Shanghai Pret Composites Co., Ltd.

SZSE:002324 Stock Report

Market Cap: CN¥10.5b

Shanghai Pret Composites Dividend

Dividend criteria checks 1/6

Shanghai Pret Composites is a dividend paying company with a current yield of 0.53% that is well covered by earnings.

Key information

0.5%

Dividend yield

12%

Payout ratio

Industry average yield2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.40
Dividend yield forecast in 3Y2.3%

Recent dividend updates

Recent updates

Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Jun 09
Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

May 22
Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Apr 30
Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Apr 28
Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Apr 25
Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Mar 06
Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002324's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002324's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Shanghai Pret Composites Dividend Yield vs Market
How does 2324 dividend yield compare to the market?
SegmentDividend Yield
Company (2324)0.5%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Chemicals)2.0%
Analyst forecast in 3 Years (2324)2.3%

Notable Dividend: 002324's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 002324's dividend (0.53%) is low compared to the top 25% of dividend payers in the CN market (2.41%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.1%), 002324's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002324 is paying a dividend but the company has no free cash flows.


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