Riyue Heavy IndustryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Riyue Heavy IndustryLtd is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 14.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.280 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
Riyue Heavy IndustryLtd (SHSE:603218) Has A Pretty Healthy Balance Sheet
Dec 11
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential
Nov 06Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings
Sep 30Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)
Jun 24Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 08Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations
May 06Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward
Mar 07The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603218's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Riyue Heavy IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603218) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603218) (up to 3 years) | 3.9% |
Notable Dividend: 603218's dividend (2.26%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603218's dividend (2.26%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), 603218's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603218 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 08:28 |
| 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
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
Riyue Heavy Industry Co.,Ltd is covered by 16 analysts. 7 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 |
|---|---|
| Yunji Che | China International Capital Corporation Limited |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Sabrina Shao | Credit Suisse |