Canny Elevator Dividends and Buybacks
Dividend criteria checks 4/6
Canny Elevator is a dividend paying company with a current yield of 4.97%.
Key information
5.0%
Dividend yield
-1.3%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 94% |
Recent dividend and buyback updates
Recent updates
Lacklustre Performance Is Driving Canny Elevator Co., Ltd.'s (SZSE:002367) Low P/E
Dec 02
Canny Elevator Co., Ltd. (SZSE:002367) Analysts Just Trimmed Their Revenue Forecasts By 12%
Oct 16Canny Elevator's (SZSE:002367) Upcoming Dividend Will Be Larger Than Last Year's
May 21We Think Canny Elevator's (SZSE:002367) Solid Earnings Are Understated
May 01Canny Elevator Co., Ltd. (SZSE:002367) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002367's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002367's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canny Elevator Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002367) | 5.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002367) (up to 3 years) | 5.2% |
Notable Dividend: 002367's dividend (4.97%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002367's dividend (4.97%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.3%), 002367's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.5%), 002367's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:43 |
| 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 * |
|---|---|---|---|
| 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 |
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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
Canny Elevator Co., Ltd. is covered by 11 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Rong Liu | China Merchants Securities Co. Ltd. |
| Dongfeng Zhang | Cinda Securities Co., Ltd |