Hengerda New Materials (Fujian) Co., Ltd.

SZSE:300946 Stock Report

Market Cap: CN¥3.2b

Hengerda New Materials (Fujian) Dividends and Buybacks

Dividend criteria checks 2/6

Hengerda New Materials (Fujian) is a dividend paying company with a current yield of 0.92% that is well covered by earnings.

Key information

0.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth10.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.230
Payout ratio29%

Recent dividend and buyback updates

Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

May 22
Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

Recent updates

There Are Reasons To Feel Uneasy About Hengerda New Materials (Fujian)'s (SZSE:300946) Returns On Capital

Sep 27
There Are Reasons To Feel Uneasy About Hengerda New Materials (Fujian)'s (SZSE:300946) Returns On Capital

Investor Optimism Abounds Hengerda New Materials (Fujian) Co., Ltd. (SZSE:300946) But Growth Is Lacking

Jun 26
Investor Optimism Abounds Hengerda New Materials (Fujian) Co., Ltd. (SZSE:300946) But Growth Is Lacking

Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

May 22
Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

May 01
We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

Hengerda New Materials (Fujian) Co., Ltd.'s (SZSE:300946) Business Is Trailing The Market But Its Shares Aren't

Feb 26
Hengerda New Materials (Fujian) Co., Ltd.'s (SZSE:300946) Business Is Trailing The Market But Its Shares Aren't

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 300946 has been paying a dividend for less than 10 years.

Growing Dividend: 300946 has only been paying a dividend for 4 years, and since then payments have fallen.


Dividend Yield vs Market

Hengerda New Materials (Fujian) Dividend Yield vs Market
How does 300946 dividend yield compare to the market?
SegmentDividend Yield
Company (300946)0.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Machinery)1.7%
Analyst forecast (300946) (up to 3 years)n/a

Notable Dividend: 300946's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 300946's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (2.19%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.1%), 300946's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 300946 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 09:11
End of Day Share Price 2025/01/03 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

Hengerda New Materials (Fujian) Co., Ltd. is covered by 2 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
Jiancong YuanCitic Securities Co., Ltd.
Jingtao LiCitic Securities Co., Ltd.