Shandong Kaisheng New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Kaisheng New MaterialsLtd is a dividend paying company with a current yield of 0.68%.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 110% |
Recent dividend and buyback updates
Recent updates
Shandong Kaisheng New MaterialsLtd (SZSE:301069) Takes On Some Risk With Its Use Of Debt
Dec 31
Returns On Capital Signal Tricky Times Ahead For Shandong Kaisheng New MaterialsLtd (SZSE:301069)
Dec 10We Think That There Are More Issues For Shandong Kaisheng New MaterialsLtd (SZSE:301069) Than Just Sluggish Earnings
Nov 01Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares Climb 27% But Its Business Is Yet to Catch Up
Sep 30Unpleasant Surprises Could Be In Store For Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares
Jun 26Here's Why Shandong Kaisheng New MaterialsLtd (SZSE:301069) Has A Meaningful Debt Burden
May 13Shandong Kaisheng New MaterialsLtd (SZSE:301069) Could Be Struggling To Allocate Capital
Apr 12After Leaping 28% Shandong Kaisheng New Materials Co.,Ltd. (SZSE:301069) Shares Are Not Flying Under The Radar
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301069 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301069 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Kaisheng New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301069) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (301069) (up to 3 years) | n/a |
Notable Dividend: 301069's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 301069's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.8%), 301069's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), 301069's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 09:33 |
| End of Day Share Price | 2025/01/07 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
Shandong Kaisheng New Materials Co.,Ltd. is covered by 3 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 |
|---|---|
| Jie Tang | Tianfeng Securities Brokerage Co., Ltd |
| Zhifeng Dai | Zhongtai Securities Co. Ltd. |
| Nan Xie | Zhongtai Securities Co. Ltd. |