Mingxin New Material Co

Mingxin New Material Co Dividend Coverage

The Dividend Coverage Ratio of Mingxin New Material Co (605068.SS) as of Nov 4, 2026 is 2.78. In the previous year, Dividend Coverage Ratio was 2.03 — a change of 37.10% (higher).

Dividend Coverage

2.78

YoY

37.10%

Last updated:

Dividend Coverage Ratio of Mingxin New Material Co is 2023 2.78 . Dividend Coverage Ratio of Mingxin New Material Co was 2022 2.03 . It decreases by 37.10% higher compared to the previous year.

The Mingxin New Material Co Dividend Coverage history

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  • Max

Dividend Coverage
Date
Dividend Coverage
Jan 1, 2021
1.30 CNY
Jan 1, 2022
2.03 CNY
Jan 1, 2023
2.78 CNY
The Mingxin New Material Co Dividend Coverage history
YEARDividend CoverageYoY
2.78+37.10%
2.03+56.24%
1.30—

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Mingxin New Material Co Stock analysis

What does Mingxin New Material Co do? Mingxin New Material Co Ltd generates revenue through the research, development, production, and sales of new automotive interior materials including genuine leather, suede, and microfiber leather. These products are primarily sold to automotive manufacturers for use in seats, armrests, headrests, steering wheels, instrument panels, door panels, and headliners. The company also offers water-based resins and water-based adhesives as part of its product portfolio. All products are sold within the domestic Chinese market, targeting automotive industry clients who require interior materials for vehicle manufacturing. The company's core business focuses on supplying automotive interior materials to domestic manufacturers, with no mention of international markets or additional product lines beyond those specified. Revenue streams are derived from the sale of leather alternatives and chemical products used in automotive assembly, serving the domestic automotive industry segment. There are no references to external partnerships or international sales channels in the business description. Mingxin New Material Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mingxin New Material Co stock

Dividend Coverage Ratio of Mingxin New Material Co is 2.78 in 2023.

Dividend Coverage Ratio of Mingxin New Material Co changed from 2.03 to 2.78, representing a 37.10% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Dividend Coverage Ratio Mingxin New Material 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 Mingxin New Material Co historically and in real time.

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Dividend — Mingxin New Material Co

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