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Jinhua Chunguang Technology Co (SHSE:603657) 3-Year Dividend Growth Rate : -5.60% (As of Jun. 2024)


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What is Jinhua Chunguang Technology Co 3-Year Dividend Growth Rate?

Jinhua Chunguang Technology Co's Dividends per Share for the three months ended in Jun. 2024 was ¥0.10.

The historical rank and industry rank for Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:603657' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.3   Med: -12.45   Max: -5.6
Current: -5.6

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Jinhua Chunguang Technology Co was -5.60% per year. The lowest was -19.30% per year. And the median was -12.45% per year.

SHSE:603657's 3-Year Dividend Growth Rate is ranked worse than
83.24% of 895 companies
in the Hardware industry
Industry Median: 14.5 vs SHSE:603657: -5.60

During the past 12 months, Jinhua Chunguang Technology Co's average Dividends Per Share Growth Rate was -66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Jinhua Chunguang Technology Co's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.96. As of today, Jinhua Chunguang Technology Co's Dividend Yield % is 0.82%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jinhua Chunguang Technology Co Ltd is 2.27, which seems too high.

Warning Sign:

Jinhua Chunguang Technology Co Ltd stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate

For the Consumer Electronics subindustry, Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Jinhua Chunguang Technology Co's 3-Year Dividend Growth Rate falls into.



Jinhua Chunguang Technology Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Jinhua Chunguang Technology Co  (SHSE:603657) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Jinhua Chunguang Technology Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.1/ 0.104
=0.96

During the past 10 years, the highest Dividend Payout Ratio of Jinhua Chunguang Technology Co was 2.27. The lowest was 0.36. And the median was 0.69.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jinhua Chunguang Technology Co Ltd is 2.27, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Jinhua Chunguang Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002024-06-072024-06-062024-06-07Cash DividendannuallyCNY:CNY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Jinhua Chunguang Technology Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1/12.37
=0.81 %

Current Share Price is ¥12.37.
Jinhua Chunguang Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

During the past 10 years, the highest Dividend Yield of Jinhua Chunguang Technology Co was 3.83%. The lowest was 0.77%. And the median was 2.04%.

Warning Sign:

Jinhua Chunguang Technology Co Ltd stock dividend yield is close to 10-year low.

* 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.


Jinhua Chunguang Technology Co 3-Year Dividend Growth Rate Related Terms>


Jinhua Chunguang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 420, Anwen Road, Zhejiang Province, Jinhua, CHN, 321000
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assembly for cleaning appliances. The products of the company include central vacuum cleaner hose series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for home.
Executives
Lv Jing Directors, senior managers
Wu Jian Kai senior management
Fu Wei Cai senior management
Weng Yong Hua senior management
Wang Sheng Yong Directors, senior managers
Zhang Chun Xia Director
Chen Kai Director
Chen Zheng Ming Director

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