Shandong Mining Machinery Group Co., Ltd.

SZSE:002526 Stock Report

Market Cap: CN¥6.3b

Shandong Mining Machinery Group Dividends and Buybacks

Dividend criteria checks 3/6

Shandong Mining Machinery Group is a dividend paying company with a current yield of 0.64% that is well covered by earnings.

Key information

0.6%

Dividend yield

0.7%

Buyback Yield

Total Shareholder Yield1.4%
Future Dividend Yieldn/a
Dividend Growth16.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.023
Payout ratio54%

Recent dividend and buyback updates

Recent updates

What Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) 35% Share Price Gain Is Not Telling You

Dec 26
What Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) 35% Share Price Gain Is Not Telling You

Investors Could Be Concerned With Shandong Mining Machinery Group's (SZSE:002526) Returns On Capital

Dec 18
Investors Could Be Concerned With Shandong Mining Machinery Group's (SZSE:002526) Returns On Capital

What Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) 26% Share Price Gain Is Not Telling You

Nov 11
What Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) 26% Share Price Gain Is Not Telling You

Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) Popularity With Investors Is Under Threat From Overpricing

Jun 11
Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) Popularity With Investors Is Under Threat From Overpricing

Impressive Earnings May Not Tell The Whole Story For Shandong Mining Machinery Group (SZSE:002526)

May 01
Impressive Earnings May Not Tell The Whole Story For Shandong Mining Machinery Group (SZSE:002526)

Here's Why Shandong Mining Machinery Group (SZSE:002526) Can Manage Its Debt Responsibly

Mar 19
Here's Why Shandong Mining Machinery Group (SZSE:002526) Can Manage Its Debt Responsibly

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002526's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002526's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shandong Mining Machinery Group Dividend Yield vs Market
How does 002526 dividend yield compare to the market?
SegmentDividend Yield
Company (002526)0.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Machinery)1.6%
Analyst forecast (002526) (up to 3 years)n/a

Notable Dividend: 002526's dividend (0.64%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).

High Dividend: 002526's dividend (0.64%) is low compared to the top 25% of dividend payers in the CN market (2.19%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.5%), 002526's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002526 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 Analysis2025/01/31 02:25
End of Day Share Price 2025/01/27 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

Shandong Mining Machinery Group Co., Ltd. is covered by 9 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
Ting ZhangCitic Securities Co., Ltd.
Qiang GuoFirst Capital Securities Co. LTD.
Jianjian LiFounder Securities Co., Ltd.