Wafer Works (Shanghai) Co., Ltd.

SHSE:688584 Stock Report

Market Cap: CN¥14.3b

Wafer Works (Shanghai) Dividends and Buybacks

Dividend criteria checks 1/6

Wafer Works (Shanghai) is a dividend paying company with a current yield of 1.36%.

Key information

1.4%

Dividend yield

-9.9%

Buyback Yield

Total Shareholder Yield-8.5%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.300
Payout ratio174%

Recent dividend and buyback updates

Recent updates

Subdued Growth No Barrier To Wafer Works (Shanghai) Co., Ltd. (SHSE:688584) With Shares Advancing 26%

Nov 18
Subdued Growth No Barrier To Wafer Works (Shanghai) Co., Ltd. (SHSE:688584) With Shares Advancing 26%

We Think That There Are More Issues For Wafer Works (Shanghai) (SHSE:688584) Than Just Sluggish Earnings

Sep 05
We Think That There Are More Issues For Wafer Works (Shanghai) (SHSE:688584) Than Just Sluggish Earnings

Is Wafer Works (Shanghai) (SHSE:688584) Using Too Much Debt?

Jul 23
Is Wafer Works (Shanghai) (SHSE:688584) Using Too Much Debt?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 688584's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688584's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Wafer Works (Shanghai) Dividend Yield vs Market
How does 688584 dividend yield compare to the market?
SegmentDividend Yield
Company (688584)1.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Semiconductor)0.8%
Analyst forecast (688584) (up to 3 years)n/a

Notable Dividend: 688584's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 688584's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (174.3%), 688584's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (165%), 688584's dividend payments are not well covered by cash flows.


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