Wuxi Honghui New Materials Technology Dividends and Buybacks
Dividend criteria checks 2/6
Wuxi Honghui New Materials Technology is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Wuxi Honghui New Materials Technology (SZSE:002802) Will Be Hoping To Turn Its Returns On Capital Around
Nov 25
We Think That There Are More Issues For Wuxi Honghui New Materials Technology (SZSE:002802) Than Just Sluggish Earnings
Nov 04Risks To Shareholder Returns Are Elevated At These Prices For Wuxi Honghui New Materials Technology Co., Ltd. (SZSE:002802)
Oct 23Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) 37% Price Boost Is Out Of Tune With Earnings
May 21Wuxi Honghui New Materials Technology's (SZSE:002802) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03There's Reason For Concern Over Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) Massive 27% Price Jump
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002802 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002802's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Wuxi Honghui New Materials Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002802) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (002802) (up to 3 years) | n/a |
Notable Dividend: 002802's dividend (2.17%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).
High Dividend: 002802's dividend (2.17%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 002802's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (194.9%), 002802's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 17:28 |
| End of Day Share Price | 2025/01/08 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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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
Wuxi Honghui New Materials Technology Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Xi Liu | Huatai Research |