Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603238's Forward Dividend Yield % is ranked worse than 53.46% of 520
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.865
vs SHSE:603238: 2.60
During the past 3 years, the average Dividends Per Share Growth Rate was 71.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HangZhou Nbond Nonwovens Co was 71.00% per year. The lowest was -16.50% per year. And the median was 17.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
HangZhou Nbond Nonwovens Co (SHSE:603238) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
HangZhou Nbond Nonwovens Co Forward Dividend Yield % Related Terms
HangZhou Nbond Nonwovens Co Forward Dividend Yield % Competitor Comparison
For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend 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.
HangZhou Nbond Nonwovens Co Forward Dividend Yield % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where HangZhou Nbond Nonwovens Co's Forward Dividend Yield % falls into.
HangZhou Nbond Nonwovens Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
HangZhou Nbond Nonwovens Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.300000
2026-06-01
2026-05-29
2026-06-01
Cash Dividend
annually
CNY: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.
* 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.
What does a Forward Dividend Yield % of 2.60% mean?
HangZhou Nbond Nonwovens Co (SHSE:603238) has a Forward Dividend Yield % of 2.60% as of Jul. 31, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HangZhou Nbond Nonwovens Co and its competitors. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #278 out of 520 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.5%.
Is HangZhou Nbond Nonwovens Co's Forward Dividend Yield % too high?
HangZhou Nbond Nonwovens Co's current Forward Dividend Yield % is 2.60%. The Manufacturing - Apparel & Accessories industry median Forward Dividend Yield % is 2.87. HangZhou Nbond Nonwovens Co's value of 2.60% is 9.2% below this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #278 out of 520 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's Forward Dividend Yield % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #278 out of 520 companies for Forward Dividend Yield %. This places HangZhou Nbond Nonwovens Co in the lower half of its industry. The industry median Forward Dividend Yield % is 2.87. HangZhou Nbond Nonwovens Co's value of 2.60% is 9.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Manufacturing - Apparel & Accessories company?
The median Forward Dividend Yield % among Manufacturing - Apparel & Accessories companies is 2.87, based on 520 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HangZhou Nbond Nonwovens Co's current Forward Dividend Yield % of 2.60% is 9.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward Dividend Yield % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current Forward Dividend Yield % is 2.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥11.58 — trading 43.7% below its estimated fair value. The current Forward Dividend Yield % is 2.60% and 9.2% below the Manufacturing - Apparel & Accessories industry median of 2.87. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For HangZhou Nbond Nonwovens Co (SHSE:603238), the current Forward Dividend Yield % is 2.60% as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued.
The current stock price of ¥11.58 is trading 43.7% below its estimated GF Value™ of ¥20.56.
GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.
Key valuation signals for SHSE:603238:
Forward Dividend Yield %: 2.60%
GF Value™: ¥20.56 vs. price of ¥11.58 (43.7% below fair value)
Industry Position: 9.2% below the Manufacturing - Apparel & Accessories median (#278 of 520)
No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score
Get the complete analysis for SHSE:603238
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603238 has been successfully added to your 
