CRRC Corporation Limited

SHSE:601766 Stock Report

Market Cap: CN¥215.4b

CRRC Dividends and Buybacks

Dividend criteria checks 5/6

CRRC is a dividend paying company with a current yield of 2.48% that is well covered by earnings.

Key information

2.5%

Dividend yield

0.009%

Buyback Yield

Total Shareholder Yield2.5%
Future Dividend Yield3.4%
Dividend Growth11.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio44%

Recent dividend and buyback updates

CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20

Aug 10
CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20

Recent updates

There Is A Reason CRRC Corporation Limited's (SHSE:601766) Price Is Undemanding

Dec 11
There Is A Reason CRRC Corporation Limited's (SHSE:601766) Price Is Undemanding

Estimating The Intrinsic Value Of CRRC Corporation Limited (SHSE:601766)

Nov 28
Estimating The Intrinsic Value Of CRRC Corporation Limited (SHSE:601766)

Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?

Nov 14
Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?

CRRC (SHSE:601766) Hasn't Managed To Accelerate Its Returns

Oct 16
CRRC (SHSE:601766) Hasn't Managed To Accelerate Its Returns

CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20

Aug 10
CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20

CRRC (SHSE:601766) Could Easily Take On More Debt

Aug 01
CRRC (SHSE:601766) Could Easily Take On More Debt

Investors Aren't Buying CRRC Corporation Limited's (SHSE:601766) Earnings

Jun 25
Investors Aren't Buying CRRC Corporation Limited's (SHSE:601766) Earnings

Returns On Capital Signal Tricky Times Ahead For CRRC (SHSE:601766)

Jun 07
Returns On Capital Signal Tricky Times Ahead For CRRC (SHSE:601766)

CRRC (SHSE:601766) Has A Rock Solid Balance Sheet

Apr 19
CRRC (SHSE:601766) Has A Rock Solid Balance Sheet

CRRC's (SHSE:601766) Solid Earnings May Rest On Weak Foundations

Apr 04
CRRC's (SHSE:601766) Solid Earnings May Rest On Weak Foundations

An Intrinsic Calculation For CRRC Corporation Limited (SHSE:601766) Suggests It's 42% Undervalued

Mar 28
An Intrinsic Calculation For CRRC Corporation Limited (SHSE:601766) Suggests It's 42% Undervalued

Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?

Mar 14
Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?

Returns On Capital At CRRC (SHSE:601766) Have Stalled

Mar 01
Returns On Capital At CRRC (SHSE:601766) Have Stalled

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 601766's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601766's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

CRRC Dividend Yield vs Market
How does 601766 dividend yield compare to the market?
SegmentDividend Yield
Company (601766)2.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Machinery)1.6%
Analyst forecast (601766) (up to 3 years)3.4%

Notable Dividend: 601766's dividend (2.48%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 601766's dividend (2.48%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.5%), 601766's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33.3%), 601766's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:24
End of Day Share Price 2024/12/20 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

CRRC Corporation Limited is covered by 54 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick XuBarclays
Victoria LiBarclays
Tingting LiBNP Paribas Securities (Asia)