Hangzhou Alltest Biotech Co., Ltd.

SHSE:688606 Stock Report

Market Cap: CN¥5.2b

Hangzhou Alltest Biotech Dividend

Dividend criteria checks 1/6

Hangzhou Alltest Biotech is a dividend paying company with a current yield of 2.26%.

Key information

2.3%

Dividend yield

-724%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥2.36
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Optimistic Investors Push Hangzhou Alltest Biotech Co., Ltd. (SHSE:688606) Shares Up 27% But Growth Is Lacking

Apr 25
Optimistic Investors Push Hangzhou Alltest Biotech Co., Ltd. (SHSE:688606) Shares Up 27% But Growth Is Lacking

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 688606 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688606's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Hangzhou Alltest Biotech Dividend Yield vs Market
How does 688606 dividend yield compare to the market?
SegmentDividend Yield
Company (688606)2.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Medical Equipment)1.6%
Analyst forecast in 3 Years (688606)n/a

Notable Dividend: 688606's dividend (2.26%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 688606's dividend (2.26%) is low compared to the top 25% of dividend payers in the CN market (2.35%).


Earnings Payout to Shareholders

Earnings Coverage: 688606 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: 688606 is paying a dividend but the company has no free cash flows.


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