Cenit Co

Cenit Co Dividend Coverage

The Dividend Coverage Ratio of Cenit Co (037760.KQ) as of Nov 6, 2026 is -0.54. In the previous year, Dividend Coverage Ratio was 2.12 — a change of -125.39% (lower).

Dividend Coverage

-0.54

YoY

-125.39%

Last updated:

Dividend Coverage Ratio of Cenit Co is 2024 -0.54 . Dividend Coverage Ratio of Cenit Co was 2023 2.12 . It decreases by -125.39% lower compared to the previous year.

The Cenit Co Dividend Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend Coverage
Date
Dividend Coverage
Jan 1, 2017
5.99 KRW
Jan 1, 2018
2.97 KRW
Jan 1, 2019
2.07 KRW
Jan 1, 2020
8.67 KRW
Jan 1, 2021
6.58 KRW
Jan 1, 2022
5.11 KRW
Jan 1, 2023
2.12 KRW
Jan 1, 2024
-0.54 KRW
The Cenit Co Dividend Coverage history
YEARDividend CoverageYoY
-0.54-125.39%
2.12-58.52%
5.11-22.39%
6.58-24.11%
8.67+318.77%
2.07-30.37%
2.97-50.35%
5.99-8.84%
6.57-16.02%
7.83+22.03%
6.41—

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Cenit Co Stock analysis

What does Cenit Co do? CENIT Co., Ltd. generates revenue primarily through the manufacturing and distribution of stainless steel sheets, targeting industries such as machine equipment, power generation, industrial equipment, automobiles, and electronics. The company also operates movie theaters, having merged with DaejeonGaoCinema Co., Ltd. in 2013, which was later dissolved. Additionally, through its subsidiaries, CENIT produces and sells Remincons and canned kimchi, a Korean pickle product, catering to consumer markets. The firm's diverse product portfolio spans industrial materials, entertainment, and food sectors. Stainless steel plates are the core product, sold to machinery, power, and automotive sectors, while Remincons and canned kimchi serve domestic food consumers. Movie theaters, operated under the merged entity, contribute to revenue through ticket sales and concessions. The company leverages its subsidiaries to expand into food manufacturing, complementing its primary industrial focus. CENIT's revenue streams include industrial material sales, food product distribution, and entertainment services. Machine equipment and power generation industries are key clients for stainless steel plates, while Remincons and canned kimchi target retail and food service channels. Movie theaters serve local communities, with operations integrated post-merger. The company strategically balances manufacturing, food, and entertainment to diversify income sources. Cenit Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cenit Co stock

Dividend Coverage Ratio of Cenit Co is -0.54 in 2024.

Dividend Coverage Ratio of Cenit Co changed from 2.12 to -0.54, representing a -125.39% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Dividend Coverage Ratio Cenit Co since 2006 – with annual values, charts, and detailed analysis.

The dividend coverage ratio measures how many times dividends can be covered by net income. Higher coverage suggests more sustainable dividend payments.

Dividend Coverage Ratio's is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Dividend Coverage Ratio's Cenit Co historically and in real time.

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