Neway CNC Equipment (Suzhou) Dividends and Buybacks
Dividend criteria checks 3/6
Neway CNC Equipment (Suzhou) is a dividend paying company with a current yield of 3.42% that is well covered by earnings.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | 3.8% |
Dividend Growth | 33.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.600 |
Payout ratio | 64% |
Recent dividend and buyback updates
No updates
Recent updates
Investors Met With Slowing Returns on Capital At Neway CNC Equipment (Suzhou) (SHSE:688697)
Nov 27Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05Is Neway CNC Equipment (Suzhou) (SHSE:688697) A Risky Investment?
Oct 18Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Subdued P/E Might Signal An Opportunity
Sep 26Neway CNC Equipment (Suzhou) (SHSE:688697) Seems To Use Debt Quite Sensibly
Jul 03Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E
Jun 07Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations
Apr 01Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results
Mar 30Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)
Mar 22Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688697 has been paying a dividend for less than 10 years.
Growing Dividend: 688697's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Neway CNC Equipment (Suzhou) Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (688697) | 3.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.1% |
Industry Average (Machinery) | 1.6% |
Analyst forecast (688697) (up to 3 years) | 3.8% |
Notable Dividend: 688697's dividend (3.42%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688697's dividend (3.42%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), 688697's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (603.2%), 688697's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 18:27 |
End of Day Share Price | 2024/12/24 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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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
Neway CNC Equipment (Suzhou) 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 |
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Pei Lu | China Galaxy Securities Co., Ltd. |
Zhengyang Ni | Huatai Research |