China Three Gorges Renewables (Group) Co.,Ltd.

SHSE:600905 Stock Report

Market Cap: CN¥129.1b

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 Yield1.8%
Future Dividend Yield2.4%
Dividend Growth31.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.078
Payout ratio33%

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
Be Wary Of China Three Gorges Renewables (Group)Ltd (SHSE:600905) And Its Returns On Capital

Earnings Working Against China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Share Price

Nov 22
Earnings Working Against China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Share Price

Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement

Aug 16
Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement

China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement

Jul 26
China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement

These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively

May 22
These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively

China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks

Apr 22
China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks

The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence

Mar 25
The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence

Stability 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
How does 600905 dividend yield compare to the market?
SegmentDividend 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

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:32
End of Day Share Price 2024/12/26 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

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.

AnalystInstitution
Charlotte XiaBofA Global Research
Yigong TaoChina Galaxy Securities Co., Ltd.
Jiani LiuChina International Capital Corporation Limited