Bichamp Cutting Technology (Hunan) Co., Ltd.

SZSE:002843 Stock Report

Market Cap: CN¥5.8b

Bichamp Cutting Technology (Hunan) Dividends and Buybacks

Dividend criteria checks 2/6

Bichamp Cutting Technology (Hunan) is a dividend paying company with a current yield of 0.84% that is well covered by earnings.

Key information

0.8%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield0.6%
Future Dividend Yieldn/a
Dividend Growth-23.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio52%

Recent dividend and buyback updates

Recent updates

After Leaping 27% Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Shares Are Not Flying Under The Radar

Dec 25
After Leaping 27% Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Shares Are Not Flying Under The Radar

Further Upside For Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Shares Could Introduce Price Risks After 39% Bounce

Oct 14
Further Upside For Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Shares Could Introduce Price Risks After 39% Bounce

Why Bichamp Cutting Technology (Hunan)'s (SZSE:002843) Shaky Earnings Are Just The Beginning Of Its Problems

Sep 04
Why Bichamp Cutting Technology (Hunan)'s (SZSE:002843) Shaky Earnings Are Just The Beginning Of Its Problems

The Market Doesn't Like What It Sees From Bichamp Cutting Technology (Hunan) Co., Ltd.'s (SZSE:002843) Earnings Yet As Shares Tumble 31%

Jul 18
The Market Doesn't Like What It Sees From Bichamp Cutting Technology (Hunan) Co., Ltd.'s (SZSE:002843) Earnings Yet As Shares Tumble 31%

Bichamp Cutting Technology (Hunan) (SZSE:002843) Will Be Hoping To Turn Its Returns On Capital Around

Jun 10
Bichamp Cutting Technology (Hunan) (SZSE:002843) Will Be Hoping To Turn Its Returns On Capital Around

Does Bichamp Cutting Technology (Hunan) (SZSE:002843) Have A Healthy Balance Sheet?

May 24
Does Bichamp Cutting Technology (Hunan) (SZSE:002843) Have A Healthy Balance Sheet?

Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing

Apr 17
Bichamp Cutting Technology (Hunan) Co., Ltd. (SZSE:002843) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002843 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002843's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Bichamp Cutting Technology (Hunan) Dividend Yield vs Market
How does 002843 dividend yield compare to the market?
SegmentDividend Yield
Company (002843)0.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Machinery)1.6%
Analyst forecast (002843) (up to 3 years)n/a

Notable Dividend: 002843's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002843's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.2%), 002843's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (2330%), 002843's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 06:11
End of Day Share Price 2024/12/26 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

Bichamp Cutting Technology (Hunan) Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen HeChasing Securities
Min JiCitic Securities Co., Ltd.
Shang Wen ChengIndustrial Securities Co. Ltd.