JiaXing Gas Group Co., Ltd.

SEHK:9908 Stock Report

Market Cap: HK$1.0b

JiaXing Gas Group Dividends and Buybacks

Dividend criteria checks 3/6

JiaXing Gas Group is a dividend paying company with a current yield of 8.31% that is well covered by earnings.

Key information

8.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth47.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareHK$0.658
Payout ratio49%

Recent dividend and buyback updates

Recent updates

JiaXing Gas Group Co., Ltd.'s (HKG:9908) CEO Will Probably Find It Hard To See A Huge Raise This Year

May 31
JiaXing Gas Group Co., Ltd.'s (HKG:9908) CEO Will Probably Find It Hard To See A Huge Raise This Year

We Think JiaXing Gas Group's (HKG:9908) Healthy Earnings Might Be Conservative

May 03
We Think JiaXing Gas Group's (HKG:9908) Healthy Earnings Might Be Conservative

Why JiaXing Gas Group's (HKG:9908) Earnings Are Better Than They Seem

May 02
Why JiaXing Gas Group's (HKG:9908) Earnings Are Better Than They Seem

Some Confidence Is Lacking In JiaXing Gas Group Co., Ltd.'s (HKG:9908) P/E

Apr 02
Some Confidence Is Lacking In JiaXing Gas Group Co., Ltd.'s (HKG:9908) P/E

Could The JiaXing Gas Group Co., Ltd. (HKG:9908) Ownership Structure Tell Us Something Useful?

Feb 17
Could The JiaXing Gas Group Co., Ltd. (HKG:9908) Ownership Structure Tell Us Something Useful?

Read This Before Selling JiaXing Gas Group Co., Ltd. (HKG:9908) Shares

Dec 08
Read This Before Selling JiaXing Gas Group Co., Ltd. (HKG:9908) Shares

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 9908 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 9908's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

JiaXing Gas Group Dividend Yield vs Market
How does 9908 dividend yield compare to the market?
SegmentDividend Yield
Company (9908)8.3%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.1%
Industry Average (Gas Utilities)5.3%
Analyst forecast (9908) (up to 3 years)n/a

Notable Dividend: 9908's dividend (8.31%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).

High Dividend: 9908's dividend (8.31%) is in the top 25% of dividend payers in the Hong Kong market (8.07%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49%), 9908's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 9908 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:04
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
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

JiaXing Gas Group 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