Zhejiang Gongdong Medical Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Gongdong Medical Technology is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Zhejiang Gongdong Medical Technology's (SHSE:605369) Returns On Capital
Sep 23
Zhejiang Gongdong Medical Technology Co., Ltd.'s (SHSE:605369) P/E Still Appears To Be Reasonable
Jun 07Estimating The Intrinsic Value Of Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369)
Mar 28Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369) Looks Just Right With A 27% Price Jump
Mar 06Zhejiang Gongdong Medical Technology (SHSE:605369) Is Reinvesting At Lower Rates Of Return
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605369 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605369 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Gongdong Medical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605369) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (605369) (up to 3 years) | 5.2% |
Notable Dividend: 605369's dividend (2.04%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 605369's dividend (2.04%) 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 (49.8%), 605369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.8%), 605369's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:34 |
| 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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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
Zhejiang Gongdong Medical Technology Co., Ltd. is covered by 3 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 |
|---|---|
| Shuo Song | Citic Securities Co., Ltd. |
| Siyu Peng | Guosen Securities Co., Ltd. |
| Muqing Xie | Zhongtai Securities Co. Ltd. |