Asian Star Anchor Chain Jiangsu Dividends and Buybacks
Dividend criteria checks 3/6
Asian Star Anchor Chain Jiangsu is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 22.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.105 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet
Dec 24
Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations
Nov 04Asian Star Anchor Chain Jiangsu (SHSE:601890) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29Should You Be Adding Asian Star Anchor Chain Jiangsu (SHSE:601890) To Your Watchlist Today?
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601890's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601890's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Asian Star Anchor Chain Jiangsu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601890) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (601890) (up to 3 years) | 0.5% |
Notable Dividend: 601890's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601890's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), 601890's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.8%), 601890's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:37 |
| End of Day Share Price | 2024/12/25 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 |
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* 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
Asian Star Anchor Chain Co., Ltd. Jiangsu is covered by 9 analysts. 4 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Weizhi Yuan | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |