Ningbo Shimao Energy Co.,Ltd

SHSE:605028 Stock Report

Market Cap: CN¥2.9b

Ningbo Shimao EnergyLtd Dividends and Buybacks

Dividend criteria checks 3/6

Ningbo Shimao EnergyLtd is a dividend paying company with a current yield of 3.32% that is well covered by earnings.

Key information

3.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-15.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.600
Payout ratio56%

Recent dividend and buyback updates

No updates

Recent updates

The Market Doesn't Like What It Sees From Ningbo Shimao Energy Co.,Ltd's (SHSE:605028) Earnings Yet As Shares Tumble 31%

Dec 20
The Market Doesn't Like What It Sees From Ningbo Shimao Energy Co.,Ltd's (SHSE:605028) Earnings Yet As Shares Tumble 31%

Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Shares Fly 26% But Investors Aren't Buying For Growth

Nov 04
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Shares Fly 26% But Investors Aren't Buying For Growth

Capital Allocation Trends At Ningbo Shimao EnergyLtd (SHSE:605028) Aren't Ideal

Jun 05
Capital Allocation Trends At Ningbo Shimao EnergyLtd (SHSE:605028) Aren't Ideal

We Think That There Are More Issues For Ningbo Shimao EnergyLtd (SHSE:605028) Than Just Sluggish Earnings

Mar 30
We Think That There Are More Issues For Ningbo Shimao EnergyLtd (SHSE:605028) Than Just Sluggish Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 605028 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 605028 has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

Ningbo Shimao EnergyLtd Dividend Yield vs Market
How does 605028 dividend yield compare to the market?
SegmentDividend Yield
Company (605028)3.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Water Utilities)2.3%
Analyst forecast (605028) (up to 3 years)n/a

Notable Dividend: 605028's dividend (3.32%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 605028's dividend (3.32%) is in the top 25% of dividend payers in the CN market (2.11%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.1%), 605028's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (526.4%), 605028's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 15:33
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

Ningbo Shimao Energy Co.,Ltd is covered by 0 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