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Henan Hengxing Science & Technology Co (SZSE:002132) Total Payout Yield % : 3.61 (As of Jun. 02, 2024)


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What is Henan Hengxing Science & Technology Co Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Henan Hengxing Science & Technology Co's current Total Payout Yield % is 3.61%.


Henan Hengxing Science & Technology Co Total Payout Yield % Historical Data

The historical data trend for Henan Hengxing Science & Technology Co's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Henan Hengxing Science & Technology Co Total Payout Yield % Chart

Henan Hengxing Science & Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 2.78 1.43 1.51 2.94

Henan Hengxing Science & Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 8.18 3.05 -3.36 2.85

Competitive Comparison of Henan Hengxing Science & Technology Co's Total Payout Yield %

For the Steel subindustry, Henan Hengxing Science & Technology Co's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Henan Hengxing Science & Technology Co's Total Payout Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Hengxing Science & Technology Co's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Henan Hengxing Science & Technology Co's Total Payout Yield % falls into.



Henan Hengxing Science & Technology Co Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Henan Hengxing Science & Technology Co's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 0 + -129.034) / 4386.8202
=2.94%

Henan Hengxing Science & Technology Co's annualized Total Payout Yield % for the quarter that ended in Mar. 2024 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0 + -27.666) * 4 / 3882.2658
=2.85%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Henan Hengxing Science & Technology Co Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Henan Hengxing Science & Technology Co Total Payout Yield % Related Terms

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Henan Hengxing Science & Technology Co (SZSE:002132) Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251
Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.
Executives
Li Ming Directors, executives
Xu Hui Jing Directors, executives
Xie Bao Wan Director
Xie Bao Jian Executives
Zhang Yun Hong Directors, executives
Xie Xiao Long Directors, executives
Xie Jin Bao Executives
Zhao Wen Juan Directors, executives
Bai Zhong Xiang Independent director
Xie Bao Jun Director
Chen Bing Zhang Director
Tan Shi Hong Supervisors
Li Bao Jie Executives
Jiao Yao Zhong Directors, executives
Xie Fu Qiang Director

Henan Hengxing Science & Technology Co (SZSE:002132) Headlines

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