Shandong Liancheng Precision Manufacturing Co., Ltd

SZSE:002921 Stock Report

Market Cap: CN¥1.3b

Shandong Liancheng Precision Manufacturing Dividends and Buybacks

Dividend criteria checks 2/6

Shandong Liancheng Precision Manufacturing is a dividend paying company with a current yield of 0.93%.

Key information

0.9%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield1.4%
Future Dividend Yieldn/a
Dividend Growth4.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio-43%

Recent dividend and buyback updates

Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10

Jun 03
Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10

Recent updates

Returns On Capital At Shandong Liancheng Precision Manufacturing (SZSE:002921) Paint A Concerning Picture

Dec 03
Returns On Capital At Shandong Liancheng Precision Manufacturing (SZSE:002921) Paint A Concerning Picture

Revenues Not Telling The Story For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) After Shares Rise 29%

Dec 03
Revenues Not Telling The Story For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) After Shares Rise 29%

Risks To Shareholder Returns Are Elevated At These Prices For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921)

Sep 30
Risks To Shareholder Returns Are Elevated At These Prices For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921)

Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10

Jun 03
Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10

Shandong Liancheng Precision Manufacturing (SZSE:002921) May Have Issues Allocating Its Capital

Apr 04
Shandong Liancheng Precision Manufacturing (SZSE:002921) May Have Issues Allocating Its Capital

Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) Investors Are Less Pessimistic Than Expected

Feb 29
Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) Investors Are Less Pessimistic Than Expected

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002921 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002921 has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Shandong Liancheng Precision Manufacturing Dividend Yield vs Market
How does 002921 dividend yield compare to the market?
SegmentDividend Yield
Company (002921)0.9%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (002921) (up to 3 years)n/a

Notable Dividend: 002921's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002921's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: 002921 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.7%), 002921's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 22:06
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Shandong Liancheng Precision Manufacturing Co., Ltd is covered by 0 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.

AnalystInstitution