MGI Tech Co (SHSE:688114) Buyback Yield % : 0.00 (As of Jun. 06, 2024)

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What is MGI Tech Co Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

MGI Tech Co's current buyback yield was 0.00%.

MGI Tech Co Buyback Yield % Historical Data

The historical data trend for MGI Tech Co's Buyback 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.

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MGI Tech Co Buyback Yield % Chart

MGI Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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MGI Tech Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of MGI Tech Co's Buyback Yield %

For the Medical Devices subindustry, MGI Tech Co's Buyback Yield %, along with its competitors' market caps and Buyback 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.

MGI Tech Co's Buyback Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where MGI Tech Co's Buyback Yield % falls into.

MGI Tech Co Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

MGI Tech Co's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	0)	/	35753.18076
	=	0.00%

MGI Tech Co's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0)	*	4	/	24580.83132
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

MGI Tech Co Buyback Yield % Related Terms

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MGI Tech Co (SHSE:688114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MGI Tech Co Ltd (SHSE:688114) » Definitions » Buyback Yield %

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Traded in Other Exchanges

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Address

Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083

Website

http://www.mgi-tech.com

MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare and other relevant industries.

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