Xinyi Glass Holding Dividend yield




   HKD/share 
 Price  23.30
 Dividend  1.28
 Earnings  1.59
 Cash-flow  1.22
 Book value  6.85
 Equity  6.02

Xinyi Glass Holding is part of Automobiles and Parts business, which is part of Consumer Goods industry. Xinyi Glass Holding is a company from Hong-Kong, and his stocks are publicly traded.

Xinyi Glass Holding paid a total dividend of 5,184 million HKD last year, for a market value of 94,365 millions (Market Cap 47,178 millions). Dividend per share of Xinyi Glass Holding is 1.28 HKD, and his stock market price 23.30 HKD.

According to the chart below, where dividend yield is displayed, Xinyi Glass Holding has a dividend yield of 5.49%, which is higher than the amount offered by both the market average and companies from Hong-Kong. 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 Xinyi Glass Holding dividend yield with other Automobiles and Parts companies or firms from Hong-Kong.

Dividend yield of Xinyi Glass Holding

Xinyi Glass Holding Dividend Payout

About the ability of Xinyi Glass Holding to maintain his current dividend of HKD 1.28 per share, an amount that accounts for 5.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Xinyi Glass Holding payout on ernings is currently 80.50%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures show that Xinyi Glass Holding 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 Xinyi Glass Holding is HKD 1.22 per share, which is lower than the dividend per share paid by the company of HKD 1.28, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Xinyi Glass Holding, compared againt world market average, Hong-Kong companies, Consumer Goods industry and Automobiles and Parts sector companies.

Xinyi Glass Holding payout

Xinyi Glass Holding Dividend History

Year Yield  HKD  Paypout  Shares* 
Present5.49%1.2880.50%4,050
20202.17%0.4741.96%4,018
20195.04%0.5249.52%4,007
20186.12%0.5353.00%4,028
20174.22%0.4353.75%3,998
20165.88%0.3461.82%3,862
20153.73%0.1645.71%3,922

*In millions

Xinyi Glass Holding Stock performance

Finally, last moth Xinyi Glass Holding showed a return of -28.70% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 49.60% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Hong-Kong and Automobiles and Parts firms.

Xinyi Glass Holding stock and market return