Guangzhou Automobile Dividend yield




   HKD/share 
 Price  6.54
 Dividend  0.24
 Earnings  1.01
 Cash-flow  0.73
 Book value  10.90
 Equity  9.90

Guangzhou Automobile is part of Automobiles and Parts business, which is part of Consumer Goods industry. Guangzhou Automobile is a company from China, and his stocks are publicly traded.

Guangzhou Automobile paid a total dividend of 744 million HKD last year, for a market value of 20,267 millions (Market Cap 20,265 millions). Dividend per share of Guangzhou Automobile is 0.24 HKD, and his stock market price 6.54 HKD.

According to the chart below, where dividend yield is displayed, Guangzhou Automobile has a dividend yield of 3.67%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Consumer Goods 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 Guangzhou Automobile dividend yield with other Automobiles and Parts companies or firms from China.

Dividend yield of Guangzhou Automobile

Guangzhou Automobile Dividend Payout

About the ability of Guangzhou Automobile to maintain his current dividend of HKD 0.24 per share, an amount that accounts for 3.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Guangzhou Automobile payout on ernings is currently 23.76%, which is lower than the market average and companies of Consumer Goods industry, which are 38.25% and 43.24% respectively. Both figures lead us to believe that there is confidence that Guangzhou Automobilecan maintain his current dividend.

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 Guangzhou Automobile is HKD 0.73 per share, which is higher than the dividend per share paid by the company of HKD 0.24, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Guangzhou Automobile, compared againt world market average, China companies, Consumer Goods industry and Automobiles and Parts sector companies.

Guangzhou Automobile payout

Guangzhou Automobile Dividend History

Year Yield  HKD  Paypout  Shares* 
Present3.67%0.2423.76%3,099
20213.12%0.2424.00%3,099
20202.29%0.2020.20%3,099
20193.86%0.3727.41%3,099
20186.31%0.4926.34%3,099
20171.97%0.3626.28%2,213
20162.32%0.2430.38%2,213
20152.67%0.2031.75%2,213

*In millions

Guangzhou Automobile Stock performance

Finally, last moth Guangzhou Automobile showed a return of -15.10% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a 0.20% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Automobiles and Parts firms.

Guangzhou Automobile stock and market return