Zhejiang Taihua New Material Group Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Taihua New Material Group is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Zhejiang Taihua New Material Group Co., Ltd.'s (SHSE:603055) Price Is Right But Growth Is Lacking
Jan 02
Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 18These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively
Oct 11We Think That There Are Issues Underlying Zhejiang Taihua New Material Group's (SHSE:603055) Earnings
Sep 02Do Zhejiang Taihua New Material Group's (SHSE:603055) Earnings Warrant Your Attention?
Aug 14Cautious Investors Not Rewarding Zhejiang Taihua New Material Group Co., Ltd.'s (SHSE:603055) Performance Completely
Jul 28Returns On Capital Signal Tricky Times Ahead For Zhejiang Taihua New Material Group (SHSE:603055)
Jul 12Zhejiang Taihua New MaterialLtd (SHSE:603055) Has A Somewhat Strained Balance Sheet
May 13Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates
Apr 12Many Still Looking Away From Zhejiang Taihua New Material Co.,Ltd (SHSE:603055)
Mar 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603055 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603055's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Taihua New Material Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603055) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (603055) (up to 3 years) | 3.3% |
Notable Dividend: 603055's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 603055's dividend (1.5%) 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 (19.6%), 603055's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603055 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 04:58 |
| End of Day Share Price | 2025/01/07 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 |
|
* 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 Taihua New Material Group Co., Ltd. is covered by 6 analysts. 5 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 |
|---|---|
| Chongguang Feng | Citic Securities Co., Ltd. |
| Shijie Ding | Guosen Securities Co., Ltd. |
| Huanyu Lin | Industrial Securities Co. Ltd. |