Micro-Tech (Nanjing)Ltd Dividends and Buybacks
Dividend criteria checks 3/6
Micro-Tech (Nanjing)Ltd is a dividend paying company with a current yield of 1.44% that is well covered by earnings.
Key information
1.4%
Dividend yield
0%
Buyback Yield
Total Shareholder Yield | 1.4% |
Future Dividend Yield | 1.4% |
Dividend Growth | 26.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.000 |
Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital Are Heading Higher
Nov 21Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story
Oct 01Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital
Aug 07Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors
Jul 16An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued
Apr 17Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688029 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688029's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Micro-Tech (Nanjing)Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (688029) | 1.4% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast (688029) (up to 3 years) | 1.4% |
Notable Dividend: 688029's dividend (1.44%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688029's dividend (1.44%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 688029's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.9%), 688029's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/20 12:08 |
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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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
Micro-Tech (Nanjing) Co.,Ltd is covered by 15 analysts. 5 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 |
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Jin Zhang | China International Capital Corporation Limited |
Bo Yu | China International Capital Corporation Limited |
Feifei Xu | China Merchants Securities Co. Ltd. |