China Three Gorges Renewables (Group)Ltd Dividends and Buybacks
Dividend criteria checks 2/6
China Three Gorges Renewables (Group)Ltd is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 31.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.078 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Be Wary Of China Three Gorges Renewables (Group)Ltd (SHSE:600905) And Its Returns On Capital
Dec 10
Earnings Working Against China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Share Price
Nov 22Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement
Aug 16China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement
Jul 26These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively
May 22China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks
Apr 22The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600905 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600905's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| China Three Gorges Renewables (Group)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600905) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (600905) (up to 3 years) | 2.4% |
Notable Dividend: 600905's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600905's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), 600905's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600905 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:32 |
| End of Day Share Price | 2024/12/26 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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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
China Three Gorges Renewables (Group) Co.,Ltd. is covered by 23 analysts. 12 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 |
|---|---|
| Charlotte Xia | BofA Global Research |
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Jiani Liu | China International Capital Corporation Limited |