Hefei Meyer Optoelectronic Technology Inc.

SZSE:002690 Stock Report

Market Cap: CN¥13.1b

Hefei Meyer Optoelectronic Technology Dividends and Buybacks

Dividend criteria checks 5/6

Hefei Meyer Optoelectronic Technology is a dividend paying company with a current yield of 4.69%.

Key information

4.7%

Dividend yield

0.02%

Buyback Yield

Total Shareholder Yield4.7%
Future Dividend Yield5.2%
Dividend Growth15.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.700
Payout ratio98%

Recent dividend and buyback updates

Recent updates

Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

Oct 08
Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

There's No Escaping Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Muted Earnings

Aug 08
There's No Escaping Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Muted Earnings

Hefei Meyer Optoelectronic Technology (SZSE:002690) Is Investing Its Capital With Increasing Efficiency

May 22
Hefei Meyer Optoelectronic Technology (SZSE:002690) Is Investing Its Capital With Increasing Efficiency

Investors Aren't Buying Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Earnings

Apr 25
Investors Aren't Buying Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Earnings

Hefei Meyer Optoelectronic Technology (SZSE:002690) Strong Profits May Be Masking Some Underlying Issues

Apr 05
Hefei Meyer Optoelectronic Technology (SZSE:002690) Strong Profits May Be Masking Some Underlying Issues

Earnings Miss: Hefei Meyer Optoelectronic Technology Inc. Missed EPS By 6.4% And Analysts Are Revising Their Forecasts

Apr 02
Earnings Miss: Hefei Meyer Optoelectronic Technology Inc. Missed EPS By 6.4% And Analysts Are Revising Their Forecasts

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002690's dividends per share have been stable in the past 10 years.

Growing Dividend: 002690's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hefei Meyer Optoelectronic Technology Dividend Yield vs Market
How does 002690 dividend yield compare to the market?
SegmentDividend Yield
Company (002690)4.7%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Machinery)1.6%
Analyst forecast (002690) (up to 3 years)5.2%

Notable Dividend: 002690's dividend (4.69%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 002690's dividend (4.69%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (97.6%), 002690's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (84.5%), 002690's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:12
End of Day Share Price 2024/12/23 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

Hefei Meyer Optoelectronic Technology Inc. is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hongwei HuangChasing Securities
Lingxin KongChina International Capital Corporation Limited
Jia YanChina International Capital Corporation Limited