Shanghai Chemspec Corporation

SHSE:688602 Stock Report

Market Cap: CN¥3.7b

Shanghai Chemspec Dividends and Buybacks

Dividend criteria checks 2/6

Shanghai Chemspec is a dividend paying company with a current yield of 0.92%.

Key information

0.9%

Dividend yield

-1.6%

Buyback Yield

Total Shareholder Yield-0.7%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.066
Payout ratio-234%

Recent dividend and buyback updates

No updates

Recent updates

Is Shanghai Chemspec (SHSE:688602) Using Debt In A Risky Way?

Dec 18
Is Shanghai Chemspec (SHSE:688602) Using Debt In A Risky Way?

Investors Could Be Concerned With Shanghai Chemspec's (SHSE:688602) Returns On Capital

Aug 22
Investors Could Be Concerned With Shanghai Chemspec's (SHSE:688602) Returns On Capital

Shanghai Chemspec (SHSE:688602) Posted Weak Earnings But There Is More To Worry About

May 01
Shanghai Chemspec (SHSE:688602) Posted Weak Earnings But There Is More To Worry About

Pinning Down Shanghai Chemspec Corporation's (SHSE:688602) P/E Is Difficult Right Now

Feb 27
Pinning Down Shanghai Chemspec Corporation's (SHSE:688602) P/E Is Difficult Right Now

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 688602's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688602's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Shanghai Chemspec Dividend Yield vs Market
How does 688602 dividend yield compare to the market?
SegmentDividend Yield
Company (688602)0.9%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (688602) (up to 3 years)n/a

Notable Dividend: 688602's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 688602's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (2.11%).


Earnings Payout to Shareholders

Earnings Coverage: 688602 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), 688602's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 09:50
End of Day Share Price 2024/12/27 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

Shanghai Chemspec Corporation 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