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Tsaker New Energy Tech Co (HKSE:01986) 3-Year Dividend Growth Rate : -15.80% (As of Dec. 2023)


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What is Tsaker New Energy Tech Co 3-Year Dividend Growth Rate?

Tsaker New Energy Tech Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.03.

The historical rank and industry rank for Tsaker New Energy Tech Co's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:01986' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.8   Med: 18.5   Max: 56.9
Current: -15.8

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Tsaker New Energy Tech Co was 56.90% per year. The lowest was -15.80% per year. And the median was 18.50% per year.

HKSE:01986's 3-Year Dividend Growth Rate is ranked worse than
88.06% of 687 companies
in the Chemicals industry
Industry Median: 10.1 vs HKSE:01986: -15.80

During the past 12 months, Tsaker New Energy Tech Co's average Dividends Per Share Growth Rate was -16.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.50% 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.

Tsaker New Energy Tech Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.74. As of today, Tsaker New Energy Tech Co's Dividend Yield % is 7.55%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tsaker New Energy Tech Co Ltd is 1.90, which seems too high.

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


Competitive Comparison of Tsaker New Energy Tech Co's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Tsaker New Energy Tech 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.


Tsaker New Energy Tech Co's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tsaker New Energy Tech Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tsaker New Energy Tech Co's 3-Year Dividend Growth Rate falls into.



Tsaker New Energy Tech 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.


Tsaker New Energy Tech Co  (HKSE:01986) 3-Year Dividend Growth Rate Explanation

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

Tsaker New Energy Tech Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.033/ 0.019
=1.74

During the past 10 years, the highest Dividend Payout Ratio of Tsaker New Energy Tech Co was 1.90. The lowest was 0.12. And the median was 0.27.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tsaker New Energy Tech Co Ltd is 1.90, which seems too high.

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

Tsaker New Energy Tech Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0420002024-05-202024-05-222024-06-28Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0320002023-09-042023-09-062023-11-06Cash Dividendsemi-annuallyHKD:HKD 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.

Tsaker New Energy Tech Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.074/0.97
=7.63 %

Current Share Price is HK$0.97.
Tsaker New Energy Tech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.074.

During the past 10 years, the highest Dividend Yield of Tsaker New Energy Tech Co was 14.56%. The lowest was 0.66%. And the median was 3.69%.

* 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.


Tsaker New Energy Tech Co 3-Year Dividend Growth Rate Related Terms>


Tsaker New Energy Tech Co (HKSE:01986) Business Description

Traded in Other Exchanges
N/A
Address
Yard 109, Jinghai 3rd Road, 1st Floor, Building 10, Beijing Economic-Technological Development Area, Beijing, CHN, 100020
Tsaker New Energy Tech Co Ltd formerly Tsaker Chemical Group Ltd is a manufacturer of dye intermediates, pigment intermediates, battery materials and agricultural chemical intermediates in China. Its operating segments include Dye and agricultural chemical intermediates, Pigment intermediates, Environmental technology consultancy services, and Battery materials. Geographically, it derives the majority of revenue from Mainland China and has a presence in India, Germany, the United States, Taiwan, Spain, Indonesia, Brazil, Italy, Japan, Korea, Turkey, and Other Countries.

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