Xianheng International Science&Technology Co., Ltd.

SHSE:605056 Stock Report

Market Cap: CN¥4.6b

Xianheng International Science&Technology Dividend

Dividend criteria checks 3/6

Xianheng International Science&Technology is a dividend paying company with a current yield of 1.34% that is well covered by earnings.

Key information

1.3%

Dividend yield

55%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.150
Earnings per shareCN¥0.26
Dividend yield forecast4.9%

Recent dividend updates

No updates

Recent updates

Xianheng International Science&Technology Co., Ltd.'s (SHSE:605056) 28% Share Price Plunge Could Signal Some Risk

Jun 24
Xianheng International Science&Technology Co., Ltd.'s (SHSE:605056) 28% Share Price Plunge Could Signal Some Risk

Some May Be Optimistic About Xianheng International Science&Technology's (SHSE:605056) Earnings

May 06
Some May Be Optimistic About Xianheng International Science&Technology's (SHSE:605056) Earnings

When Should You Buy Xianheng International Science&Technology Co., Ltd. (SHSE:605056)?

Apr 24
When Should You Buy Xianheng International Science&Technology Co., Ltd. (SHSE:605056)?

Xianheng International Science&Technology (SHSE:605056) Is Reinvesting At Lower Rates Of Return

Feb 26
Xianheng International Science&Technology (SHSE:605056) Is Reinvesting At Lower Rates Of Return

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 605056 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 605056 has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

Xianheng International Science&Technology Dividend Yield vs Market
How does 605056 dividend yield compare to the market?
SegmentDividend Yield
Company (605056)1.3%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.8%
Analyst forecast (605056) (up to 3 years)4.9%

Notable Dividend: 605056's dividend (1.34%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 605056's dividend (1.34%) is low compared to the top 25% of dividend payers in the CN market (2.54%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.7%), 605056's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), 605056's dividend payments are covered by cash flows.


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