Shanghai Pret Composites Dividends and Buybacks
Dividend criteria checks 1/6
Shanghai Pret Composites is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0401 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Market Cool On Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Earnings Pushing Shares 25% Lower
Jan 07
Investors Met With Slowing Returns on Capital At Shanghai Pret Composites (SZSE:002324)
Jan 06Shanghai Pret Composites Co., Ltd. (SZSE:002324) Looks Just Right With A 26% Price Jump
Nov 20Earnings Troubles May Signal Larger Issues for Shanghai Pret Composites (SZSE:002324) Shareholders
Oct 29Is Shanghai Pret Composites Co., Ltd. (SZSE:002324) Trading At A 30% Discount?
Oct 28We Think Shanghai Pret Composites (SZSE:002324) Is Taking Some Risk With Its Debt
Oct 13Shanghai Pret Composites (SZSE:002324) Shareholders Will Want The ROCE Trajectory To Continue
Sep 25News Flash: 3 Analysts Think Shanghai Pret Composites Co., Ltd. (SZSE:002324) Earnings Are Under Threat
Sep 03Shanghai Pret Composites Co., Ltd. (SZSE:002324) Could Be Riskier Than It Looks
Aug 21Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet
Jun 09Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist
May 22Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates
Apr 30Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%
Apr 28Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem
Apr 25Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely
Mar 06Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002324) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (002324) (up to 3 years) | 1.1% |
Notable Dividend: 002324's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.59%).
High Dividend: 002324's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.6%), 002324's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002324 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 07:15 |
| End of Day Share Price | 2025/01/10 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 |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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 Pret Composites Co., Ltd. is covered by 10 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.
| Analyst | Institution |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Kaiming Fu | China International Capital Corporation Limited |
| Qiushi Qi | China Minzu Securities |