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Realtime updates for Shandong Weigao Group [1066.HK]

Exchange: HKSE Sector: Healthcare Industry: Medical Instruments & Supplies
Last Updated19 Apr 2024 @ 04:08

-0.42% HKD 4.76

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 04:08):

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the People's Republic of China...

Stats
Today's Volume 8.78M
Average Volume 9.64M
Market Cap 21.53B
EPS HKD0 ( 2024-03-25 )
Last Dividend HKD0.0870 ( 2023-06-01 )
Next Dividend HKD0 ( N/A )
P/E 9.92
ATR14 HKD0.00500 (0.11%)

Volume Correlation

Long: 0.23 (neutral)
Short: 0.43 (neutral)
Signal:(52.832) Neutral

Shandong Weigao Group Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Shandong Weigao Group Correlation - Currency/Commodity

The country flag 0.04
( neutral )
The country flag 0.04
( neutral )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag 0.58
( weak )
The country flag 0.55
( weak )

Shandong Weigao Group Financials

Annual 2022
Revenue: HKD13.62B
Gross Profit: HKD7.11B (52.23 %)
EPS: HKD0.600
Q2 2023
Revenue: HKD3.45B
Gross Profit: HKD1.77B (51.37 %)
EPS: HKD0.130
Q1 2023
Revenue: HKD3.45B
Gross Profit: HKD1.77B (51.37 %)
EPS: HKD0.130
Q4 2022
Revenue: HKD3.32B
Gross Profit: HKD1.78B (53.70 %)
EPS: HKD0.140

Financial Reports:

No articles found.

Shandong Weigao Group Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
HKD0
(N/A)
HKD0.0960
(N/A)
HKD0
(N/A)
HKD0.0870
(N/A)
HKD0
(N/A)
HKD0
(N/A)
HKD0
(N/A)
HKD0
(N/A)
HKD0
(N/A)
HKD0
(N/A)

Shandong Weigao Group Dividend Information - Ex Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.37 - Stable (7.36%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend HKD0.00175 2004-09-02
Last Dividend HKD0.0870 2023-06-01
Next Dividend HKD0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 39 --
Total Paid Out HKD1.546 --
Avg. Dividend % Per Year 0.00% --
Score 3.78 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 5.37
Div. Directional Score 7.98 --
Next Divdend (Est)
(2024-04-22)
HKD0 Estimate 3.67 %
Dividend Stability
0.29 Very Poor
Dividend Score
3.78
Pay Frequency
Semi-Annually
Yearly Payout
Year Amount Yield

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for HKSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
6862.HK Ex Dividend Knight 2023-06-09 Annually 0 0.00%
1972.HK Ex Dividend Knight 2023-09-06 Semi-Annually 0 0.00%
1001.HK Ex Dividend Junior 2023-08-24 Annually 0 0.00%
0114.HK Ex Dividend Knight 2023-10-03 Annually 0 0.00%
3339.HK Ex Dividend Knight 2023-05-30 Annually 0 0.00%
1579.HK Ex Dividend Knight 2023-05-22 Annually 0 0.00%
0609.HK Ex Dividend Knight 2023-10-03 Annually 0 0.00%
9869.HK No Dividend Player 2023-09-19 Insufficient data to determine frequency 0 0.00%
2156.HK Ex Dividend Knight 2023-06-01 Annually 0 0.00%
1157.HK Ex Dividend Junior 2023-07-03 Annually 0 0.00%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1791.5006.429.63[0 - 0.5]
returnOnAssetsTTM0.05391.2008.209.84[0 - 0.3]
returnOnEquityTTM0.08351.500-0.183-0.275[0.1 - 1]
payoutRatioTTM0.203-1.0007.97-7.97[0 - 1]
currentRatioTTM2.840.8000.8020.641[1 - 3]
quickRatioTTM2.100.8002.351.879[0.8 - 2.5]
cashRatioTTM0.9931.5005.608.39[0.2 - 2]
debtRatioTTM0.128-1.5007.87-10.00[0 - 0.6]
interestCoverageTTM7.191.0008.458.45[3 - 30]
operatingCashFlowPerShareTTM0.3772.009.8710.00[0 - 30]
freeCashFlowPerShareTTM0.2592.009.8710.00[0 - 20]
debtEquityRatioTTM0.197-1.5009.21-10.00[0 - 2.5]
grossProfitMarginTTM0.5211.0004.654.65[0.2 - 0.8]
operatingProfitMarginTTM0.2051.0007.917.91[0.1 - 0.6]
cashFlowToDebtRatioTTM0.3921.0008.938.93[0.2 - 2]
assetTurnoverTTM0.3010.800-1.326-1.061[0.5 - 2]
Total Score10.60

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM10.381.0009.050[1 - 100]
returnOnEquityTTM0.08352.50-0.118-0.275[0.1 - 1.5]
freeCashFlowPerShareTTM0.2592.009.9110.00[0 - 30]
dividendYielPercentageTTM3.961.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM0.3772.009.8710.00[0 - 30]
payoutRatioTTM0.2031.5007.97-7.97[0 - 1]
pegRatioTTM0.1591.500-2.280[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1671.0008.340[0.1 - 0.5]
Total Score5.37

Shandong Weigao Group

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the People's Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments. The company offers vascular and non-vascular access infusion devices, infusion sets, syringes, puncture needles, and specialized single-use clinical collection kits; wound sutures, wound healing dressings, and wound cleaning and nonvascular catheter supporting extracorporeal devices; and blood collection, storage, separation, and sterilization equipment. It also provides prefilled syringes and pre-filled flush syringes; blood collection and blood glucose testing devices; and general anesthesia consumables, local anesthesia consumables, anesthesia auxiliary consumables, ICU equipment, and open and minimally invasive surgical equipment. In addition, the company engages in the production and sale of orthopedic devices; tumor and blood vessel interventional instruments; implantation materials and artificial organs; medical PVC granules, plastic packing bags, and carton boxes; industrial automatic equipment and parts; molds; hemodialysis equipment; and type I, type II, and type III medical devices. Further, it is involved in the finance leasing and factoring business; wholesale of type I medical devices, surgical devices, and other disposal medical products; provision of asset management, enterprise consulting, enterprise management advisory services, as well as logistics and storage services, as well as export its products. The company offers its products under the Jierui, Wego Ortho, Yahua, Bangde, and Hai Xing brands. It serves hospitals, blood stations, and other medical units; and distributors. The company was incorporated in 2000 and is based in Weihai, the People's Republic of China.

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