Sunresin New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 3/6
Sunresin New MaterialsLtd is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 16.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.568 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Do Sunresin New MaterialsLtd's (SZSE:300487) Earnings Warrant Your Attention?
Dec 11
We Think Sunresin New MaterialsLtd (SZSE:300487) Can Manage Its Debt With Ease
Nov 25Why Investors Shouldn't Be Surprised By Sunresin New Materials Co.,Ltd's (SZSE:300487) 41% Share Price Surge
Oct 01Sunresin New MaterialsLtd (SZSE:300487) Is Achieving High Returns On Its Capital
Aug 29Here's Why Sunresin New MaterialsLtd (SZSE:300487) Has Caught The Eye Of Investors
Aug 12Why Investors Shouldn't Be Surprised By Sunresin New Materials Co.,Ltd's (SZSE:300487) P/E
Jul 02Sunresin New MaterialsLtd's (SZSE:300487) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 29Sunresin New Materials Co.,Ltd (SZSE:300487) Analysts Just Slashed This Year's Estimates
Apr 24We Ran A Stock Scan For Earnings Growth And Sunresin New MaterialsLtd (SZSE:300487) Passed With Ease
Apr 15Sunresin New Materials Co.,Ltd's (SZSE:300487) Popularity With Investors Is Under Threat From Overpricing
Mar 13Under The Bonnet, Sunresin New MaterialsLtd's (SZSE:300487) Returns Look Impressive
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300487 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300487's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Sunresin New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300487) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (300487) (up to 3 years) | 1.9% |
Notable Dividend: 300487's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300487's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), 300487's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.5%), 300487's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:54 |
| End of Day Share Price | 2024/12/18 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
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
Sunresin New Materials Co.,Ltd is covered by 17 analysts. 10 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 |
|---|---|
| Ce Zhou | Chasing Securities |
| Jian Jun Zou | Chasing Securities |
| Yigong Tao | China Galaxy Securities Co., Ltd. |