600885's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hongfa Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600885) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (600885) (up to 3 years) | 2.1% |
Notable Dividend: 600885's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600885's dividend (1.39%) 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 (29.3%), 600885's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), 600885's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:33 |
| 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 |
|
* 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
Hongfa Technology Co., Ltd. is covered by 31 analysts. 14 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Fiona Liang | BofA Global Research |
| Hazim Bahari | CFRA Equity Research |