Beijing Tongyizhong New Material Technology Corporation

SHSE:688722 Stock Report

Market Cap: CN¥3.9b

Beijing Tongyizhong New Material Technology Dividends and Buybacks

Dividend criteria checks 2/6

Beijing Tongyizhong New Material Technology is a dividend paying company with a current yield of 0.39% that is well covered by earnings.

Key information

0.4%

Dividend yield

-0.008%

Buyback Yield

Total Shareholder Yield0.4%
Future Dividend Yield0.7%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.067
Payout ratio12%

Recent dividend and buyback updates

No updates

Recent updates

Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 13
Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) Looks Inexpensive But Perhaps Not Attractive Enough

Returns On Capital At Beijing Tongyizhong New Material Technology (SHSE:688722) Have Hit The Brakes

Jan 04
Returns On Capital At Beijing Tongyizhong New Material Technology (SHSE:688722) Have Hit The Brakes

Market Might Still Lack Some Conviction On Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) Even After 37% Share Price Boost

Oct 08
Market Might Still Lack Some Conviction On Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) Even After 37% Share Price Boost

There Are Reasons To Feel Uneasy About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital

Sep 29
There Are Reasons To Feel Uneasy About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital

Here's What's Concerning About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital

Jun 04
Here's What's Concerning About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital

Why Beijing Tongyizhong New Material Technology's (SHSE:688722) Shaky Earnings Are Just The Beginning Of Its Problems

Apr 05
Why Beijing Tongyizhong New Material Technology's (SHSE:688722) Shaky Earnings Are Just The Beginning Of Its Problems

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 688722 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688722 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Beijing Tongyizhong New Material Technology Dividend Yield vs Market
How does 688722 dividend yield compare to the market?
SegmentDividend Yield
Company (688722)0.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Chemicals)1.8%
Analyst forecast (688722) (up to 3 years)0.7%

Notable Dividend: 688722's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 688722's dividend (0.39%) is low compared to the top 25% of dividend payers in the CN market (2.23%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.6%), 688722's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.8%), 688722's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 23:35
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Beijing Tongyizhong New Material Technology Corporation 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
Lin YangGuosen Securities Co., Ltd.
Junjun ZhuHaitong International Research Limited
Huaichao ZhuangHaitong International Research Limited