Jingjin Equipment Dividends and Buybacks
Dividend criteria checks 4/6
Jingjin Equipment is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 8.2% |
| Dividend Growth | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.660 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Jingjin Equipment (SHSE:603279) Could Become A Multi-Bagger
Nov 26
Improved Earnings Required Before Jingjin Equipment Inc. (SHSE:603279) Shares Find Their Feet
Oct 13Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?
Sep 24Jingjin Equipment (SHSE:603279) Strong Profits May Be Masking Some Underlying Issues
Sep 02A Look At The Intrinsic Value Of Jingjin Equipment Inc. (SHSE:603279)
Jul 12Why We Like The Returns At Jingjin Equipment (SHSE:603279)
Jun 22Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?
May 21Jingjin Equipment Inc. Just Recorded A 5.3% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 28Jingjin Equipment Inc.'s (SHSE:603279) Earnings Are Not Doing Enough For Some Investors
Apr 23Calculating The Fair Value Of Jingjin Equipment Inc. (SHSE:603279)
Apr 05Under The Bonnet, Jingjin Equipment's (SHSE:603279) Returns Look Impressive
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603279 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603279 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Jingjin Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603279) | 3.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603279) (up to 3 years) | 8.2% |
Notable Dividend: 603279's dividend (3.93%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603279's dividend (3.93%) is in the top 25% of dividend payers in the CN market (2.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), 603279's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.7%), 603279's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 08:54 |
| End of Day Share Price | 2025/01/27 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
Jingjin Equipment Inc. is covered by 7 analysts. 5 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 |
|---|---|
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Xiang Li | Citic Securities Co., Ltd. |