Wetown Electric Group Dividends and Buybacks
Dividend criteria checks 2/6
Wetown Electric Group is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.233 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
Even With A 32% Surge, Cautious Investors Are Not Rewarding Wetown Electric Group Co., Ltd.'s (SHSE:688226) Performance Completely
Dec 16
We Think That There Are Some Issues For Wetown Electric Group (SHSE:688226) Beyond Its Promising Earnings
Nov 04Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Not Telling The Full Story
Sep 30Investors Give Wetown Electric Group Co., Ltd. (SHSE:688226) Shares A 28% Hiding
Jun 27Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 32% Yet They're Still Not Telling The Full Story
May 13Wetown Electric Group (SHSE:688226) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 27% Yet They're Still Not Telling The Full Story
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688226 has been paying a dividend for less than 10 years.
Growing Dividend: 688226's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Wetown Electric Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688226) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688226) (up to 3 years) | 3.1% |
Notable Dividend: 688226's dividend (0.97%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688226's dividend (0.97%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), 688226's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688226 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 | 2024/12/23 14:38 |
| End of Day Share Price | 2024/12/23 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
Wetown Electric Group Co., Ltd. is covered by 2 analysts. 2 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 |
|---|---|
| Yongkang Deng | Minsheng Securities Co. |
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |