Jiangsu Asia-Pacific Light Alloy Technology Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Asia-Pacific Light Alloy Technology is a dividend paying company with a current yield of 7.64%.
Key information
7.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 20.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.485 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
Jiangsu Asia-Pacific Light Alloy Technology (SZSE:002540) Is Doing The Right Things To Multiply Its Share Price
Nov 18
Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.'s (SZSE:002540) Share Price Is Matching Sentiment Around Its Earnings
Oct 15Jiangsu Asia-Pacific Light Alloy Technology (SZSE:002540) Has A Pretty Healthy Balance Sheet
May 25Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.'s (SZSE:002540) Intrinsic Value Is Potentially 46% Above Its Share Price
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002540's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002540's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu Asia-Pacific Light Alloy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002540) | 7.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002540) (up to 3 years) | 3.3% |
Notable Dividend: 002540's dividend (7.64%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002540's dividend (7.64%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.2%), 002540's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (205.8%), 002540's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:41 |
| End of Day Share Price | 2024/12/23 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 |
| |
| 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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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
Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. is covered by 9 analysts. 3 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 |
|---|---|
| Junfei Bai | Citic Securities Co., Ltd. |
| Chong Ao | Citic Securities Co., Ltd. |
| Qianming Wang | Everbright Securities Co. Ltd. |