China National Gold Group Gold Jewellery Co.,Ltd.

SHSE:600916 Stock Report

Market Cap: CN¥14.8b

China National Gold Group Gold JewelleryLtd Dividends and Buybacks

Dividend criteria checks 4/6

China National Gold Group Gold JewelleryLtd is a dividend paying company with a current yield of 5.11% that is well covered by earnings.

Key information

5.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield6.6%
Dividend Growth39.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.450
Payout ratio78%

Recent dividend and buyback updates

No updates

Recent updates

China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively

Nov 05
China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively

China National Gold Group Gold JewelleryLtd (SHSE:600916) Might Become A Compounding Machine

Sep 26
China National Gold Group Gold JewelleryLtd (SHSE:600916) Might Become A Compounding Machine

Is China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 12
Is China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Expensive For A Reason? A Look At Its Intrinsic Value

Should You Think About Buying China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Now?

Jun 17
Should You Think About Buying China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Now?

China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value

May 27
China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value

China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively

May 06
China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively

Investors Don't See Light At End Of China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Tunnel

Mar 28
Investors Don't See Light At End Of China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Tunnel

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 600916 has been paying a dividend for less than 10 years.

Growing Dividend: 600916's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

China National Gold Group Gold JewelleryLtd Dividend Yield vs Market
How does 600916 dividend yield compare to the market?
SegmentDividend Yield
Company (600916)5.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Luxury)2.8%
Analyst forecast (600916) (up to 3 years)6.6%

Notable Dividend: 600916's dividend (5.11%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600916's dividend (5.11%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77.6%), 600916's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (24.5%), 600916's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:49
End of Day Share Price 2024/12/20 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

China National Gold Group Gold Jewellery Co.,Ltd. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Weixuan ZhenChina Galaxy Securities Co., Ltd.
Yifan DuCitic Securities Co., Ltd.
Hao JiangEverbright Securities Co. Ltd.