Innovation New Material Technology Dividends and Buybacks
Dividend criteria checks 3/6
Innovation New Material Technology is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively
Dec 20
Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch
Oct 17Innovation New Material Technology Co., Ltd.'s (SHSE:600361) Shares Lagging The Market But So Is The Business
Jul 12Here's Why Innovation New Material Technology (SHSE:600361) Has A Meaningful Debt Burden
May 24Concerns Surrounding Innovation New Material Technology's (SHSE:600361) Performance
May 02Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600361's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600361's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Innovation New Material Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600361) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Retailing) | 1.8% |
| Analyst forecast (600361) (up to 3 years) | 2.7% |
Notable Dividend: 600361's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600361's dividend (1.7%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 600361's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600361 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:03 |
| End of Day Share Price | 2024/12/20 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
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
Innovation New Material Technology Co., Ltd. is covered by 16 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.
| Analyst | Institution |
|---|---|
| Changzhou Wang | China International Capital Corporation Limited |
| Zheng Wang | China International Capital Corporation Limited |
| Chong Ao | Citic Securities Co., Ltd. |