Shanghai Morn Electric Equipment Co., Ltd.

SZSE:002451 Stock Report

Market Cap: CN¥3.0b

Shanghai Morn Electric Equipment Dividends and Buybacks

Dividend criteria checks 0/6

Shanghai Morn Electric Equipment is a dividend paying company with a current yield of 0.15%.

Key information

0.1%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield0.5%
Future Dividend Yieldn/a
Dividend Growth10.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.010
Payout ratio22%

Recent dividend and buyback updates

No updates

Recent updates

Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Nov 04
Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Oct 08
Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Sep 30
Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Investors Appear Satisfied With Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Prospects

Jul 01
Investors Appear Satisfied With Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Prospects

Shanghai Morn Electric Equipment (SZSE:002451) May Have Issues Allocating Its Capital

Jun 07
Shanghai Morn Electric Equipment (SZSE:002451) May Have Issues Allocating Its Capital

Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 01
Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Mar 06
Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002451 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 002451 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Shanghai Morn Electric Equipment Dividend Yield vs Market
How does 002451 dividend yield compare to the market?
SegmentDividend Yield
Company (002451)0.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.5%
Analyst forecast (002451) (up to 3 years)n/a

Notable Dividend: 002451's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002451's dividend (0.15%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: 002451 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 002451 is not paying a notable dividend for the CN market.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 05:06
End of Day Share Price 2024/12/24 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

Shanghai Morn Electric Equipment Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuanrui LiuChangjiang Securities Co. LTD.
Rui Bin DongChina Merchants Securities Co. Ltd.