Hangzhou Zhongya Machinery Co., Ltd.

SZSE:300512 Stock Report

Market Cap: CN¥2.4b

Hangzhou Zhongya Machinery Dividend

Dividend criteria checks 1/6

Hangzhou Zhongya Machinery is a dividend paying company with a current yield of 1.7%.

Key information

1.7%

Dividend yield

135%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.074
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

There May Be Some Bright Spots In Hangzhou Zhongya Machinery's (SZSE:300512) Earnings

May 06
There May Be Some Bright Spots In Hangzhou Zhongya Machinery's (SZSE:300512) Earnings

Hangzhou Zhongya Machinery Co., Ltd.'s (SZSE:300512) Shares Climb 37% But Its Business Is Yet to Catch Up

Mar 06
Hangzhou Zhongya Machinery Co., Ltd.'s (SZSE:300512) Shares Climb 37% But Its Business Is Yet to Catch Up

Capital Allocation Trends At Hangzhou Zhongya Machinery (SZSE:300512) Aren't Ideal

Feb 27
Capital Allocation Trends At Hangzhou Zhongya Machinery (SZSE:300512) Aren't Ideal

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300512 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300512 has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Hangzhou Zhongya Machinery Dividend Yield vs Market
How does 300512 dividend yield compare to the market?
SegmentDividend Yield
Company (300512)1.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.9%
Analyst forecast in 3 Years (300512)n/a

Notable Dividend: 300512's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 300512's dividend (1.7%) is low compared to the top 25% of dividend payers in the CN market (2.41%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (134.8%), 300512's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (4245.8%), 300512's dividend payments are not well covered by cash flows.


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