Top Resource Energy Co., Ltd.

SZSE:300332 Stock Report

Market Cap: CN¥4.9b

Top Resource Energy Dividends and Buybacks

Dividend criteria checks 4/6

Top Resource Energy is a dividend paying company with a current yield of 0.98% that is well covered by earnings.

Key information

1.0%

Dividend yield

-0.07%

Buyback Yield

Total Shareholder Yield0.9%
Future Dividend Yield0.9%
Dividend Growth9.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.056
Payout ratio71%

Recent dividend and buyback updates

Top Resource Energy (SZSE:300332) Is Reducing Its Dividend To CN¥0.056

Jun 29
Top Resource Energy (SZSE:300332) Is Reducing Its Dividend To CN¥0.056

Recent updates

Why Investors Shouldn't Be Surprised By Top Resource Energy Co., Ltd.'s (SZSE:300332) 28% Share Price Surge

Sep 30
Why Investors Shouldn't Be Surprised By Top Resource Energy Co., Ltd.'s (SZSE:300332) 28% Share Price Surge

Is Top Resource Energy (SZSE:300332) Using Too Much Debt?

Sep 26
Is Top Resource Energy (SZSE:300332) Using Too Much Debt?

Top Resource Energy (SZSE:300332) Is Reducing Its Dividend To CN¥0.056

Jun 29
Top Resource Energy (SZSE:300332) Is Reducing Its Dividend To CN¥0.056

The Consensus EPS Estimates For Top Resource Energy Co., Ltd. (SZSE:300332) Just Fell Dramatically

May 10
The Consensus EPS Estimates For Top Resource Energy Co., Ltd. (SZSE:300332) Just Fell Dramatically

Top Resource Energy's (SZSE:300332) Conservative Accounting Might Explain Soft Earnings

Apr 30
Top Resource Energy's (SZSE:300332) Conservative Accounting Might Explain Soft Earnings

We Think Top Resource Energy (SZSE:300332) Can Stay On Top Of Its Debt

Mar 25
We Think Top Resource Energy (SZSE:300332) Can Stay On Top Of Its Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300332's dividend payments have been volatile in the past 10 years.

Growing Dividend: 300332's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Top Resource Energy Dividend Yield vs Market
How does 300332 dividend yield compare to the market?
SegmentDividend Yield
Company (300332)1.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Gas Utilities)3.0%
Analyst forecast (300332) (up to 3 years)0.9%

Notable Dividend: 300332's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 300332's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (2.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.5%), 300332's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.7%), 300332'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 Analysis2024/12/21 23:11
End of Day Share Price 2024/12/20 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

Top Resource Energy Co., Ltd. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fei TongChangjiang Securities Co. LTD.
Yigong TaoChina Galaxy Securities Co., Ltd.
Peng HouChina Merchants Securities Co. Ltd.