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 2.37%.
Key information
2.4%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 33.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥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
Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think
Sep 06Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615)
Sep 04Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts
Aug 07These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way
Jun 07Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital
Feb 29Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601615) | 2.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (601615) (up to 3 years) | 2.0% |
Notable Dividend: 601615's dividend (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601615's dividend (2.37%) is in the top 25% of dividend payers in the CN market (2.13%)
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:01 |
| End of Day Share Price | 2024/12/27 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
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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
Ming Yang Smart Energy Group Limited is covered by 20 analysts. 8 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 |
|---|---|
| Charlotte Xia | BofA Global Research |
| Wei Ong | CFRA Equity Research |
| Yunji Che | China International Capital Corporation Limited |