Zhejiang Hongchang Electrical Technology Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Hongchang Electrical Technology is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.429 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings
Nov 06
Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 28Zhejiang Hongchang Electrical Technology (SZSE:301008) May Have Issues Allocating Its Capital
Jul 28We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings
May 05Calculating The Fair Value Of Zhejiang Hongchang Electrical Technology Co., Ltd. (SZSE:301008)
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301008 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301008 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Hongchang Electrical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301008) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301008) (up to 3 years) | n/a |
Notable Dividend: 301008's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301008's dividend (2.18%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), 301008's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301008 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:21 |
| End of Day Share Price | 2024/12/27 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 |
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* 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 Hongchang Electrical Technology Co., Ltd. is covered by 0 analysts. 0 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 |
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