Zhejiang Jihua Group Co., Ltd.

SHSE:603980 Stock Report

Market Cap: CN¥3.1b

Zhejiang Jihua Group Dividends and Buybacks

Dividend criteria checks 2/6

Zhejiang Jihua Group is a dividend paying company with a current yield of 1.55%.

Key information

1.5%

Dividend yield

2.6%

Buyback Yield

Total Shareholder Yield4.2%
Future Dividend Yieldn/a
Dividend Growth4.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.070
Payout ratio-100%

Recent dividend and buyback updates

Recent updates

Zhejiang Jihua Group Co., Ltd.'s (SHSE:603980) Shareholders Might Be Looking For Exit

Oct 03
Zhejiang Jihua Group Co., Ltd.'s (SHSE:603980) Shareholders Might Be Looking For Exit

Subdued Growth No Barrier To Zhejiang Jihua Group Co., Ltd. (SHSE:603980) With Shares Advancing 27%

May 08
Subdued Growth No Barrier To Zhejiang Jihua Group Co., Ltd. (SHSE:603980) With Shares Advancing 27%

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603980 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603980 has only been paying a dividend for 6 years, and since then payments have fallen.


Dividend Yield vs Market

Zhejiang Jihua Group Dividend Yield vs Market
How does 603980 dividend yield compare to the market?
SegmentDividend Yield
Company (603980)1.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (603980) (up to 3 years)n/a

Notable Dividend: 603980's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 603980's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.07%).


Earnings Payout to Shareholders

Earnings Coverage: 603980 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (82.5%), 603980's dividend payments are covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:52
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

Zhejiang Jihua Group Co., Ltd. is covered by 0 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