Shenzhen Xinyichang Technology Co., Ltd.

SHSE:688383 Stock Report

Market Cap: CN¥4.8b

Shenzhen Xinyichang Technology Dividends and Buybacks

Dividend criteria checks 2/6

Shenzhen Xinyichang Technology is a dividend paying company with a current yield of 0.42% that is well covered by earnings.

Key information

0.4%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield0.6%
Future Dividend Yield1.4%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio28%

Recent dividend and buyback updates

Recent updates

Some Investors May Be Worried About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

Nov 28
Some Investors May Be Worried About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

A Look At The Fair Value Of Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383)

Oct 23
A Look At The Fair Value Of Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383)

Shenzhen Xinyichang Technology Co., Ltd.'s (SHSE:688383) P/E Is Still On The Mark Following 30% Share Price Bounce

Oct 01
Shenzhen Xinyichang Technology Co., Ltd.'s (SHSE:688383) P/E Is Still On The Mark Following 30% Share Price Bounce

Investors Give Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Shares A 27% Hiding

Jul 23
Investors Give Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Shares A 27% Hiding

Some Investors May Be Worried About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

Jul 04
Some Investors May Be Worried About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

Shenzhen Xinyichang Technology (SHSE:688383) Takes On Some Risk With Its Use Of Debt

Jun 07
Shenzhen Xinyichang Technology (SHSE:688383) Takes On Some Risk With Its Use Of Debt

There May Be Reason For Hope In Shenzhen Xinyichang Technology's (SHSE:688383) Disappointing Earnings

May 06
There May Be Reason For Hope In Shenzhen Xinyichang Technology's (SHSE:688383) Disappointing Earnings

Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Analysts Are More Bearish Than They Used To Be

May 02
Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Analysts Are More Bearish Than They Used To Be

Positive Sentiment Still Eludes Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Following 25% Share Price Slump

Apr 21
Positive Sentiment Still Eludes Shenzhen Xinyichang Technology Co., Ltd. (SHSE:688383) Following 25% Share Price Slump

Here's What's Concerning About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

Mar 01
Here's What's Concerning About Shenzhen Xinyichang Technology's (SHSE:688383) Returns On Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 688383 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688383 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Shenzhen Xinyichang Technology Dividend Yield vs Market
How does 688383 dividend yield compare to the market?
SegmentDividend Yield
Company (688383)0.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.1%
Industry Average (Semiconductor)0.8%
Analyst forecast (688383) (up to 3 years)1.4%

Notable Dividend: 688383's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688383's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.8%), 688383's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23%), 688383's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 05:24
End of Day Share Price 2024/12/25 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

Shenzhen Xinyichang Technology Co., Ltd. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jian DingChina International Capital Corporation Limited
Tao XuCitic Securities Co., Ltd.
Hongda ZhengHaitong International Research Limited