Jiangsu Guomao Reducer Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Guomao Reducer is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 22.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Soars 28% But It's A Story Of Risk Vs Reward
Dec 02
Jiangsu Guomao Reducer (SHSE:603915) Will Want To Turn Around Its Return Trends
Nov 21Some Investors May Be Willing To Look Past Jiangsu Guomao Reducer's (SHSE:603915) Soft Earnings
Nov 06Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Held Back By Insufficient Growth Even After Shares Climb 28%
Oct 01Is Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Potentially Undervalued?
Sep 24Jiangsu Guomao Reducer (SHSE:603915) Might Be Having Difficulty Using Its Capital Effectively
Aug 22Calculating The Fair Value Of Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915)
Aug 01Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Prospects Need A Boost To Lift Shares
Jun 07Should You Think About Buying Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Now?
May 21The Returns On Capital At Jiangsu Guomao Reducer (SHSE:603915) Don't Inspire Confidence
Mar 26Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Intrinsic Value Is Potentially 25% Above Its Share Price
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603915 has been paying a dividend for less than 10 years.
Growing Dividend: 603915's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Jiangsu Guomao Reducer Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603915) | 1.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603915) (up to 3 years) | 2.0% |
Notable Dividend: 603915's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603915's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.1%), 603915's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), 603915's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:41 |
| 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 |
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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
Jiangsu Guomao Reducer Co., Ltd. is covered by 6 analysts. 3 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 |
|---|---|
| Shuaibin Huang | Everbright Securities Co. Ltd. |
| Kevin Luo | Morgan Stanley |
| Sheng Zhong | Morgan Stanley |