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Operations: China CITIC Bank Corporation Limited generates revenue through its diverse banking products and services offered domestically and abroad.

Dividend Yield: 7.4%

China CITIC Bank's dividend yield of 7.42% is below the top 25% in Hong Kong, and its dividend history has been volatile over the past decade. Despite this instability, dividends are currently well-covered by earnings with a payout ratio of 41.8%, expected to decrease to 27.8% in three years, indicating sustainability potential. The stock trades at a significant discount to its estimated fair value, suggesting it may be undervalued relative to peers and industry standards.

• Navigate through the intricacies of China CITIC Bank with our comprehensive dividend report here.

• The valuation report we've compiled suggests that China CITIC Bank's current price could be quite moderate.

Sichuan Guoguang Agrochemical

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Sichuan Guoguang Agrochemical Co., Ltd. is involved in the research and development, manufacturing, marketing, and distribution of agrochemical products both in China and internationally, with a market cap of CN¥6.60 billion.

Operations: Sichuan Guoguang Agrochemical Co., Ltd. generates its revenue from the development, production, and sale of agrochemical products and materials across domestic and international markets.

Dividend Yield: 3.9%

Sichuan Guoguang Agrochemical's dividend yield of 3.93% ranks in the top 25% of China's market, supported by a payout ratio of 68.6% and cash flow coverage at 80.9%. Despite earnings growth and trading below estimated fair value, its dividend history is unstable with past volatility over 20%. Recent affirmations include a CNY 3 per 10 shares dividend for Q3 2024, but shareholder dilution occurred last year.

• Get an in-depth perspective on Sichuan Guoguang Agrochemical's performance by reading our dividend report here.

• Our valuation report unveils the possibility Sichuan Guoguang Agrochemical's shares may be trading at a discount.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:98 SEHK:998 and SZSE:002749.

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