Wankai New Materials Co., Ltd.

SZSE:301216 Stock Report

Market Cap: CN¥5.5b

Wankai New Materials Dividends and Buybacks

Dividend criteria checks 1/6

Wankai New Materials is a dividend paying company with a current yield of 1.4%.

Key information

1.4%

Dividend yield

0.7%

Buyback Yield

Total Shareholder Yield2.1%
Future Dividend Yield1.7%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.150
Payout ratio-56%

Recent dividend and buyback updates

Recent updates

Is Wankai New Materials (SZSE:301216) A Risky Investment?

Dec 19
Is Wankai New Materials (SZSE:301216) A Risky Investment?

Capital Allocation Trends At Wankai New Materials (SZSE:301216) Aren't Ideal

Jun 07
Capital Allocation Trends At Wankai New Materials (SZSE:301216) Aren't Ideal

Wankai New Materials' (SZSE:301216) Shareholders Have More To Worry About Than Only Soft Earnings

May 02
Wankai New Materials' (SZSE:301216) Shareholders Have More To Worry About Than Only Soft Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 301216 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 301216's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Wankai New Materials Dividend Yield vs Market
How does 301216 dividend yield compare to the market?
SegmentDividend Yield
Company (301216)1.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (301216) (up to 3 years)1.7%

Notable Dividend: 301216's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 301216's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.07%).


Earnings Payout to Shareholders

Earnings Coverage: 301216 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: 301216 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 Analysis2024/12/20 11:01
End of Day Share Price 2024/12/20 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

Wankai New Materials Co., Ltd. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yudao QinChina International Capital Corporation Limited
Wang ZheCitic Securities Co., Ltd.
Zhe WangCitic Securities Co., Ltd.