Zhejiang Weiming Environment Protection Co., Ltd.

SHSE:603568 Stock Report

Market Cap: CN¥33.5b

Zhejiang Weiming Environment Protection Dividends and Buybacks

Dividend criteria checks 2/6

Zhejiang Weiming Environment Protection is a dividend paying company with a current yield of 1.27% that is well covered by earnings.

Key information

1.3%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield1.0%
Future Dividend Yield1.3%
Dividend Growth11.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.250
Payout ratio16%

Recent dividend and buyback updates

Recent updates

Zhejiang Weiming Environment Protection (SHSE:603568) Is Reinvesting At Lower Rates Of Return

Dec 17
Zhejiang Weiming Environment Protection (SHSE:603568) Is Reinvesting At Lower Rates Of Return

Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Oct 18
Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Zhejiang Weiming Environment Protection (SHSE:603568) Might Be Having Difficulty Using Its Capital Effectively

Aug 15
Zhejiang Weiming Environment Protection (SHSE:603568) Might Be Having Difficulty Using Its Capital Effectively

We Think Zhejiang Weiming Environment Protection (SHSE:603568) Can Stay On Top Of Its Debt

Jul 16
We Think Zhejiang Weiming Environment Protection (SHSE:603568) Can Stay On Top Of Its Debt

Should You Be Adding Zhejiang Weiming Environment Protection (SHSE:603568) To Your Watchlist Today?

Jun 28
Should You Be Adding Zhejiang Weiming Environment Protection (SHSE:603568) To Your Watchlist Today?

Be Wary Of Zhejiang Weiming Environment Protection (SHSE:603568) And Its Returns On Capital

Apr 21
Be Wary Of Zhejiang Weiming Environment Protection (SHSE:603568) And Its Returns On Capital

Market Cool On Zhejiang Weiming Environment Protection Co., Ltd.'s (SHSE:603568) Earnings

Apr 03
Market Cool On Zhejiang Weiming Environment Protection Co., Ltd.'s (SHSE:603568) Earnings

Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Mar 17
Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603568 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603568's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Zhejiang Weiming Environment Protection Dividend Yield vs Market
How does 603568 dividend yield compare to the market?
SegmentDividend Yield
Company (603568)1.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Commercial Services)1.5%
Analyst forecast (603568) (up to 3 years)1.3%

Notable Dividend: 603568's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).

High Dividend: 603568's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.4%), 603568's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603568 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 Analysis2025/01/07 07:27
End of Day Share Price 2025/01/07 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

Zhejiang Weiming Environment Protection Co., Ltd. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ke XuChangjiang Securities Co. LTD.
Chunyang ZhuChina Merchants Securities Co. Ltd.
Zhongshu YinEverbright Securities Co. Ltd.