Guangdong Hongxing Industrial Co., Ltd.

SZSE:001209 Stock Report

Market Cap: CN¥3.0b

Guangdong Hongxing Industrial Dividends and Buybacks

Dividend criteria checks 1/6

Guangdong Hongxing Industrial is a dividend paying company with a current yield of 0.48% that is well covered by earnings.

Key information

0.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-35.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio15%

Recent dividend and buyback updates

Recent updates

Guangdong Hongxing Industrial Co., Ltd.'s (SZSE:001209) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Nov 28
Guangdong Hongxing Industrial Co., Ltd.'s (SZSE:001209) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Guangdong Hongxing Industrial (SZSE:001209) Might Be Having Difficulty Using Its Capital Effectively

Sep 17
Guangdong Hongxing Industrial (SZSE:001209) Might Be Having Difficulty Using Its Capital Effectively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 001209 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 001209 has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

Guangdong Hongxing Industrial Dividend Yield vs Market
How does 001209 dividend yield compare to the market?
SegmentDividend Yield
Company (001209)0.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Luxury)2.9%
Analyst forecast (001209) (up to 3 years)n/a

Notable Dividend: 001209's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 001209's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.05%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.7%), 001209's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 001209 is paying a dividend but the company has no free cash flows.


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