Shenyang Fortune Precision Equipment Dividends and Buybacks
Dividend criteria checks 2/6
Shenyang Fortune Precision Equipment is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -21.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Here's Why We Think Shenyang Fortune Precision Equipment (SHSE:688409) Might Deserve Your Attention Today
Nov 24
Solid Earnings May Not Tell The Whole Story For Shenyang Fortune Precision Equipment (SHSE:688409)
Nov 06The Return Trends At Shenyang Fortune Precision Equipment (SHSE:688409) Look Promising
Oct 23We Think Shenyang Fortune Precision Equipment (SHSE:688409) Can Stay On Top Of Its Debt
Sep 26Returns Are Gaining Momentum At Shenyang Fortune Precision Equipment (SHSE:688409)
Jul 25Shenyang Fortune Precision Equipment (SHSE:688409) Takes On Some Risk With Its Use Of Debt
Jun 02Weak Statutory Earnings May Not Tell The Whole Story For Shenyang Fortune Precision Equipment (SHSE:688409)
May 06Shenyang Fortune Precision Equipment (SHSE:688409) Is Doing The Right Things To Multiply Its Share Price
Apr 21Further Upside For Shenyang Fortune Precision Equipment Co., Ltd. (SHSE:688409) Shares Could Introduce Price Risks After 28% Bounce
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688409 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688409 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenyang Fortune Precision Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688409) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (688409) (up to 3 years) | 1.9% |
Notable Dividend: 688409's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688409's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.4%), 688409's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688409 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:24 |
| End of Day Share Price | 2024/12/24 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
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
Shenyang Fortune Precision Equipment Co., Ltd. is covered by 11 analysts. 5 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 |
|---|---|
| Jiongyi Hu | China International Capital Corporation Limited |
| Tao Xu | Citic Securities Co., Ltd. |
| Jia Ning Chen | Everbright Securities Co. Ltd. |