Grandblue Environment Co., Ltd.

SHSE:600323 Stock Report

Market Cap: CN¥23.6b

Grandblue Environment Dividends and Buybacks

Dividend criteria checks 6/6

Grandblue Environment is a dividend paying company with a current yield of 3.74% that is well covered by earnings.

Key information

3.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield4.3%
Dividend Growth20.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio40%

Recent dividend and buyback updates

Analysis Article Jul 23

Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year

Grandblue Environment Co., Ltd. ( SHSE:600323 ) has announced that it will be increasing its dividend from last year's...

Recent updates

Analysis Article Mar 12

Grandblue Environment (SHSE:600323) Hasn't Managed To Accelerate Its Returns

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Feb 24

Grandblue Environment Co., Ltd. (SHSE:600323) Shares Could Be 36% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Grandblue Environment fair value estimate is CN¥35.37...
Analysis Article Feb 09

Grandblue Environment Co., Ltd.'s (SHSE:600323) Business And Shares Still Trailing The Market

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...
Analysis Article Jan 08

Grandblue Environment (SHSE:600323) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 06

Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 21

Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?

Key Insights Grandblue Environment's estimated fair value is CN¥37.46 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 04

Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations

The stock price didn't jump after Grandblue Environment Co., Ltd. ( SHSE:600323 ) posted decent earnings last week. We...
Analysis Article Oct 20

Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Grandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a...
Analysis Article Aug 14

Return Trends At Grandblue Environment (SHSE:600323) Aren't Appealing

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 23

Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year

Grandblue Environment Co., Ltd. ( SHSE:600323 ) has announced that it will be increasing its dividend from last year's...
Analysis Article Jul 17

Is Grandblue Environment (SHSE:600323) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 23

Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Grandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a...
Analysis Article Apr 18

Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)

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

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600323's dividends per share have been stable in the past 10 years.

Growing Dividend: 600323's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Grandblue Environment Dividend Yield vs Market
How does 600323 dividend yield compare to the market?
SegmentDividend Yield
Company (600323)3.7%
Market Bottom 25% (CN)0.4%
Market Top 25% (CN)2.1%
Industry Average (Water Utilities)3.4%
Analyst forecast (600323) (up to 3 years)4.3%

Notable Dividend: 600323's dividend (3.74%) is higher than the bottom 25% of dividend payers in the CN market (0.37%).

High Dividend: 600323's dividend (3.74%) is in the top 25% of dividend payers in the CN market (2.14%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.2%), 600323's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), 600323'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 Analysis2026/06/22 15:39
End of Day Share Price 2026/06/22 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

Grandblue Environment Co., Ltd. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ka SoCCB International Securities Limited
Jiani LiuChina International Capital Corporation Limited
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)