Hengli Petrochemical Co.,Ltd.

SHSE:600346 Stock Report

Market Cap: CN¥107.6b

Hengli PetrochemicalLtd Dividends and Buybacks

Dividend criteria checks 3/6

Hengli PetrochemicalLtd is a dividend paying company with a current yield of 3.6% that is well covered by earnings.

Key information

3.6%

Dividend yield

-0.003%

Buyback Yield

Total Shareholder Yield3.6%
Future Dividend Yield5.8%
Dividend Growth4.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.550
Payout ratio61%

Recent dividend and buyback updates

No updates

Recent updates

Hengli Petrochemical Co.,Ltd. (SHSE:600346) Doing What It Can To Lift Shares

Nov 10
Hengli Petrochemical Co.,Ltd. (SHSE:600346) Doing What It Can To Lift Shares

When Should You Buy Hengli Petrochemical Co.,Ltd. (SHSE:600346)?

Oct 23
When Should You Buy Hengli Petrochemical Co.,Ltd. (SHSE:600346)?

Here's What To Make Of Hengli PetrochemicalLtd's (SHSE:600346) Decelerating Rates Of Return

Oct 07
Here's What To Make Of Hengli PetrochemicalLtd's (SHSE:600346) Decelerating Rates Of Return

Hengli PetrochemicalLtd (SHSE:600346) Use Of Debt Could Be Considered Risky

Sep 06
Hengli PetrochemicalLtd (SHSE:600346) Use Of Debt Could Be Considered Risky

Investors Don't See Light At End Of Hengli Petrochemical Co.,Ltd.'s (SHSE:600346) Tunnel

Aug 12
Investors Don't See Light At End Of Hengli Petrochemical Co.,Ltd.'s (SHSE:600346) Tunnel

Why Hengli Petrochemical Co.,Ltd. (SHSE:600346) Could Be Worth Watching

Jun 28
Why Hengli Petrochemical Co.,Ltd. (SHSE:600346) Could Be Worth Watching

Investors Will Want Hengli PetrochemicalLtd's (SHSE:600346) Growth In ROCE To Persist

May 27
Investors Will Want Hengli PetrochemicalLtd's (SHSE:600346) Growth In ROCE To Persist

Is Hengli PetrochemicalLtd (SHSE:600346) Using Too Much Debt?

May 12
Is Hengli PetrochemicalLtd (SHSE:600346) Using Too Much Debt?

Results: Hengli Petrochemical Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 25
Results: Hengli Petrochemical Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Hengli PetrochemicalLtd's (SHSE:600346) Earnings Are Of Questionable Quality

Apr 16
Hengli PetrochemicalLtd's (SHSE:600346) Earnings Are Of Questionable Quality

Hengli Petrochemical Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Apr 11
Hengli Petrochemical Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Is Hengli Petrochemical Co.,Ltd. (SHSE:600346) Potentially Undervalued?

Feb 29
Is Hengli Petrochemical Co.,Ltd. (SHSE:600346) Potentially Undervalued?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600346 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600346's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Hengli PetrochemicalLtd Dividend Yield vs Market
How does 600346 dividend yield compare to the market?
SegmentDividend Yield
Company (600346)3.6%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (600346) (up to 3 years)5.8%

Notable Dividend: 600346's dividend (3.6%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 600346's dividend (3.6%) is in the top 25% of dividend payers in the CN market (2.13%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.1%), 600346's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600346 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 Analysis2024/12/27 19:55
End of Day Share Price 2024/12/27 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

Hengli Petrochemical Co.,Ltd. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ce ZhouChasing Securities
Bei Na YanChina International Capital Corporation Limited
Zhizhong JingChina Merchants Securities Co. Ltd.