Zhejiang Jingsheng Mechanical & Electrical Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Jingsheng Mechanical & Electrical is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 16.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Intrinsic Value Is Potentially 51% Above Its Share Price
Nov 10
Is Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Using Too Much Debt?
Oct 15Investors Shouldn't Overlook Zhejiang Jingsheng Mechanical & Electrical's (SZSE:300316) Impressive Returns On Capital
Sep 30The Market Doesn't Like What It Sees From Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Earnings Yet
Sep 10Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 22Is There An Opportunity With Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) 44% Undervaluation?
Jul 21These 4 Measures Indicate That Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Is Using Debt Reasonably Well
Jul 05There Is A Reason Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Price Is Undemanding
Jun 05Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Has Announced That It Will Be Increasing Its Dividend To CN¥0.70
May 21Zhejiang Jingsheng Mechanical & Electrical's (SZSE:300316) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 21CN¥40.58: That's What Analysts Think Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Is Worth After Its Latest Results
Apr 17Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Shares Could Be 38% Below Their Intrinsic Value Estimate
Mar 27Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Prospects Need A Boost To Lift Shares
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300316's dividends per share have been stable in the past 10 years.
Growing Dividend: 300316's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Jingsheng Mechanical & Electrical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300316) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (300316) (up to 3 years) | 2.2% |
Notable Dividend: 300316's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300316's dividend (2.15%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.9%), 300316's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (179.7%), 300316's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:17 |
| End of Day Share Price | 2024/12/20 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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. is covered by 18 analysts. 8 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 |
|---|---|
| Hazim Bahari | CFRA Equity Research |
| Fu Yang | Chasing Securities |
| Ziding Zhang | China International Capital Corporation Limited |