MeiHua Holdings Group Co.,Ltd

SHSE:600873 Stock Report

Market Cap: CN¥30.5b

MeiHua Holdings GroupLtd Dividends and Buybacks

Dividend criteria checks 5/6

MeiHua Holdings GroupLtd is a dividend paying company with a current yield of 3.29% that is well covered by earnings.

Key information

3.3%

Dividend yield

2.9%

Buyback Yield

Total Shareholder Yield6.2%
Future Dividend Yield1.8%
Dividend Growth2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.352
Payout ratio58%

Recent dividend and buyback updates

Recent updates

Investors Will Want MeiHua Holdings GroupLtd's (SHSE:600873) Growth In ROCE To Persist

Nov 08
Investors Will Want MeiHua Holdings GroupLtd's (SHSE:600873) Growth In ROCE To Persist

An Intrinsic Calculation For MeiHua Holdings Group Co.,Ltd (SHSE:600873) Suggests It's 49% Undervalued

Oct 09
An Intrinsic Calculation For MeiHua Holdings Group Co.,Ltd (SHSE:600873) Suggests It's 49% Undervalued

These 4 Measures Indicate That MeiHua Holdings GroupLtd (SHSE:600873) Is Using Debt Reasonably Well

Sep 06
These 4 Measures Indicate That MeiHua Holdings GroupLtd (SHSE:600873) Is Using Debt Reasonably Well

MeiHua Holdings GroupLtd (SHSE:600873) Is Very Good At Capital Allocation

Jul 12
MeiHua Holdings GroupLtd (SHSE:600873) Is Very Good At Capital Allocation

Insufficient Growth At MeiHua Holdings Group Co.,Ltd (SHSE:600873) Hampers Share Price

May 02
Insufficient Growth At MeiHua Holdings Group Co.,Ltd (SHSE:600873) Hampers Share Price

Weak Statutory Earnings May Not Tell The Whole Story For MeiHua Holdings GroupLtd (SHSE:600873)

Apr 15
Weak Statutory Earnings May Not Tell The Whole Story For MeiHua Holdings GroupLtd (SHSE:600873)

MeiHua Holdings GroupLtd (SHSE:600873) Has A Pretty Healthy Balance Sheet

Apr 07
MeiHua Holdings GroupLtd (SHSE:600873) Has A Pretty Healthy Balance Sheet

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600873's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600873's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

MeiHua Holdings GroupLtd Dividend Yield vs Market
How does 600873 dividend yield compare to the market?
SegmentDividend Yield
Company (600873)3.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (600873) (up to 3 years)1.8%

Notable Dividend: 600873's dividend (3.29%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600873's dividend (3.29%) is in the top 25% of dividend payers in the CN market (2.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58%), 600873's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 600873's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:01
End of Day Share Price 2024/12/20 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

MeiHua Holdings Group Co.,Ltd is covered by 9 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
Yan LiuChangjiang Securities Co. LTD.
Yilin HouChina International Capital Corporation Limited
Guangyang DongChina Merchants Securities Co. Ltd.