Jiangsu Changhai Composite Materials Co., Ltd

SZSE:300196 Stock Report

Market Cap: CN¥4.5b

Jiangsu Changhai Composite Materials Dividends and Buybacks

Dividend criteria checks 3/6

Jiangsu Changhai Composite Materials is a dividend paying company with a current yield of 1.36% that is well covered by earnings.

Key information

1.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.7%
Dividend Growth7.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.150
Payout ratio29%

Recent dividend and buyback updates

Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last Year

May 26
Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last Year

Recent updates

There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On Capital

Dec 19
There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On Capital

Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without Risk

Nov 14
Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without Risk

At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?

Oct 13
At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?

Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?

Sep 27
Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?

Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last Year

May 26
Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last Year

Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 21
Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts Substantially

Apr 20
Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts Substantially

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300196's dividend payments have been volatile in the past 10 years.

Growing Dividend: 300196's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Jiangsu Changhai Composite Materials Dividend Yield vs Market
How does 300196 dividend yield compare to the market?
SegmentDividend Yield
Company (300196)1.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (300196) (up to 3 years)2.7%

Notable Dividend: 300196's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 300196's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.9%), 300196's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 300196 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:35
End of Day Share Price 2024/12/24 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

Jiangsu Changhai Composite Materials Co., Ltd is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jingru MaBohai Securities Co., Ltd.
Chao FanChangjiang Securities Co. LTD.
Ting WangChina Galaxy Securities Co., Ltd.