Shenzhen Inovance Technology Co.,Ltd

SZSE:300124 Stock Report

Market Cap: CN¥160.0b

Shenzhen Inovance TechnologyLtd Dividends and Buybacks

Dividend criteria checks 4/6

Shenzhen Inovance TechnologyLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.

Key information

0.8%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield0.5%
Future Dividend Yield1.1%
Dividend Growth-9.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.450
Payout ratio25%

Recent dividend and buyback updates

Recent updates

Is Shenzhen Inovance TechnologyLtd (SZSE:300124) A Risky Investment?

Nov 14
Is Shenzhen Inovance TechnologyLtd (SZSE:300124) A Risky Investment?

Returns At Shenzhen Inovance TechnologyLtd (SZSE:300124) Appear To Be Weighed Down

Oct 15
Returns At Shenzhen Inovance TechnologyLtd (SZSE:300124) Appear To Be Weighed Down

Investors Appear Satisfied With Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Prospects

Sep 16
Investors Appear Satisfied With Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Prospects

Shenzhen Inovance TechnologyLtd's (SZSE:300124) Shareholders May Want To Dig Deeper Than Statutory Profit

Sep 02
Shenzhen Inovance TechnologyLtd's (SZSE:300124) Shareholders May Want To Dig Deeper Than Statutory Profit

A Look At The Intrinsic Value Of Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)

Aug 21
A Look At The Intrinsic Value Of Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)

Is There Now An Opportunity In Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)?

Aug 08
Is There Now An Opportunity In Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)?

Here's Why Shenzhen Inovance TechnologyLtd (SZSE:300124) Can Manage Its Debt Responsibly

Jul 25
Here's Why Shenzhen Inovance TechnologyLtd (SZSE:300124) Can Manage Its Debt Responsibly

Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Price Is Out Of Tune With Earnings

May 26
Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Price Is Out Of Tune With Earnings

At CN¥63.77, Is Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Worth Looking At Closely?

May 08
At CN¥63.77, Is Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Worth Looking At Closely?

If EPS Growth Is Important To You, Shenzhen Inovance TechnologyLtd (SZSE:300124) Presents An Opportunity

Apr 18
If EPS Growth Is Important To You, Shenzhen Inovance TechnologyLtd (SZSE:300124) Presents An Opportunity

Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Shares Could Be 29% Below Their Intrinsic Value Estimate

Mar 28
Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Shares Could Be 29% Below Their Intrinsic Value Estimate

Shenzhen Inovance TechnologyLtd (SZSE:300124) Seems To Use Debt Quite Sensibly

Mar 14
Shenzhen Inovance TechnologyLtd (SZSE:300124) Seems To Use Debt Quite Sensibly

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300124's dividend payments have been volatile in the past 10 years.

Growing Dividend: 300124's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shenzhen Inovance TechnologyLtd Dividend Yield vs Market
How does 300124 dividend yield compare to the market?
SegmentDividend Yield
Company (300124)0.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Machinery)1.6%
Analyst forecast (300124) (up to 3 years)1.1%

Notable Dividend: 300124's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 300124's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.3%), 300124's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 300124's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:06
End of Day Share Price 2024/12/25 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

Shenzhen Inovance Technology Co.,Ltd is covered by 46 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
Ming-Hsun LeeBofA Global Research
Hui ChenBohai Securities Co., Ltd.