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Hit Welding Industry Co (SZSE:301137) Buyback Yield % : 0.00 (As of Sep. 22, 2024)


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What is Hit Welding Industry 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.

Hit Welding Industry Co's current buyback yield was 0.00%.


Hit Welding Industry Co Buyback Yield % Historical Data

The historical data trend for Hit Welding Industry 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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Hit Welding Industry Co Buyback Yield % Chart

Hit Welding Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Hit Welding Industry Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Hit Welding Industry Co's Buyback Yield %

For the Specialty Industrial Machinery subindustry, Hit Welding Industry 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.


Hit Welding Industry Co's Buyback Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hit Welding Industry Co's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Hit Welding Industry Co's Buyback Yield % falls into.



Hit Welding Industry Co Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Hit Welding Industry 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) / 3325.35977
=0.00%

Hit Welding Industry Co's annualized Buyback Yield for the quarter that ended in Jun. 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 / 2649.01541
=0.00%

* 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.

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


Hit Welding Industry Co Buyback Yield % Related Terms

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Hit Welding Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213102
Hit Welding Industry Co Ltd is engaged in research and development, production and sales of various fusion welding materials. The company manufactures metal welding wire, special electrode, welding accessories, trackless guide permanent magnet wheel crawler type all-position autonomous crawling arc welding robot, hoisting machinery equipment manufacturing, and welding equipment.

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