Assure Tech (Hangzhou) Co., Ltd.

XSSC:688075 Stock Report

Market Cap: CN¥5.1b

Assure Tech (Hangzhou) Dividend

Dividend criteria checks 1/6

Assure Tech (Hangzhou) is a dividend paying company with a current yield of 1%.

Key information

1.0%

Dividend yield

113%

Payout ratio

Industry average yield1.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Earnings per shareCN¥0.71
Dividend yield forecastn/a

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 688075 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688075 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Assure Tech (Hangzhou) Dividend Yield vs Market
How does 688075 dividend yield compare to the market?
SegmentDividend Yield
Company (688075)1.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Medical Equipment)1.4%
Analyst forecast (688075) (up to 3 years)n/a

Notable Dividend: 688075's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 688075's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (113%), 688075's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 688075 is paying a dividend but the company has no free cash flows.


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