Micro-Tech (Nanjing) Co.,Ltd

SHSE:688029 Stock Report

Market Cap: CN¥13.0b

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 Yield1.4%
Future Dividend Yield1.4%
Dividend Growth26.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥1.000
Payout ratio51%

Recent dividend and buyback updates

Recent updates

Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital Are Heading Higher

Nov 21
Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital Are Heading Higher

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 01
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Aug 07
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

Jul 16
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Apr 17
An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Mar 19
Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Stability 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
How does 688029 dividend yield compare to the market?
SegmentDividend Yield
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.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:08
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

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.

AnalystInstitution
Jin ZhangChina International Capital Corporation Limited
Bo YuChina International Capital Corporation Limited
Feifei XuChina Merchants Securities Co. Ltd.