Jiangsu Tongrun Equipment TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Tongrun Equipment TechnologyLtd is a dividend paying company with a current yield of 0.54% that is well covered by earnings.
Key information
0.5%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | -0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -10.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Jiangsu Tongrun Equipment TechnologyLtd's (SZSE:002150) Earnings Are Of Questionable Quality
Nov 03
Is Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150) A Risky Investment?
Aug 23Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150)
May 01Some Confidence Is Lacking In Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) As Shares Slide 26%
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002150's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002150's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Jiangsu Tongrun Equipment TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002150) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Durables) | 3.4% |
| Analyst forecast (002150) (up to 3 years) | n/a |
Notable Dividend: 002150's dividend (0.54%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002150's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), 002150's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002150 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 | 2024/12/28 20:37 |
| End of Day Share Price | 2024/12/27 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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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
Jiangsu Tongrun Equipment Technology Co.,Ltd is covered by 2 analysts. 0 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Jin Ju Sun | Guotai Junan Securities |