Hangzhou Alltest Biotech Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Alltest Biotech is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 86% |
Recent dividend and buyback updates
Recent updates
Hangzhou Alltest Biotech (SHSE:688606) May Have Issues Allocating Its Capital
Nov 22
Revenues Not Telling The Story For Hangzhou Alltest Biotech Co., Ltd. (SHSE:688606) After Shares Rise 27%
Oct 01Lacklustre Performance Is Driving Hangzhou Alltest Biotech Co., Ltd.'s (SHSE:688606) Low P/E
Aug 01Here's What's Concerning About Hangzhou Alltest Biotech's (SHSE:688606) Returns On Capital
Jun 08There Are Some Holes In Hangzhou Alltest Biotech's (SHSE:688606) Solid Earnings Release
May 03Optimistic Investors Push Hangzhou Alltest Biotech Co., Ltd. (SHSE:688606) Shares Up 27% But Growth Is Lacking
Apr 25Stability 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 4 years.
Dividend Yield vs Market
| Hangzhou Alltest Biotech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688606) | 2.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (688606) (up to 3 years) | n/a |
Notable Dividend: 688606's dividend (2.36%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688606's dividend (2.36%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.9%), 688606's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (220.4%), 688606's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:14 |
| End of Day Share Price | 2024/12/26 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
Hangzhou Alltest Biotech Co., Ltd. is covered by 0 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 |
|---|