Sinoma Energy Conservation Ltd.

SHSE:603126 Stock Report

Market Cap: CN¥3.7b

Sinoma Energy Conservation Dividend

Dividend criteria checks 2/6

Sinoma Energy Conservation is a dividend paying company with a current yield of 1.36% that is well covered by earnings.

Key information

1.4%

Dividend yield

37%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.22
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Sinoma Energy Conservation (SHSE:603126)

Apr 22
Weak Statutory Earnings May Not Tell The Whole Story For Sinoma Energy Conservation (SHSE:603126)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603126 has been paying a dividend for less than 10 years.

Growing Dividend: 603126's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Sinoma Energy Conservation Dividend Yield vs Market
How does 603126 dividend yield compare to the market?
SegmentDividend Yield
Company (603126)1.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Commercial Services)1.6%
Analyst forecast in 3 Years (603126)n/a

Notable Dividend: 603126's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 603126's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.4%), 603126's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (2303.4%), 603126's dividend payments are not well covered by cash flows.


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