Heilongjiang Agriculture Company Limited

SHSE:600598 Stock Report

Market Cap: CN¥25.5b

Heilongjiang Agriculture Dividends and Buybacks

Dividend criteria checks 5/6

Heilongjiang Agriculture is a dividend paying company with a current yield of 3.06% that is well covered by earnings.

Key information

3.1%

Dividend yield

0.01%

Buyback Yield

Total Shareholder Yield3.1%
Future Dividend Yield3.1%
Dividend Growth1.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.440
Payout ratio70%

Recent dividend and buyback updates

Recent updates

Insufficient Growth At Heilongjiang Agriculture Company Limited (SHSE:600598) Hampers Share Price

Nov 26
Insufficient Growth At Heilongjiang Agriculture Company Limited (SHSE:600598) Hampers Share Price

We Think Heilongjiang Agriculture's (SHSE:600598) Healthy Earnings Might Be Conservative

Nov 04
We Think Heilongjiang Agriculture's (SHSE:600598) Healthy Earnings Might Be Conservative

A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)

Sep 23
A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)

Heilongjiang Agriculture (SHSE:600598) Hasn't Managed To Accelerate Its Returns

Jul 16
Heilongjiang Agriculture (SHSE:600598) Hasn't Managed To Accelerate Its Returns

Heilongjiang Agriculture Company Limited's (SHSE:600598) Prospects Need A Boost To Lift Shares

Jun 19
Heilongjiang Agriculture Company Limited's (SHSE:600598) Prospects Need A Boost To Lift Shares

Heilongjiang Agriculture's (SHSE:600598) Dividend Will Be Increased To CN¥0.44

May 22
Heilongjiang Agriculture's (SHSE:600598) Dividend Will Be Increased To CN¥0.44

Heilongjiang Agriculture's (SHSE:600598) Solid Earnings Have Been Accounted For Conservatively

Apr 04
Heilongjiang Agriculture's (SHSE:600598) Solid Earnings Have Been Accounted For Conservatively

The Returns At Heilongjiang Agriculture (SHSE:600598) Aren't Growing

Mar 28
The Returns At Heilongjiang Agriculture (SHSE:600598) Aren't Growing

A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)

Mar 07
A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600598's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600598's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Heilongjiang Agriculture Dividend Yield vs Market
How does 600598 dividend yield compare to the market?
SegmentDividend Yield
Company (600598)3.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Food)2.1%
Analyst forecast (600598) (up to 3 years)3.1%

Notable Dividend: 600598's dividend (3.06%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600598's dividend (3.06%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.1%), 600598's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (66.6%), 600598's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:47
End of Day Share Price 2024/12/20 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

Heilongjiang Agriculture Company Limited is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Feiyang YuanChina International Capital Corporation Limited
Siyang WangChina International Capital Corporation Limited
Jun HuangChina Merchants Securities Co. Ltd.