Chongyi Zhangyuan Tungsten Dividends and Buybacks
Dividend criteria checks 4/6
Chongyi Zhangyuan Tungsten is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.003%
Buyback Yield
Total Shareholder Yield | 0.9% |
Future Dividend Yield | 0.9% |
Dividend Growth | 29.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.060 |
Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Chongyi Zhangyuan Tungsten's (SZSE:002378) Solid Profits Have Weak Fundamentals
Nov 04With Chongyi Zhangyuan Tungsten Co., Ltd. (SZSE:002378) It Looks Like You'll Get What You Pay For
Oct 16Does Chongyi Zhangyuan Tungsten (SZSE:002378) Have A Healthy Balance Sheet?
Sep 25Returns On Capital At Chongyi Zhangyuan Tungsten (SZSE:002378) Have Stalled
Jul 18Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) Earnings Haven't Escaped The Attention Of Investors
Jun 11Here's Why Chongyi Zhangyuan Tungsten (SZSE:002378) Has A Meaningful Debt Burden
May 21There May Be Some Bright Spots In Chongyi Zhangyuan Tungsten's (SZSE:002378) Earnings
Apr 29Why Investors Shouldn't Be Surprised By Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) 25% Share Price Surge
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002378's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002378's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Chongyi Zhangyuan Tungsten Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (002378) | 0.9% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Metals and Mining) | 2.3% |
Analyst forecast (002378) (up to 3 years) | 0.9% |
Notable Dividend: 002378's dividend (0.88%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002378's dividend (0.88%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 002378's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), 002378's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 02:11 |
End of Day Share Price | 2024/12/20 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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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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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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
Chongyi Zhangyuan Tungsten Co., Ltd. is covered by 9 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 |
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Yubo Dong | China International Capital Corporation Limited |
Jian Xin Guan | China Minzu Securities |
Vincent Chan | Credit Suisse |