Zhejiang Express. H Dividend yield




   HKD/share 
 Price  6.55
 Dividend  0.81
 Earnings  1.56
 Cash-flow  0.18
 Book value  5.95
 Equity  6.12

Zhejiang Express. H is part of Industrial Transportation business, which is part of Industrials industry. Zhejiang Express. H is a company from China, and his stocks are publicly traded.

Zhejiang Express. H paid a total dividend of 3,518 million HKD last year, for a market value of 28,447 millions (Market Cap 9,390 millions). Dividend per share of Zhejiang Express. H is 0.81 HKD, and his stock market price 6.55 HKD.

According to the chart below, where dividend yield is displayed, Zhejiang Express. H has a dividend yield of 12.44%, 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 Zhejiang Express. H dividend yield with other Industrial Transportation companies or firms from China.

Dividend yield of Zhejiang Express. H

Zhejiang Express. H Dividend Payout

About the ability of Zhejiang Express. H to maintain his current dividend of HKD 0.81 per share, an amount that accounts for 12.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zhejiang Express. H payout on ernings is currently 51.92%, which is higher than the market average, and companies of Industrials industry, which are 38.57% and 31.76% respectively. Both figures show that Zhejiang Express. H 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 Zhejiang Express. H is HKD 0.18 per share, which is lower than the dividend per share paid by the company of HKD 0.81, 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 Zhejiang Express. H, compared againt world market average, China companies, Industrials industry and Industrial Transportation sector companies.

Zhejiang Express. H payout

Zhejiang Express. H Dividend History

Year Yield  HKD  Paypout  Shares* 
Present12.44%0.8151.92%4,343
20190.00%0.000.00%4,343
20186.36%0.4337.39%4,343
20174.96%0.4338.05%4,343
20164.62%0.3836.54%4,343
20154.23%0.4045.45%4,343

*In millions

Zhejiang Express. H Stock performance

Finally, last moth Zhejiang Express. H showed a return of 18.70% compared to a worldwide 3.99% average, and a 4.23% of Industrials firms. Over the last year, the company obtained a -7.70% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for China and Industrial Transportation firms.

Zhejiang Express. H stock and market return