Zhejiang Changsheng Sliding Bearings Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Changsheng Sliding Bearings is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.403 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Improved Earnings Required Before Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Stock's 25% Jump Looks Justified
Dec 24
Returns On Capital Are Showing Encouraging Signs At Zhejiang Changsheng Sliding Bearings (SZSE:300718)
Dec 18Zhejiang Changsheng Sliding Bearings (SZSE:300718) Could Easily Take On More Debt
Nov 28Zhejiang Changsheng Sliding Bearings Co., Ltd.'s (SZSE:300718) Shares Leap 40% Yet They're Still Not Telling The Full Story
Oct 08Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Held Back By Insufficient Growth Even After Shares Climb 31%
Aug 21Does Zhejiang Changsheng Sliding Bearings (SZSE:300718) Have A Healthy Balance Sheet?
May 21Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300718 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300718's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Changsheng Sliding Bearings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300718) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (300718) (up to 3 years) | 3.4% |
Notable Dividend: 300718's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300718's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), 300718's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.4%), 300718's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:08 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Zhejiang Changsheng Sliding Bearings Co., Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Weizhi Yuan | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |