Ming Yang Smart Energy Group Limited

SHSE:601615 Stock Report

Market Cap: CN¥27.4b

Ming Yang Smart Energy Group Dividends and Buybacks

Dividend criteria checks 2/6

Ming Yang Smart Energy Group is a dividend paying company with a current yield of 2.39%.

Key information

2.4%

Dividend yield

2.2%

Buyback Yield

Total Shareholder Yield4.5%
Future Dividend Yield2.2%
Dividend Growth33.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.304
Payout ratio-1,286%

Recent dividend and buyback updates

Recent updates

Further Upside For Ming Yang Smart Energy Group Limited (SHSE:601615) Shares Could Introduce Price Risks After 36% Bounce

Oct 22
Further Upside For Ming Yang Smart Energy Group Limited (SHSE:601615) Shares Could Introduce Price Risks After 36% Bounce

Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think

Sep 06
Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think

Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615)

Sep 04
Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615)

Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts

Aug 07
Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts

These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way

Jun 07
These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way

Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital

Feb 29
Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 601615 has been paying a dividend for less than 10 years.

Growing Dividend: 601615's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Ming Yang Smart Energy Group Dividend Yield vs Market
How does 601615 dividend yield compare to the market?
SegmentDividend Yield
Company (601615)2.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.5%
Analyst forecast (601615) (up to 3 years)2.2%

Notable Dividend: 601615's dividend (2.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 601615's dividend (2.39%) is in the top 25% of dividend payers in the CN market (2.17%)


Earnings Payout to Shareholders

Earnings Coverage: 601615 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: 601615 is paying a dividend but the company has no free cash flows.


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