CETC Digital Technology Co.,Ltd.

SHSE:600850 Stock Report

Market Cap: CN¥16.1b

CETC Digital TechnologyLtd Dividends and Buybacks

Dividend criteria checks 3/6

CETC Digital TechnologyLtd is a dividend paying company with a current yield of 1.91% that is well covered by earnings.

Key information

1.9%

Dividend yield

-0.7%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yield2.8%
Dividend Growth9.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.450
Payout ratio59%

Recent dividend and buyback updates

No updates

Recent updates

Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have Stalled

Dec 12
Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have Stalled

CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected

Oct 22
CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected

Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?

Oct 15
Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?

CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift Shares

Jul 02
CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift Shares

CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its Capital

May 25
CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its Capital

CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 08
CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft Earnings

CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance Sheet

Mar 25
CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance Sheet

Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% Bounce

Mar 04
Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% Bounce

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600850's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600850's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

CETC Digital TechnologyLtd Dividend Yield vs Market
How does 600850 dividend yield compare to the market?
SegmentDividend Yield
Company (600850)1.9%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (IT)0.7%
Analyst forecast (600850) (up to 3 years)2.8%

Notable Dividend: 600850's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600850's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (59.4%), 600850's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600850 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 04:55
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

CETC Digital Technology Co.,Ltd. is covered by 3 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
Li Qian ZhouEverbright Securities Co. Ltd.
Jialin JiangIndustrial Securities Co. Ltd.
Wei LvMinsheng Securities Co.