State Grid Information & Communication Co., Ltd.

SHSE:600131 Stock Report

Market Cap: CN¥21.5b

State Grid Information & Communication Dividends and Buybacks

Dividend criteria checks 3/6

State Grid Information & Communication is a dividend paying company with a current yield of 0.56% that is well covered by earnings.

Key information

0.6%

Dividend yield

0.03%

Buyback Yield

Total Shareholder Yield0.6%
Future Dividend Yield1.7%
Dividend Growth8.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio41%

Recent dividend and buyback updates

Recent updates

Analysis Article Mar 14

Be Wary Of State Grid Information & Communication (SHSE:600131) And Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Feb 24

Estimating The Fair Value Of State Grid Information & Communication Co., Ltd. (SHSE:600131)

Key Insights State Grid Information & Communication's estimated fair value is CN¥23.44 based on 2 Stage Free Cash Flow...
Analysis Article Jan 19

State Grid Information & Communication (SHSE:600131) Could Easily Take On More Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 13

State Grid Information & Communication (SHSE:600131) Is Reinvesting At Lower Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Nov 21

State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 31% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, State Grid Information & Communication fair value estimate is...
Analysis Article Oct 21

State Grid Information & Communication Co., Ltd. (SHSE:600131) Doing What It Can To Lift Shares

With a price-to-earnings (or "P/E") ratio of 27x State Grid Information & Communication Co., Ltd. ( SHSE:600131 ) may...
Analysis Article Sep 08

State Grid Information & Communication's (SHSE:600131) Problems Go Beyond Weak Profit

Last week's earnings announcement from State Grid Information & Communication Co., Ltd. ( SHSE:600131 ) was...
Analysis Article Aug 16

The Returns At State Grid Information & Communication (SHSE:600131) Aren't Growing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jul 05

Benign Growth For State Grid Information & Communication Co., Ltd. (SHSE:600131) Underpins Its Share Price

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 29x, you may consider State...
Analysis Article Jun 14

State Grid Information & Communication (SHSE:600131) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article May 01

What You Need To Know About The State Grid Information & Communication Co., Ltd. (SHSE:600131) Analyst Downgrade Today

Market forces rained on the parade of State Grid Information & Communication Co., Ltd. ( SHSE:600131 ) shareholders...
Analysis Article Apr 17

State Grid Information & Communication (SHSE:600131) Has Some Way To Go To Become A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 21

State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

State Grid Information & Communication Co., Ltd. ( SHSE:600131 ) shares have continued their recent momentum with a 27...
Analysis Article Mar 01

State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 57% Above Its Share Price

Key Insights The projected fair value for State Grid Information & Communication is CN¥27.90 based on 2 Stage Free Cash...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600131 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600131 has only been paying a dividend for 6 years, and since then payments have fallen.


Dividend Yield vs Market

State Grid Information & Communication Dividend Yield vs Market
How does 600131 dividend yield compare to the market?
SegmentDividend Yield
Company (600131)0.6%
Market Bottom 25% (CN)0.4%
Market Top 25% (CN)1.8%
Industry Average (IT)0.5%
Analyst forecast (600131) (up to 3 years)1.7%

Notable Dividend: 600131's dividend (0.56%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).

High Dividend: 600131's dividend (0.56%) is low compared to the top 25% of dividend payers in the CN market (1.83%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41%), 600131's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (5.9%), 600131's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 07:55
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

State Grid Information & Communication Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haoyuan QuChina International Capital Corporation Limited
Xiang LiCitic Securities Co., Ltd.