Shanghai Zhezhong Group Co.,Ltd

XSEC:002346 Stock Report

Market Cap: CN¥4.2b

Shanghai Zhezhong GroupLtd Dividends and Buybacks

Dividend criteria checks 1/6

Shanghai Zhezhong GroupLtd is a dividend paying company with a current yield of 2.06%.

Key information

2.1%

Dividend yield

1.3%

Buyback Yield

Total Shareholder Yield3.4%
Future Dividend Yieldn/a
Dividend Growth18.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio-187%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 002346 has been paying a dividend for less than 10 years.

Growing Dividend: 002346's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Shanghai Zhezhong GroupLtd Dividend Yield vs Market
How does 002346 dividend yield compare to the market?
SegmentDividend Yield
Company (002346)2.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.4%
Analyst forecast (002346) (up to 3 years)n/a

Notable Dividend: 002346's dividend (2.06%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 002346's dividend (2.06%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: 002346 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (103.2%), 002346's dividend payments are not well covered by cash flows.


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