Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Zhejiang Tianhong Lithiumion Battery Dividend Payout Ratio?

Zhejiang Tianhong Lithiumion Battery's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zhejiang Tianhong Lithiumion Battery Ltd is 0.87, which seems too high.

The historical rank and industry rank for Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio or its related term are showing as below:

BJSE:873152' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.57 Max: 0.87
Current: 0.87

During the past 8 years, the highest Dividend Payout Ratio of Zhejiang Tianhong Lithiumion Battery was 0.87. The lowest was 0.57. And the median was 0.57.

BJSE:873152's Dividend Payout Ratio is ranked worse than
87.48% of 1661 companies
in the Industrial Products industry
Industry Median: 0.33 vs BJSE:873152: 0.87

As of today (2024-06-03), the Dividend Yield % of Zhejiang Tianhong Lithiumion Battery is 0.96%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Zhejiang Tianhong Lithiumion Battery was 1.21%. The lowest was 0.61%. And the median was 0.97%.

Zhejiang Tianhong Lithiumion Battery's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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

Zhejiang Tianhong Lithiumion Battery Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio 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.

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Zhejiang Tianhong Lithiumion Battery Dividend Payout Ratio Chart

Zhejiang Tianhong Lithiumion Battery Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.57

Zhejiang Tianhong Lithiumion Battery Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	4.69	-	-	-

Competitive Comparison of Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio falls into.

Zhejiang Tianhong Lithiumion Battery Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.075	/	0.131
	=	0.57

Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.02
	=	0.00

Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Zhejiang Tianhong Lithiumion Battery Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Zhejiang Tianhong Lithiumion Battery's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tianhong Lithiumion Battery Ltd (BJSE:873152) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 318, Changcheng Road, Taihu Street, Changxing County, Zhejiang Province, Huzhou City, CHN, 313100

Website

https://www.cnthpower.com

Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.

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