Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD.

SHSE:603878 Stock Report

Market Cap: CN¥3.3b

Jiangsu Wujin Stainless Steel Pipe GroupLTD Dividends and Buybacks

Dividend criteria checks 3/6

Jiangsu Wujin Stainless Steel Pipe GroupLTD is a dividend paying company with a current yield of 9.04%.

Key information

9.0%

Dividend yield

9.2%

Buyback Yield

Total Shareholder Yield18.2%
Future Dividend Yield7.8%
Dividend Growth17.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.530
Payout ratio121%

Recent dividend and buyback updates

Recent updates

We Think Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Can Stay On Top Of Its Debt

Nov 21
We Think Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Can Stay On Top Of Its Debt

We Think That There Are More Issues For Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Than Just Sluggish Earnings

Nov 04
We Think That There Are More Issues For Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Than Just Sluggish Earnings

Insufficient Growth At Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Hampers Share Price

Sep 27
Insufficient Growth At Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Hampers Share Price

News Flash: 2 Analysts Think Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Earnings Are Under Threat

Aug 29
News Flash: 2 Analysts Think Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Earnings Are Under Threat

Jiangsu Wujin Stainless Steel Pipe GroupLTD's (SHSE:603878) Promising Earnings May Rest On Soft Foundations

May 05
Jiangsu Wujin Stainless Steel Pipe GroupLTD's (SHSE:603878) Promising Earnings May Rest On Soft Foundations

The Market Lifts Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Shares 26% But It Can Do More

Apr 10
The Market Lifts Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Shares 26% But It Can Do More

A Look At The Intrinsic Value Of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878)

Mar 20
A Look At The Intrinsic Value Of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603878 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603878's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Jiangsu Wujin Stainless Steel Pipe GroupLTD Dividend Yield vs Market
How does 603878 dividend yield compare to the market?
SegmentDividend Yield
Company (603878)9.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (603878) (up to 3 years)7.8%

Notable Dividend: 603878's dividend (9.04%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603878's dividend (9.04%) is in the top 25% of dividend payers in the CN market (2.15%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (120.5%), 603878's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), 603878's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 03:46
End of Day Share Price 2024/12/24 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

Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bin LiHuatai Research
Han Xuan QiuHuatai Research
Zhiqiang RenIndustrial Securities Co. Ltd.