Zhejiang Tengen Electrics Co.,Ltd.

SHSE:605066 Stock Report

Market Cap: CN¥3.0b

Zhejiang Tengen ElectricsLtd Dividends and Buybacks

Dividend criteria checks 3/6

Zhejiang Tengen ElectricsLtd is a dividend paying company with a current yield of 3.08%.

Key information

3.1%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield2.9%
Future Dividend Yield3.1%
Dividend Growth39.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio133%

Recent dividend and buyback updates

No updates

Recent updates

Zhejiang Tengen ElectricsLtd (SHSE:605066) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 05
Zhejiang Tengen ElectricsLtd (SHSE:605066) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Investors Don't See Light At End Of Zhejiang Tengen Electrics Co.,Ltd.'s (SHSE:605066) Tunnel

Jul 03
Investors Don't See Light At End Of Zhejiang Tengen Electrics Co.,Ltd.'s (SHSE:605066) Tunnel

Shareholders Can Be Confident That Zhejiang Tengen ElectricsLtd's (SHSE:605066) Earnings Are High Quality

Apr 29
Shareholders Can Be Confident That Zhejiang Tengen ElectricsLtd's (SHSE:605066) Earnings Are High Quality

Subdued Growth No Barrier To Zhejiang Tengen Electrics Co.,Ltd. (SHSE:605066) With Shares Advancing 26%

Mar 08
Subdued Growth No Barrier To Zhejiang Tengen Electrics Co.,Ltd. (SHSE:605066) With Shares Advancing 26%

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 605066 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 605066 has only been paying a dividend for 4 years, and since then payments have fallen.


Dividend Yield vs Market

Zhejiang Tengen ElectricsLtd Dividend Yield vs Market
How does 605066 dividend yield compare to the market?
SegmentDividend Yield
Company (605066)3.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.5%
Analyst forecast (605066) (up to 3 years)3.1%

Notable Dividend: 605066's dividend (3.08%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 605066's dividend (3.08%) is in the top 25% of dividend payers in the CN market (2.12%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (132.9%), 605066's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), 605066's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 16:29
End of Day Share Price 2024/12/25 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 Tengen Electrics Co.,Ltd. is covered by 1 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
Min ZouJefferies LLC