Zhejiang Zhengte Co., Ltd.

SZSE:001238 Stock Report

Market Cap: CN¥2.9b

Zhejiang Zhengte Dividends and Buybacks

Dividend criteria checks 0/6

Zhejiang Zhengte is a dividend paying company with a current yield of 0.26%.

Key information

0.3%

Dividend yield

0.02%

Buyback Yield

Total Shareholder Yield0.3%
Future Dividend Yield0.3%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.070
Payout ratio54%

Recent dividend and buyback updates

Recent updates

There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

May 09
There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Feb 26
Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 001238 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 001238 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Zhejiang Zhengte Dividend Yield vs Market
How does 001238 dividend yield compare to the market?
SegmentDividend Yield
Company (001238)0.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Consumer Durables)3.5%
Analyst forecast (001238) (up to 3 years)0.3%

Notable Dividend: 001238's dividend (0.26%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 001238's dividend (0.26%) is low compared to the top 25% of dividend payers in the CN market (2.19%).


Earnings Payout to Shareholders

Earnings Coverage: 001238 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 001238 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 Analysis2025/01/03 12:00
End of Day Share Price 2025/01/03 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 Zhengte Co., Ltd. is covered by 4 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
Zhuonan XuChina International Capital Corporation Limited
Zhengfu LiuChina International Capital Corporation Limited
Li LiuChina Merchants Securities Co. Ltd.