Grinm Advanced Materials Dividends and Buybacks
Dividend criteria checks 2/6
Grinm Advanced Materials is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
-4.4%
Buyback Yield
| Total Shareholder Yield | -3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.138 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Grinm Advanced Materials Co., Ltd. (SHSE:600206) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Dec 25
Returns Are Gaining Momentum At Grinm Advanced Materials (SHSE:600206)
Dec 16Subdued Growth No Barrier To Grinm Advanced Materials Co., Ltd. (SHSE:600206) With Shares Advancing 28%
Nov 10Grinm Advanced Materials' (SHSE:600206) Profits May Not Reveal Underlying Issues
Nov 06Grinm Advanced Materials Co., Ltd.'s (SHSE:600206) Share Price Could Signal Some Risk
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600206 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600206's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Grinm Advanced Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600206) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (600206) (up to 3 years) | n/a |
Notable Dividend: 600206's dividend (0.88%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600206's dividend (0.88%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), 600206's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600206 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 05:40 |
| End of Day Share Price | 2024/12/31 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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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
Grinm Advanced Materials Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |