MeiG Smart Technology Co., Ltd

SZSE:002881 Stock Report

Market Cap: CN¥7.3b

MeiG Smart Technology Dividends and Buybacks

Dividend criteria checks 1/6

MeiG Smart Technology is a dividend paying company with a current yield of 0.35% that is well covered by earnings.

Key information

0.4%

Dividend yield

-0.6%

Buyback Yield

Total Shareholder Yield-0.3%
Future Dividend Yield0.7%
Dividend Growth15.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio30%

Recent dividend and buyback updates

MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10

May 23
MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10

Recent updates

Improved Revenues Required Before MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Find Their Feet

Dec 17
Improved Revenues Required Before MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Find Their Feet

We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings

Nov 07
We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings

MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt

Sep 03
MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt

MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement

Aug 16
MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement

Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture

Jun 10
Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture

MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10

May 23
MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10

Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically

May 03
Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically

MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

Apr 17
MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

Is MeiG Smart Technology (SZSE:002881) A Risky Investment?

Mar 25
Is MeiG Smart Technology (SZSE:002881) A Risky Investment?

MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar

Feb 28
MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002881 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002881's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

MeiG Smart Technology Dividend Yield vs Market
How does 002881 dividend yield compare to the market?
SegmentDividend Yield
Company (002881)0.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Communications)1.0%
Analyst forecast (002881) (up to 3 years)0.7%

Notable Dividend: 002881's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002881's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.4%), 002881's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002881 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 Analysis2024/12/25 15:47
End of Day Share Price 2024/12/25 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

MeiG Smart Technology Co., Ltd is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liangbi ZhaoChina Galaxy Securities Co., Ltd.
Jingyu ZhuChina International Capital Corporation Limited
Kai LiuEverbright Securities Co. Ltd.