Zhejiang grandwall electric science&technology co.,ltd.

SHSE:603897 Stock Report

Market Cap: CN¥5.1b

Zhejiang grandwall electric science&technologyltd Dividends and Buybacks

Dividend criteria checks 2/6

Zhejiang grandwall electric science&technologyltd is a dividend paying company with a current yield of 9.28%.

Key information

9.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth36.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥2.200
Payout ratio154%

Recent dividend and buyback updates

Recent updates

Zhejiang grandwall electric science&technology co.,ltd.'s (SHSE:603897) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Dec 09
Zhejiang grandwall electric science&technology co.,ltd.'s (SHSE:603897) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Is Zhejiang grandwall electric science&technologyltd (SHSE:603897) Using Too Much Debt?

Dec 03
Is Zhejiang grandwall electric science&technologyltd (SHSE:603897) Using Too Much Debt?

Impressive Earnings May Not Tell The Whole Story For Zhejiang grandwall electric science&technologyltd (SHSE:603897)

Nov 06
Impressive Earnings May Not Tell The Whole Story For Zhejiang grandwall electric science&technologyltd (SHSE:603897)

Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Aug 01
Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

May 02
Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Mar 19
Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603897 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603897's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Zhejiang grandwall electric science&technologyltd Dividend Yield vs Market
How does 603897 dividend yield compare to the market?
SegmentDividend Yield
Company (603897)9.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.5%
Analyst forecast (603897) (up to 3 years)n/a

Notable Dividend: 603897's dividend (9.28%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 603897's dividend (9.28%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (154%), 603897's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603897 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:55
End of Day Share Price 2024/12/23 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

Zhejiang grandwall electric science&technology co.,ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution