Chengdu Xingrong Environment Dividends and Buybacks
Dividend criteria checks 5/6
Chengdu Xingrong Environment is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.170 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Returns On Capital At Chengdu Xingrong Environment (SZSE:000598) Have Hit The Brakes
Dec 24
Improved Earnings Required Before Chengdu Xingrong Environment Co., Ltd. (SZSE:000598) Shares Find Their Feet
Nov 12Does Chengdu Xingrong Environment (SZSE:000598) Have A Healthy Balance Sheet?
Sep 30Returns On Capital At Chengdu Xingrong Environment (SZSE:000598) Have Hit The Brakes
Aug 23Chengdu Xingrong Environment Co., Ltd.'s (SZSE:000598) Shares Lagging The Market But So Is The Business
Jul 16Chengdu Xingrong Environment (SZSE:000598) Will Pay A Larger Dividend Than Last Year At CN¥0.17
Jun 23Slowing Rates Of Return At Chengdu Xingrong Environment (SZSE:000598) Leave Little Room For Excitement
May 22We Think Chengdu Xingrong Environment (SZSE:000598) Is Taking Some Risk With Its Debt
May 06Chengdu Xingrong Environment Co., Ltd. Just Missed Revenue By 5.1%: Here's What Analysts Think Will Happen Next
Apr 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000598's dividends per share have been stable in the past 10 years.
Growing Dividend: 000598's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chengdu Xingrong Environment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000598) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (000598) (up to 3 years) | 2.3% |
Notable Dividend: 000598's dividend (2.27%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000598's dividend (2.27%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), 000598's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000598 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 13:17 |
| 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 |
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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
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
Chengdu Xingrong Environment Co., Ltd. is covered by 12 analysts. 2 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 |
|---|---|
| Hongwei Huang | Chasing Securities |
| Haoyuan Qu | China International Capital Corporation Limited |
| Chunyang Zhu | China Merchants Securities Co. Ltd. |