China Meheco Group Dividends and Buybacks
Dividend criteria checks 4/6
China Meheco Group is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
China Meheco Group's (SHSE:600056) Profits Appear To Have Quality Issues
Nov 04
Lacklustre Performance Is Driving China Meheco Group Co., Ltd.'s (SHSE:600056) Low P/E
Sep 18Is China Meheco Group (SHSE:600056) Using Too Much Debt?
Aug 01China Meheco Group (SHSE:600056) Will Pay A Larger Dividend Than Last Year At CN¥0.2102
Jun 23Insufficient Growth At China Meheco Group Co., Ltd. (SHSE:600056) Hampers Share Price
May 28China Meheco Group's (SHSE:600056) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06A Look At The Intrinsic Value Of China Meheco Group Co., Ltd. (SHSE:600056)
Apr 25Does China Meheco Group (SHSE:600056) Have A Healthy Balance Sheet?
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600056's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600056's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Meheco Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600056) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Healthcare) | 1.7% |
| Analyst forecast (600056) (up to 3 years) | n/a |
Notable Dividend: 600056's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600056's dividend (1.8%) 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 (38.5%), 600056's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 600056's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:37 |
| 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 |
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* 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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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
China Meheco Group Co., Ltd. is covered by 12 analysts. 0 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 |
|---|---|
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Bo Chen | Chasing Securities |
| Bin Wu | China Merchants Securities Co. Ltd. |