Yantai Zhenghai Magnetic Material Co., Ltd.

SZSE:300224 Stock Report

Market Cap: CN¥10.5b

Yantai Zhenghai Magnetic Material Dividends and Buybacks

Dividend criteria checks 4/6

Yantai Zhenghai Magnetic Material is a dividend paying company with a current yield of 1.58% that is well covered by earnings.

Key information

1.6%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield1.9%
Future Dividend Yield1.6%
Dividend Growth9.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio61%

Recent dividend and buyback updates

Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Apr 24
Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Recent updates

Yantai Zhenghai Magnetic Material (SZSE:300224) Has A Somewhat Strained Balance Sheet

Jan 06
Yantai Zhenghai Magnetic Material (SZSE:300224) Has A Somewhat Strained Balance Sheet

There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Dec 15
There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Nov 22
Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Oct 08
Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Sep 26
Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Jun 26
Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Apr 24
Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

Apr 22
Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

Apr 03
We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Mar 19
We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300224's dividend payments have been volatile in the past 10 years.

Growing Dividend: 300224's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Yantai Zhenghai Magnetic Material Dividend Yield vs Market
How does 300224 dividend yield compare to the market?
SegmentDividend Yield
Company (300224)1.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Electrical)1.6%
Analyst forecast (300224) (up to 3 years)1.6%

Notable Dividend: 300224's dividend (1.58%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).

High Dividend: 300224's dividend (1.58%) is low compared to the top 25% of dividend payers in the CN market (2.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.8%), 300224's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), 300224'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 Analysis2025/01/10 12:57
End of Day Share Price 2025/01/10 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

Yantai Zhenghai Magnetic Material Co., Ltd. is covered by 11 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
Jian Jun ZouChasing Securities
Qianming WangEverbright Securities Co. Ltd.
Lufa MingFounder Securities Co., Ltd.