Ningbo Sunrise Elc TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Sunrise Elc TechnologyLtd is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 0% |
| Dividend Growth | 26.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Profits Appear To Have Quality Issues
Nov 04
Market Cool On Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Earnings
Oct 15Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Ticks All The Boxes When It Comes To Earnings Growth
Sep 12Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) Screens Well But There Might Be A Catch
Jul 03Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Will Pay A Larger Dividend Than Last Year At CN¥0.30
Jun 02Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Has More To Do To Multiply In Value Going Forward
May 29Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Solid Earnings May Rest On Weak Foundations
Apr 23Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Mar 07These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002937 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002937's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Ningbo Sunrise Elc TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002937) | 3.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002937) (up to 3 years) | 0% |
Notable Dividend: 002937's dividend (3.47%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002937's dividend (3.47%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 002937's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 002937's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:24 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Ningbo Sunrise Elc Technology Co.,Ltd is covered by 4 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.
| Analyst | Institution |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Mu Yuan | China International Capital Corporation Limited |
| Fan Yan | China Merchants Securities Co. Ltd. |