Chongqing Shunbo AluminumLtd Dividends and Buybacks
Dividend criteria checks 3/6
Chongqing Shunbo AluminumLtd is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
-13.0%
Buyback Yield
| Total Shareholder Yield | -11.8% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 20.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0769 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Chongqing Shunbo AluminumLtd (SZSE:002996) May Have Issues Allocating Its Capital
Oct 29
Impressive Earnings May Not Tell The Whole Story For Chongqing Shunbo AluminumLtd (SZSE:002996)
Aug 30Does Chongqing Shunbo AluminumLtd (SZSE:002996) Have A Healthy Balance Sheet?
Jun 06Chongqing Shunbo Aluminum Co.,Ltd. (SZSE:002996) Stock Rockets 30% But Many Are Still Ignoring The Company
Mar 07There Are Reasons To Feel Uneasy About Chongqing Shunbo AluminumLtd's (SZSE:002996) Returns On Capital
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002996 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002996 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Chongqing Shunbo AluminumLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002996) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (002996) (up to 3 years) | 1.1% |
Notable Dividend: 002996's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002996's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.9%), 002996's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), 002996'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 | 2024/12/20 13:08 |
| 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 * |
|---|---|---|---|
| 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 |
|
* 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
Chongqing Shunbo Aluminum Co.,Ltd. is covered by 2 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 |
|---|---|
| Mengluan Liu | Guosen Securities Co., Ltd. |
| Zu Xue Qiu | Industrial Securities Co. Ltd. |