Nanjing Iron & Steel Co., Ltd.

SHSE:600282 Stock Report

Market Cap: CN¥28.2b

Nanjing Iron & Steel Dividends and Buybacks

Dividend criteria checks 2/6

Nanjing Iron & Steel is a dividend paying company with a current yield of 4.38%.

Key information

4.4%

Dividend yield

-0.03%

Buyback Yield

Total Shareholder Yield4.3%
Future Dividend Yield6.6%
Dividend Growth-2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio97%

Recent dividend and buyback updates

Recent updates

We Think Nanjing Iron & Steel (SHSE:600282) Is Taking Some Risk With Its Debt

Dec 20
We Think Nanjing Iron & Steel (SHSE:600282) Is Taking Some Risk With Its Debt

Nanjing Iron & Steel Co., Ltd. (SHSE:600282) Looks Inexpensive But Perhaps Not Attractive Enough

Sep 23
Nanjing Iron & Steel Co., Ltd. (SHSE:600282) Looks Inexpensive But Perhaps Not Attractive Enough

Nanjing Iron & Steel's (SHSE:600282) Shareholders May Want To Dig Deeper Than Statutory Profit

Aug 26
Nanjing Iron & Steel's (SHSE:600282) Shareholders May Want To Dig Deeper Than Statutory Profit

Is Nanjing Iron & Steel (SHSE:600282) A Risky Investment?

Aug 14
Is Nanjing Iron & Steel (SHSE:600282) A Risky Investment?

Insufficient Growth At Nanjing Iron & Steel Co., Ltd. (SHSE:600282) Hampers Share Price

Jun 17
Insufficient Growth At Nanjing Iron & Steel Co., Ltd. (SHSE:600282) Hampers Share Price

Is Nanjing Iron & Steel (SHSE:600282) Using Too Much Debt?

Apr 22
Is Nanjing Iron & Steel (SHSE:600282) Using Too Much Debt?

Nanjing Iron & Steel Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 11
Nanjing Iron & Steel Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600282 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600282's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Nanjing Iron & Steel Dividend Yield vs Market
How does 600282 dividend yield compare to the market?
SegmentDividend Yield
Company (600282)4.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (600282) (up to 3 years)6.6%

Notable Dividend: 600282's dividend (4.38%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600282's dividend (4.38%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (97.5%), 600282's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600282 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:08
End of Day Share Price 2024/12/23 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

Nanjing Iron & Steel Co., Ltd. is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuanrui LiuChangjiang Securities Co. LTD.
Wenping LiuChina Merchants Securities Co. Ltd.
Xuan WangChina Stock Investment Research Co. Ltd. (GZ500..com)