Zhejiang Weixing New Building Materials Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Weixing New Building Materials is a dividend paying company with a current yield of 1.59%.
Key information
1.6%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | -2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 119% |
Recent dividend and buyback updates
Recent updates
Capital Investment Trends At Zhejiang Weixing New Building Materials (SZSE:002372) Look Strong
Dec 13
Estimating The Intrinsic Value Of Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372)
Nov 18Zhejiang Weixing New Building Materials Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 01Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Shares Fly 37% But Investors Aren't Buying For Growth
Oct 07Results: Zhejiang Weixing New Building Materials Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 26Are Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Investors Paying Above The Intrinsic Value?
Aug 12Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 26Zhejiang Weixing New Building Materials (SZSE:002372) Might Become A Compounding Machine
Jun 12The Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Annual Results Are Out And Analysts Have Published New Forecasts
Apr 10Zhejiang Weixing New Building Materials (SZSE:002372) Knows How To Allocate Capital
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002372's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002372's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Weixing New Building Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002372) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (002372) (up to 3 years) | 5.7% |
Notable Dividend: 002372's dividend (1.59%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002372's dividend (1.59%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.9%), 002372's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 002372's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:43 |
| End of Day Share Price | 2024/12/20 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 |
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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
Zhejiang Weixing New Building Materials Co., Ltd. is covered by 29 analysts. 14 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 |
|---|---|
| Wenjie Xie | AJ Securities Co., Ltd |
| Qin Wang | BOCI Research Ltd. |
| Jin Ming Liu | Bohai Securities Co., Ltd. |