Hainan Drinda New Energy Technology Dividends and Buybacks
Dividend criteria checks 2/6
Hainan Drinda New Energy Technology is a dividend paying company with a current yield of 1.33%.
Key information
1.3%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 9.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.746 |
| Payout ratio | -14% |
Recent dividend and buyback updates
Recent updates
Is Hainan Drinda New Energy Technology (SZSE:002865) Using Too Much Debt?
Dec 02
There's No Escaping Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Muted Revenues Despite A 25% Share Price Rise
Sep 27We Think Hainan Drinda New Energy Technology (SZSE:002865) Is Taking Some Risk With Its Debt
Aug 28Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 25Here's Why Hainan Drinda New Energy Technology (SZSE:002865) Has A Meaningful Debt Burden
May 23Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462
Apr 24Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Might Not Be As Mispriced As It Looks After Plunging 26%
Apr 10Time To Worry? Analysts Are Downgrading Their Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Outlook
Mar 22Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Intrinsic Value Is Potentially 46% Above Its Share Price
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002865 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002865's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hainan Drinda New Energy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002865) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (002865) (up to 3 years) | 2.2% |
Notable Dividend: 002865's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002865's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: 002865 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.8%), 002865's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:29 |
| End of Day Share Price | 2024/12/25 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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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
Hainan Drinda New Energy Technology Co., Ltd. is covered by 6 analysts. 4 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 |
|---|---|
| Zhongshu Yin | Everbright Securities Co. Ltd. |
| Weiqi Wang | Guosen Securities Co., Ltd. |
| Shuai Wang | Industrial Securities Co. Ltd. |