Angel Yeast Co., Ltd

SHSE:600298 Stock Report

Market Cap: CN¥30.8b

Angel Yeast Dividends and Buybacks

Dividend criteria checks 4/6

Angel Yeast is a dividend paying company with a current yield of 1.41% that is well covered by earnings.

Key information

1.4%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield1.8%
Future Dividend Yield2.0%
Dividend Growth6.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.500
Payout ratio33%

Recent dividend and buyback updates

Recent updates

Angel Yeast Co., Ltd (SHSE:600298) Shares Could Be 46% Below Their Intrinsic Value Estimate

Dec 10
Angel Yeast Co., Ltd (SHSE:600298) Shares Could Be 46% Below Their Intrinsic Value Estimate

Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Nov 22
Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Earnings Troubles May Signal Larger Issues for Angel Yeast (SHSE:600298) Shareholders

Nov 06
Earnings Troubles May Signal Larger Issues for Angel Yeast (SHSE:600298) Shareholders

Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden

Oct 29
Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden

Angel Yeast (SHSE:600298) Will Want To Turn Around Its Return Trends

Oct 14
Angel Yeast (SHSE:600298) Will Want To Turn Around Its Return Trends

Estimating The Fair Value Of Angel Yeast Co., Ltd (SHSE:600298)

Aug 29
Estimating The Fair Value Of Angel Yeast Co., Ltd (SHSE:600298)

These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively

Investors Aren't Buying Angel Yeast Co., Ltd's (SHSE:600298) Earnings

Jul 12
Investors Aren't Buying Angel Yeast Co., Ltd's (SHSE:600298) Earnings

Angel Yeast (SHSE:600298) Will Be Hoping To Turn Its Returns On Capital Around

May 22
Angel Yeast (SHSE:600298) Will Be Hoping To Turn Its Returns On Capital Around

Is Angel Yeast Co., Ltd (SHSE:600298) Worth CN¥30.5 Based On Its Intrinsic Value?

May 07
Is Angel Yeast Co., Ltd (SHSE:600298) Worth CN¥30.5 Based On Its Intrinsic Value?

Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Apr 12
Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Solid Earnings May Not Tell The Whole Story For Angel Yeast (SHSE:600298)

Mar 25
Solid Earnings May Not Tell The Whole Story For Angel Yeast (SHSE:600298)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600298's dividends per share have been stable in the past 10 years.

Growing Dividend: 600298's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Angel Yeast Dividend Yield vs Market
How does 600298 dividend yield compare to the market?
SegmentDividend Yield
Company (600298)1.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Food)2.1%
Analyst forecast (600298) (up to 3 years)2.0%

Notable Dividend: 600298's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600298's dividend (1.41%) 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 (32.7%), 600298's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600298 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 Analysis2024/12/23 09:43
End of Day Share Price 2024/12/23 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

Angel Yeast Co., Ltd is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siti Bte SalikinCFRA Equity Research
Qiwei WangChangjiang Securities Co. LTD.
Jing HuangChasing Securities