08-31-2023
| HKD/share | |
| Price | 4.32 |
| Dividend | 0.56 |
| Earnings | 0.90 |
| Cash-flow | 1.39 |
| Book value | 7.20 |
| Equity | 7.44 |
China Lesso Group Ho is part of Industrial Engineering business, which is part of Industrials industry. China Lesso Group Ho is a company from China, and his stocks are publicly traded.
China Lesso Group Ho stock dividend
China Lesso Group Ho paid a total dividend of 1,737 million HKD last year, for a market value of 13,401 millions (Market Cap 4,010 millions). China Lesso Group Ho dividend per share is 0.56 HKD, and his stock market price 4.32 HKD.
According to the chart below, where dividend yield is displayed, China Lesso Group Ho has a dividend yield of 12.96%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare China Lesso Group Ho stocks dividend with other Industrial Engineering companies or other of the best China dividend stocks list.
China Lesso Group Ho Dividend Payout
About the ability of China Lesso Group Ho to maintain his current dividend of HKD 0.56 per share, an amount that accounts for 12.96%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Lesso Group Ho payout on ernings is currently 62.22%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that China Lesso Group Ho can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Lesso Group Ho is HKD 1.39 per share, which is higher than the dividend per share paid by the company of HKD 0.56, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of China Lesso Group Ho, compared againt world market average, China companies, Industrials industry and Industrial Engineering sector companies.
China Lesso Group Ho Dividend History
Below you will find a table with the historical evolution of China Lesso Group Ho's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | HKD | Paypout | Shares* |
| Present | 12.96% | 0.56 | 62.22% | 3,102 |
| 2022 | 4.66% | 0.38 | 33.93% | 3,102 |
| 2021 | 4.46% | 0.50 | 33.56% | 3,102 |
| 2020 | 3.29% | 0.40 | 34.19% | 3,102 |
*In millions
China Lesso Group Ho Stock performance
Finally, last moth China Lesso Group Ho showed a return of -18.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -53.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Engineering firms.
