Shanghai Datun Energy Resources Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Datun Energy Resources is a dividend paying company with a current yield of 3.13%.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 165% |
Recent dividend and buyback updates
No updates
Recent updates
We Think Shanghai Datun Energy Resources (SHSE:600508) Is Taking Some Risk With Its Debt
Nov 26
Why Shanghai Datun Energy Resources' (SHSE:600508) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 30Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508) Not Lagging Industry On Growth Or Pricing
Sep 25Here's Why Shanghai Datun Energy Resources (SHSE:600508) Can Manage Its Debt Responsibly
Jul 16Many Still Looking Away From Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508)
Jun 20Here's What's Concerning About Shanghai Datun Energy Resources' (SHSE:600508) Returns On Capital
May 23Investors Continue Waiting On Sidelines For Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508)
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600508 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600508's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shanghai Datun Energy Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600508) | 3.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Oil and Gas) | 6.6% |
| Analyst forecast (600508) (up to 3 years) | n/a |
Notable Dividend: 600508's dividend (3.13%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 600508's dividend (3.13%) is in the top 25% of dividend payers in the CN market (2.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (165%), 600508's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (358.4%), 600508's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 11:25 |
| End of Day Share Price | 2025/01/03 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
Shanghai Datun Energy Resources Co., Ltd. is covered by 9 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.
| Analyst | Institution |
|---|---|
| Qingyang Huang | AJ Securities Co., Ltd |
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Ping Lu | China Merchants Securities Co. Ltd. |