Zhejiang Xinzhonggang Thermal Power Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Xinzhonggang Thermal Power is a dividend paying company with a current yield of 2.66% that is well covered by earnings.
Key information
2.7%
Dividend yield
13.3%
Buyback Yield
| Total Shareholder Yield | 16.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 34.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.180 |
| Payout ratio | 47% |
Recent dividend and buyback updates
No updates
Recent updates
Zhejiang Xinzhonggang Thermal Power's (SHSE:605162) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05
Returns On Capital Signal Tricky Times Ahead For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Sep 29Zhejiang Xinzhonggang Thermal Power Co., LTD. (SHSE:605162) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 27Solid Earnings May Not Tell The Whole Story For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Apr 02Zhejiang Xinzhonggang Thermal Power Co., LTD.'s (SHSE:605162) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 30Capital Allocation Trends At Zhejiang Xinzhonggang Thermal Power (SHSE:605162) Aren't Ideal
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605162 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605162 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Xinzhonggang Thermal Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605162) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electric Utilities) | 1.2% |
| Analyst forecast (605162) (up to 3 years) | n/a |
Notable Dividend: 605162's dividend (2.66%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 605162's dividend (2.66%) is in the top 25% of dividend payers in the CN market (2.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), 605162's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (197.1%), 605162's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 13:57 |
| End of Day Share Price | 2025/01/27 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 |
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* 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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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
Zhejiang Xinzhonggang Thermal Power 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.
| Analyst | Institution |
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