Zhejiang Wansheng Co., Ltd.

SHSE:603010 Stock Report

Market Cap: CN¥6.0b

Zhejiang Wansheng Dividends and Buybacks

Dividend criteria checks 3/6

Zhejiang Wansheng is a dividend paying company with a current yield of 1.77% that is well covered by earnings.

Key information

1.8%

Dividend yield

0.03%

Buyback Yield

Total Shareholder Yield1.8%
Future Dividend Yield1.9%
Dividend Growth15.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.185
Payout ratio80%

Recent dividend and buyback updates

Zhejiang Wansheng's (SHSE:603010) Shareholders Will Receive A Smaller Dividend Than Last Year

May 13
Zhejiang Wansheng's (SHSE:603010) Shareholders Will Receive A Smaller Dividend Than Last Year

Recent updates

There May Be Some Bright Spots In Zhejiang Wansheng's (SHSE:603010) Earnings

Nov 06
There May Be Some Bright Spots In Zhejiang Wansheng's (SHSE:603010) Earnings

Earnings Not Telling The Story For Zhejiang Wansheng Co., Ltd. (SHSE:603010) After Shares Rise 30%

Oct 28
Earnings Not Telling The Story For Zhejiang Wansheng Co., Ltd. (SHSE:603010) After Shares Rise 30%

Zhejiang Wansheng (SHSE:603010) Is Reinvesting At Lower Rates Of Return

Sep 30
Zhejiang Wansheng (SHSE:603010) Is Reinvesting At Lower Rates Of Return

Zhejiang Wansheng's (SHSE:603010) Shareholders Will Receive A Smaller Dividend Than Last Year

May 13
Zhejiang Wansheng's (SHSE:603010) Shareholders Will Receive A Smaller Dividend Than Last Year

There May Be Some Bright Spots In Zhejiang Wansheng's (SHSE:603010) Earnings

Apr 01
There May Be Some Bright Spots In Zhejiang Wansheng's (SHSE:603010) Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603010's dividend payments have been volatile in the past 10 years.

Growing Dividend: 603010's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Zhejiang Wansheng Dividend Yield vs Market
How does 603010 dividend yield compare to the market?
SegmentDividend Yield
Company (603010)1.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (603010) (up to 3 years)1.9%

Notable Dividend: 603010's dividend (1.77%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 603010's dividend (1.77%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (80.1%), 603010's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603010 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 08:04
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

Zhejiang Wansheng Co., Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hui LiChina Merchants Securities Co. Ltd.
Sherry YeChina Stock Investment Research Co. Ltd. (GZ500..com)
Sophia ZhangChina Stock Investment Research Co. Ltd. (GZ500..com)