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Hangzhou XZB Tech Co (SHSE:603040) 3-Year Dividend Growth Rate : 19.10% (As of Mar. 2024)


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What is Hangzhou XZB Tech Co 3-Year Dividend Growth Rate?

Hangzhou XZB Tech Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:603040' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8.2   Med: 18   Max: 32.6
Current: 19.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hangzhou XZB Tech Co was 32.60% per year. The lowest was 8.20% per year. And the median was 18.00% per year.

SHSE:603040's 3-Year Dividend Growth Rate is ranked better than
60.16% of 512 companies
in the Vehicles & Parts industry
Industry Median: 14.5 vs SHSE:603040: 19.10

During the past 12 months, Hangzhou XZB Tech Co's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% 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.

Hangzhou XZB Tech Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Hangzhou XZB Tech Co's Dividend Yield % is 4.42%.

Good Sign:

Hangzhou XZB Tech Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Hangzhou XZB Tech Co's 3-Year Dividend Growth Rate

For the Auto Parts subindustry, Hangzhou XZB 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.


Hangzhou XZB Tech Co's 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Hangzhou XZB 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.


Hangzhou XZB Tech Co  (SHSE:603040) 3-Year Dividend Growth Rate Explanation

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

Hangzhou XZB Tech Co'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/ 0.337
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Hangzhou XZB Tech Co was 0.40. The lowest was 0.16. And the median was 0.31.

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

Hangzhou XZB Tech Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4000002024-06-142024-06-132024-06-14Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.1500002023-09-272023-09-262023-09-27Cash Dividendsemi-annuallyCNY: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.

Hangzhou XZB Tech Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.55/19.95
=2.76 %

Current Share Price is ¥19.95.
Hangzhou XZB Tech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.55.

During the past 13 years, the highest Dividend Yield of Hangzhou XZB Tech Co was 4.54%. The lowest was 0.30%. And the median was 1.42%.

Good Sign:

Hangzhou XZB Tech Co Ltd stock dividend yield is close to 10-year high.

* 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.


Hangzhou XZB Tech Co 3-Year Dividend Growth Rate Related Terms>


Hangzhou XZB Tech Co (SHSE:603040) Business Description

Traded in Other Exchanges
N/A
Address
No.18 Longtan Road, Building 1-5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train system and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy duty diesel engines. In addition, the company also produces precision cold forming components together with good service for power tool, household electrical appliance, aerospace, machinery and other applications.
Executives
Hu Xin Directors, senior managers
Wang Jian Jun Supervisors
Xu Xue Quan Supervisors
Yao Guo Xing Director
Zheng Xiao Ling senior management
Ren Hai Jun Director
Yang Qi Ping senior management
Yang Zhi Jun senior management
Yan Zhen Qiang Supervisors
Zhang Ying senior management
Feng You Sheng Director

Hangzhou XZB Tech Co (SHSE:603040) Headlines

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