Luoyang Jianlong Micro-nano New Material Dividends and Buybacks
Dividend criteria checks 2/6
Luoyang Jianlong Micro-nano New Material is a dividend paying company with a current yield of 2.13% that is well covered by earnings.
Key information
2.1%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 25.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 78% |
Recent dividend and buyback updates
No updates
Recent updates
Luoyang Jianlong Micro-nano New Material Co., Ltd (SHSE:688357) Stock Catapults 38% Though Its Price And Business Still Lag The Market
Oct 07
Investors Could Be Concerned With Luoyang Jianlong Micro-nano New Material's (SHSE:688357) Returns On Capital
Oct 01Luoyang Jianlong Micro-nano New Material Co., Ltd's (SHSE:688357) Analyst Just Slashed This Year's Estimates
Sep 04Time To Worry? Analysts Are Downgrading Their Luoyang Jianlong Micro-nano New Material Co., Ltd (SHSE:688357) Outlook
Apr 24The Returns On Capital At Luoyang Jianlong Micro-nano New Material (SHSE:688357) Don't Inspire Confidence
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688357 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688357's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Luoyang Jianlong Micro-nano New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688357) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688357) (up to 3 years) | 2.1% |
Notable Dividend: 688357's dividend (2.13%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688357's dividend (2.13%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.7%), 688357's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 688357's cash payout ratio to determine if its dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:13 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Luoyang Jianlong Micro-nano New Material Co., Ltd is covered by 4 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.
| Analyst | Institution |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |
| Zhiyang Zhang | Industrial Securities Co. Ltd. |