Jiangsu Yanghe Distillery Co., Ltd.

SZSE:002304 Stock Report

Market Cap: CN¥126.1b

Jiangsu Yanghe Distillery Dividends and Buybacks

Dividend criteria checks 5/6

Jiangsu Yanghe Distillery is a dividend paying company with a current yield of 5.48% that is well covered by earnings.

Key information

5.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield5.7%
Dividend Growth7.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥4.660
Payout ratio84%

Recent dividend and buyback updates

Jiangsu Yanghe Distillery (SZSE:002304) Has Announced That It Will Be Increasing Its Dividend To CN¥4.66

Jun 20
Jiangsu Yanghe Distillery (SZSE:002304) Has Announced That It Will Be Increasing Its Dividend To CN¥4.66

Recent updates

Jiangsu Yanghe Distillery Co., Ltd. (SZSE:002304) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 20
Jiangsu Yanghe Distillery Co., Ltd. (SZSE:002304) Looks Inexpensive But Perhaps Not Attractive Enough

Jiangsu Yanghe Distillery Co., Ltd. Just Missed EPS By 71%: Here's What Analysts Think Will Happen Next

Nov 04
Jiangsu Yanghe Distillery Co., Ltd. Just Missed EPS By 71%: Here's What Analysts Think Will Happen Next

Be Wary Of Jiangsu Yanghe Distillery (SZSE:002304) And Its Returns On Capital

Sep 23
Be Wary Of Jiangsu Yanghe Distillery (SZSE:002304) And Its Returns On Capital

Benign Growth For Jiangsu Yanghe Distillery Co., Ltd. (SZSE:002304) Underpins Its Share Price

Aug 08
Benign Growth For Jiangsu Yanghe Distillery Co., Ltd. (SZSE:002304) Underpins Its Share Price

Jiangsu Yanghe Distillery (SZSE:002304) Has Announced That It Will Be Increasing Its Dividend To CN¥4.66

Jun 20
Jiangsu Yanghe Distillery (SZSE:002304) Has Announced That It Will Be Increasing Its Dividend To CN¥4.66

Is It Time To Consider Buying Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304)?

Jun 12
Is It Time To Consider Buying Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304)?

Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Apr 30
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) Low P/E No Reason For Excitement

Mar 20
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) Low P/E No Reason For Excitement

Jiangsu Yanghe Brewery (SZSE:002304) Is Reinvesting To Multiply In Value

Feb 28
Jiangsu Yanghe Brewery (SZSE:002304) Is Reinvesting To Multiply In Value

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002304's dividends per share have been stable in the past 10 years.

Growing Dividend: 002304's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Jiangsu Yanghe Distillery Dividend Yield vs Market
How does 002304 dividend yield compare to the market?
SegmentDividend Yield
Company (002304)5.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Beverage)3.1%
Analyst forecast (002304) (up to 3 years)5.7%

Notable Dividend: 002304's dividend (5.48%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 002304's dividend (5.48%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.7%), 002304's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (184.7%), 002304's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:07
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

Jiangsu Yanghe Distillery Co., Ltd. is covered by 52 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen LuoBofA Global Research
Jian Xiong LimCFRA Equity Research
Lei YangCGS International