Western Superconducting Technologies Co., Ltd.

SHSE:688122 Stock Report

Market Cap: CN¥28.5b

Western Superconducting Technologies Dividends and Buybacks

Dividend criteria checks 2/6

Western Superconducting Technologies is a dividend paying company with a current yield of 1.62% that is well covered by earnings.

Key information

1.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.4%
Dividend Growth30.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.700
Payout ratio59%

Recent dividend and buyback updates

No updates

Recent updates

Is Western Superconducting Technologies (SHSE:688122) Using Too Much Debt?

Dec 17
Is Western Superconducting Technologies (SHSE:688122) Using Too Much Debt?

Western Superconducting Technologies (SHSE:688122) Is Experiencing Growth In Returns On Capital

Nov 25
Western Superconducting Technologies (SHSE:688122) Is Experiencing Growth In Returns On Capital

We Think That There Are More Issues For Western Superconducting Technologies (SHSE:688122) Than Just Sluggish Earnings

Nov 06
We Think That There Are More Issues For Western Superconducting Technologies (SHSE:688122) Than Just Sluggish Earnings

Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Popularity With Investors Is Clear

Sep 19
Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Popularity With Investors Is Clear

Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?

Jul 30
Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?

There's Been No Shortage Of Growth Recently For Western Superconducting Technologies' (SHSE:688122) Returns On Capital

Jun 19
There's Been No Shortage Of Growth Recently For Western Superconducting Technologies' (SHSE:688122) Returns On Capital

There's Reason For Concern Over Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Price

May 28
There's Reason For Concern Over Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Price

Western Superconducting Technologies' (SHSE:688122) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 06
Western Superconducting Technologies' (SHSE:688122) Weak Earnings May Only Reveal A Part Of The Whole Picture

Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?

Apr 25
Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?

Time To Worry? Analysts Are Downgrading Their Western Superconducting Technologies Co., Ltd. (SHSE:688122) Outlook

Apr 03
Time To Worry? Analysts Are Downgrading Their Western Superconducting Technologies Co., Ltd. (SHSE:688122) Outlook

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688122 has been paying a dividend for less than 10 years.

Growing Dividend: 688122's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Western Superconducting Technologies Dividend Yield vs Market
How does 688122 dividend yield compare to the market?
SegmentDividend Yield
Company (688122)1.6%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (688122) (up to 3 years)2.4%

Notable Dividend: 688122's dividend (1.62%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 688122's dividend (1.62%) is low compared to the top 25% of dividend payers in the CN market (2.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.9%), 688122's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (302.7%), 688122's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 15:10
End of Day Share Price 2024/12/23 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

Western Superconducting Technologies Co., Ltd. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
He Tao WangChangjiang Securities Co. LTD.
Liang LiChina Galaxy Securities Co., Ltd.
Hongbao ZhangChina Merchants Securities Co. Ltd.