Sichuan Guangan Aaa Public Co.,Ltd

SHSE:600979 Stock Report

Market Cap: CN¥6.2b

Sichuan Guangan Aaa PublicLtd Dividends and Buybacks

Dividend criteria checks 4/6

Sichuan Guangan Aaa PublicLtd is a dividend paying company with a current yield of 1.1% that is well covered by earnings.

Key information

1.1%

Dividend yield

-1.0%

Buyback Yield

Total Shareholder Yield0.1%
Future Dividend Yieldn/a
Dividend Growth11.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.054
Payout ratio21%

Recent dividend and buyback updates

No updates

Recent updates

Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price Boosted 113% But Its Business Prospects Need A Lift Too

Dec 16
Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price Boosted 113% But Its Business Prospects Need A Lift Too

Earnings Working Against Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price

Oct 31
Earnings Working Against Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price

Calculating The Fair Value Of Sichuan Guangan Aaa Public Co.,Ltd (SHSE:600979)

Sep 28
Calculating The Fair Value Of Sichuan Guangan Aaa Public Co.,Ltd (SHSE:600979)

Additional Considerations Required While Assessing Sichuan Guangan Aaa PublicLtd's (SHSE:600979) Strong Earnings

Sep 06
Additional Considerations Required While Assessing Sichuan Guangan Aaa PublicLtd's (SHSE:600979) Strong Earnings

There's No Escaping Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Muted Earnings Despite A 30% Share Price Rise

May 21
There's No Escaping Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Muted Earnings Despite A 30% Share Price Rise

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600979's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600979's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Sichuan Guangan Aaa PublicLtd Dividend Yield vs Market
How does 600979 dividend yield compare to the market?
SegmentDividend Yield
Company (600979)1.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electric Utilities)1.1%
Analyst forecast (600979) (up to 3 years)n/a

Notable Dividend: 600979's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 600979's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.3%), 600979's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), 600979'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 Analysis2024/12/27 10:51
End of Day Share Price 2024/12/27 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

Sichuan Guangan Aaa Public Co.,Ltd is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bo Hua WuChangjiang Securities Co. LTD.
Fenghua WangShenwan Hongyuan Securities
Xiaoning LiuSWS Research Co., Ltd.