Shenzhen S.C New Energy Technology Corporation

SZSE:300724 Stock Report

Market Cap: CN¥23.1b

Shenzhen S.C New Energy Technology Dividends and Buybacks

Dividend criteria checks 3/6

Shenzhen S.C New Energy Technology is a dividend paying company with a current yield of 1.8% that is well covered by earnings.

Key information

1.8%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield2.1%
Future Dividend Yield2.5%
Dividend Growth36.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥1.200
Payout ratio17%

Recent dividend and buyback updates

Recent updates

Shenzhen S.C New Energy Technology's (SZSE:300724) Profits Appear To Have Quality Issues

Nov 04
Shenzhen S.C New Energy Technology's (SZSE:300724) Profits Appear To Have Quality Issues

Here's Why We Think Shenzhen S.C New Energy Technology (SZSE:300724) Might Deserve Your Attention Today

Oct 27
Here's Why We Think Shenzhen S.C New Energy Technology (SZSE:300724) Might Deserve Your Attention Today

Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Shares Could Be 49% Below Their Intrinsic Value Estimate

Oct 14
Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Shares Could Be 49% Below Their Intrinsic Value Estimate

Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Stock Catapults 47% Though Its Price And Business Still Lag The Market

Oct 01
Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Stock Catapults 47% Though Its Price And Business Still Lag The Market

Does Shenzhen S.C New Energy Technology (SZSE:300724) Have A Healthy Balance Sheet?

Sep 30
Does Shenzhen S.C New Energy Technology (SZSE:300724) Have A Healthy Balance Sheet?

We Like Shenzhen S.C New Energy Technology's (SZSE:300724) Returns And Here's How They're Trending

Sep 10
We Like Shenzhen S.C New Energy Technology's (SZSE:300724) Returns And Here's How They're Trending

There's No Escaping Shenzhen S.C New Energy Technology Corporation's (SZSE:300724) Muted Earnings

Jul 25
There's No Escaping Shenzhen S.C New Energy Technology Corporation's (SZSE:300724) Muted Earnings

These 4 Measures Indicate That Shenzhen S.C New Energy Technology (SZSE:300724) Is Using Debt Reasonably Well

Jun 13
These 4 Measures Indicate That Shenzhen S.C New Energy Technology (SZSE:300724) Is Using Debt Reasonably Well

Shenzhen S.C New Energy Technology Corporation Recorded A 32% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 30
Shenzhen S.C New Energy Technology Corporation Recorded A 32% Miss On Revenue: Analysts Are Revisiting Their Models

Shenzhen S.C New Energy Technology's (SZSE:300724) Strong Earnings Are Of Good Quality

Apr 25
Shenzhen S.C New Energy Technology's (SZSE:300724) Strong Earnings Are Of Good Quality

Benign Growth For Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Underpins Its Share Price

Feb 28
Benign Growth For Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Underpins Its Share Price

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 300724 has been paying a dividend for less than 10 years.

Growing Dividend: 300724's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Shenzhen S.C New Energy Technology Dividend Yield vs Market
How does 300724 dividend yield compare to the market?
SegmentDividend Yield
Company (300724)1.8%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.1%
Industry Average (Semiconductor)0.8%
Analyst forecast (300724) (up to 3 years)2.5%

Notable Dividend: 300724's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 300724's dividend (1.8%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.2%), 300724's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.6%), 300724's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:17
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Shenzhen S.C New Energy Technology Corporation is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yikai LiuBofA Global Research
Christeen SoCCB International Securities Limited
Katherine LiCCB International Securities Limited