Luoyang Xinqianglian Slewing Bearing Dividends and Buybacks
Dividend criteria checks 0/6
Luoyang Xinqianglian Slewing Bearing is a dividend paying company with a current yield of 0.52%.
Key information
0.5%
Dividend yield
-4.7%
Buyback Yield
| Total Shareholder Yield | -4.2% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 28.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.104 |
| Payout ratio | -4,628% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Luoyang Xinqianglian Slewing Bearing's (SZSE:300850) Returns On Capital
Nov 26
Market Participants Recognise Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings Pushing Shares 53% Higher
Oct 08Investors Could Be Concerned With Luoyang Xinqianglian Slewing Bearing's (SZSE:300850) Returns On Capital
Aug 18A Piece Of The Puzzle Missing From Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) 25% Share Price Climb
Jul 28Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Is Increasing Its Dividend To CN¥0.104
May 21Shareholders In Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Should Look Beyond Earnings For The Full Story
Apr 25Market Cool On Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300850 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300850 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Luoyang Xinqianglian Slewing Bearing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300850) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (300850) (up to 3 years) | 0.5% |
Notable Dividend: 300850's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300850's dividend (0.52%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: 300850 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 300850 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:53 |
| End of Day Share Price | 2024/12/26 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
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
Luoyang Xinqianglian Slewing Bearing 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.
| Analyst | Institution |
|---|---|
| Yue Li | Citic Securities Co., Ltd. |
| Dennis Ip | Daiwa Securities Co. Ltd. |
| Chao Ji | Goldman Sachs |