China Southern Power Grid Technology Co.,Ltd

SHSE:688248 Stock Report

Market Cap: CN¥18.8b

China Southern Power Grid TechnologyLtd Dividends and Buybacks

Dividend criteria checks 3/6

China Southern Power Grid TechnologyLtd is a dividend paying company with a current yield of 0.81% that is well covered by earnings.

Key information

0.8%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield0.4%
Dividend Growth42.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.270
Payout ratio43%

Recent dividend and buyback updates

Recent updates

China Southern Power Grid TechnologyLtd (SHSE:688248) Is Doing The Right Things To Multiply Its Share Price

Dec 12
China Southern Power Grid TechnologyLtd (SHSE:688248) Is Doing The Right Things To Multiply Its Share Price

Do China Southern Power Grid TechnologyLtd's (SHSE:688248) Earnings Warrant Your Attention?

Nov 21
Do China Southern Power Grid TechnologyLtd's (SHSE:688248) Earnings Warrant Your Attention?

China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Intrinsic Value Is Potentially 31% Above Its Share Price

Aug 14
China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Intrinsic Value Is Potentially 31% Above Its Share Price

China Southern Power Grid TechnologyLtd's (SHSE:688248) Solid Earnings Have Been Accounted For Conservatively

Apr 05
China Southern Power Grid TechnologyLtd's (SHSE:688248) Solid Earnings Have Been Accounted For Conservatively

The Consensus EPS Estimates For China Southern Power Grid Technology Co.,Ltd (SHSE:688248) Just Fell Dramatically

Apr 03
The Consensus EPS Estimates For China Southern Power Grid Technology Co.,Ltd (SHSE:688248) Just Fell Dramatically

China Southern Power Grid Technology Co.,Ltd Recorded A 38% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 02
China Southern Power Grid Technology Co.,Ltd Recorded A 38% Miss On Revenue: Analysts Are Revisiting Their Models

China Southern Power Grid TechnologyLtd (SHSE:688248) Could Easily Take On More Debt

Mar 28
China Southern Power Grid TechnologyLtd (SHSE:688248) Could Easily Take On More Debt

Investors Appear Satisfied With China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Prospects As Shares Rocket 26%

Feb 29
Investors Appear Satisfied With China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Prospects As Shares Rocket 26%

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688248 has been paying a dividend for less than 10 years.

Growing Dividend: 688248's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

China Southern Power Grid TechnologyLtd Dividend Yield vs Market
How does 688248 dividend yield compare to the market?
SegmentDividend Yield
Company (688248)0.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Construction)3.1%
Analyst forecast (688248) (up to 3 years)0.4%

Notable Dividend: 688248's dividend (0.81%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 688248's dividend (0.81%) 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 (42.8%), 688248's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), 688248's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:15
End of Day Share Price 2024/12/20 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

China Southern Power Grid Technology Co.,Ltd is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuping LiuChina Merchants Securities Co. Ltd.
Zhongshu YinEverbright Securities Co. Ltd.
Weiqi WangGuosen Securities Co., Ltd.