Hi-Trend Technology (Shanghai) Co., Ltd.

SHSE:688391 Stock Report

Market Cap: CN¥3.1b

Hi-Trend Technology (Shanghai) Dividend

Dividend criteria checks 3/6

Hi-Trend Technology (Shanghai) is a dividend paying company with a current yield of 2.18% that is well covered by earnings.

Key information

2.2%

Dividend yield

62%

Payout ratio

Industry average yield1.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.552
Earnings per shareCN¥0.89
Dividend yield forecastn/a

Recent dividend updates

No updates

Recent updates

Hi-Trend Technology (Shanghai)'s (SHSE:688391) Shareholders Have More To Worry About Than Only Soft Earnings

May 03
Hi-Trend Technology (Shanghai)'s (SHSE:688391) Shareholders Have More To Worry About Than Only Soft Earnings

Hi-Trend Technology (Shanghai) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively

Apr 21
Hi-Trend Technology (Shanghai) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively

Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Mar 04
Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 688391's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688391's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Hi-Trend Technology (Shanghai) Dividend Yield vs Market
How does 688391 dividend yield compare to the market?
SegmentDividend Yield
Company (688391)2.2%
Market Bottom 25% (CN)0.8%
Market Top 25% (CN)2.8%
Industry Average (Semiconductor)1.1%
Analyst forecast (688391) (up to 3 years)n/a

Notable Dividend: 688391's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).

High Dividend: 688391's dividend (2.18%) is low compared to the top 25% of dividend payers in the CN market (2.76%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.7%), 688391's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), 688391's dividend payments are well covered by cash flows.


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