Qingdao Huijintong Power Equipment Co.,Ltd.

SHSE:603577 Stock Report

Market Cap: CN¥2.7b

Qingdao Huijintong Power EquipmentLtd Dividends and Buybacks

Dividend criteria checks 3/6

Qingdao Huijintong Power EquipmentLtd is a dividend paying company with a current yield of 1.26% that is well covered by earnings.

Key information

1.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio17%

Recent dividend and buyback updates

No updates

Recent updates

Qingdao Huijintong Power EquipmentLtd (SHSE:603577) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 06
Qingdao Huijintong Power EquipmentLtd (SHSE:603577) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Not Many Are Piling Into Qingdao Huijintong Power Equipment Co.,Ltd. (SHSE:603577) Stock Yet As It Plummets 27%

Apr 22
Not Many Are Piling Into Qingdao Huijintong Power Equipment Co.,Ltd. (SHSE:603577) Stock Yet As It Plummets 27%

Qingdao Huijintong Power EquipmentLtd's (SHSE:603577) Problems Go Beyond Weak Profit

Apr 02
Qingdao Huijintong Power EquipmentLtd's (SHSE:603577) Problems Go Beyond Weak Profit

Investors Still Aren't Entirely Convinced By Qingdao Huijintong Power Equipment Co.,Ltd.'s (SHSE:603577) Revenues Despite 33% Price Jump

Mar 08
Investors Still Aren't Entirely Convinced By Qingdao Huijintong Power Equipment Co.,Ltd.'s (SHSE:603577) Revenues Despite 33% Price Jump

Investors Met With Slowing Returns on Capital At Qingdao Huijintong Power EquipmentLtd (SHSE:603577)

Mar 07
Investors Met With Slowing Returns on Capital At Qingdao Huijintong Power EquipmentLtd (SHSE:603577)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603577 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603577's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Qingdao Huijintong Power EquipmentLtd Dividend Yield vs Market
How does 603577 dividend yield compare to the market?
SegmentDividend Yield
Company (603577)1.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (603577) (up to 3 years)n/a

Notable Dividend: 603577's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603577's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.2%), 603577's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.3%), 603577's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 08:35
End of Day Share Price 2024/12/25 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

Qingdao Huijintong Power Equipment Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen SuIndustrial Securities Co. Ltd.