Ningbo Ronbay New Energy TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
Ningbo Ronbay New Energy TechnologyLtd is a dividend paying company with a current yield of 0.95%.
Key information
0.9%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 49.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.303 |
| Payout ratio | 179% |
Recent dividend and buyback updates
Recent updates
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Has A Somewhat Strained Balance Sheet
Dec 16
Even With A 25% Surge, Cautious Investors Are Not Rewarding Ningbo Ronbay New Energy Technology Co.,Ltd.'s (SHSE:688005) Performance Completely
Nov 28Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital
Nov 25Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%
Oct 14Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet
Aug 26Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers
Aug 07Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Aug 06Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?
Aug 02Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around
Jul 15Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders
Apr 21Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost
Apr 09Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688005 has been paying a dividend for less than 10 years.
Growing Dividend: 688005's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Ningbo Ronbay New Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688005) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688005) (up to 3 years) | 1.3% |
Notable Dividend: 688005's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688005's dividend (0.95%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.2%), 688005's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688005 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:36 |
| 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 |
|
* 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
Ningbo Ronbay New Energy Technology Co.,Ltd. is covered by 24 analysts. 11 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 |
|---|---|
| Jun Ma | Changjiang Securities Co. LTD. |
| Shuo Liu | China International Capital Corporation Limited |
| Tao Zeng | China International Capital Corporation Limited |