Suzhou Veichi Electric Co., Ltd.

SHSE:688698 Stock Report

Market Cap: CN¥9.8b

Suzhou Veichi Electric Dividends and Buybacks

Dividend criteria checks 2/6

Suzhou Veichi Electric is a dividend paying company with a current yield of 0.61% that is well covered by earnings.

Key information

0.6%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield0.5%
Future Dividend Yield0.8%
Dividend Growth6.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.284
Payout ratio36%

Recent dividend and buyback updates

Recent updates

What Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 27% Share Price Gain Is Not Telling You

Dec 05
What Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 27% Share Price Gain Is Not Telling You

We Think You Should Be Aware Of Some Concerning Factors In Suzhou Veichi Electric's (SHSE:688698) Earnings

Nov 11
We Think You Should Be Aware Of Some Concerning Factors In Suzhou Veichi Electric's (SHSE:688698) Earnings

A Piece Of The Puzzle Missing From Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 48% Share Price Climb

Oct 09
A Piece Of The Puzzle Missing From Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 48% Share Price Climb

Is Now The Time To Put Suzhou Veichi Electric (SHSE:688698) On Your Watchlist?

Sep 28
Is Now The Time To Put Suzhou Veichi Electric (SHSE:688698) On Your Watchlist?

Capital Allocation Trends At Suzhou Veichi Electric (SHSE:688698) Aren't Ideal

Aug 28
Capital Allocation Trends At Suzhou Veichi Electric (SHSE:688698) Aren't Ideal

Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Jul 01
Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Jun 04
Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Apr 23
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

Mar 31
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Mar 04
There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Mar 01
Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688698 has been paying a dividend for less than 10 years.

Growing Dividend: 688698's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Suzhou Veichi Electric Dividend Yield vs Market
How does 688698 dividend yield compare to the market?
SegmentDividend Yield
Company (688698)0.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.5%
Analyst forecast (688698) (up to 3 years)0.8%

Notable Dividend: 688698's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688698's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.2%), 688698's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 688698 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 05:25
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

Suzhou Veichi Electric Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peng JiangChina International Capital Corporation Limited
Jia Xun YouChina Merchants Securities Co. Ltd.
Pengwei HuaCitic Securities Co., Ltd.