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If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chinatesta Textile Testing and Certification Services Co Ltd is 1.05, which seems too high.
BJSE:920122's Dividend Payout Ratio is ranked worse than 88.5% of 513
companies
in the Business Services industry
Industry Median: 0.44
vs BJSE:920122: 1.05
During the past 12 months, Chinatesta Textile Testing and Certification Services Co's average Dividends Per Share Growth Rate was -12.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -4.20% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Chinatesta Textile Testing and Certification Services Co was -4.20% per year. The lowest was -4.20% per year. And the median was -4.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Chinatesta Textile Testing and Certification Services Co (BJSE:920122) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
Chinatesta Textile Testing and Certification Services Co Dividend Payout Ratio Related Terms
Chinatesta Textile Testing and Certification Services Co Dividend Payout Ratio Historical Data
* 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.
Chinatesta Textile Testing and Certification Services Co Dividend Payout Ratio Chart
Chinatesta Textile Testing and Certification Services Co Annual Data
* 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.
Chinatesta Textile Testing and Certification Services Co Dividend Payout Ratio vs Business Services Industry
Chinatesta Textile Testing and Certification Services Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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.
Chinatesta Textile Testing and Certification Services Co (BJSE:920122) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Chinatesta Textile Testing and Certification Services Co and its competitors. Over the past decade, Chinatesta Textile Testing and Certification Services Co's Dividend Payout Ratio has ranged from 0.54 to 1.14. According to the industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #454 out of 513 companies in the Business Services industry, placing it in the top 88.5%.
Is Chinatesta Textile Testing and Certification Services Co's Dividend Payout Ratio too high?
Chinatesta Textile Testing and Certification Services Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.14. Based on the distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #454 out of 513 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chinatesta Textile Testing and Certification Services Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chinatesta Textile Testing and Certification Services Co's Dividend Payout Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #454 out of 513 companies for Dividend Payout Ratio. This places Chinatesta Textile Testing and Certification Services Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Chinatesta Textile Testing and Certification Services Co's own Dividend Payout Ratio has ranged from 0.54 to 1.14 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Business Services company?
The median Dividend Payout Ratio among Business Services companies is 0.44, based on 513 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Chinatesta Textile Testing and Certification Services Co and its competitors. For the Business Services industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatesta Textile Testing and Certification Services Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatesta Textile Testing and Certification Services Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co (BJSE:920122) is currently considered Possible Value Trap. The stock's GF Value™ is ¥39.68, compared to a current price of ¥21.51 — trading 45.8% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Chinatesta Textile Testing and Certification Services 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Chinatesta Textile Testing and Certification Services Co (BJSE:920122), the current Dividend Payout Ratio is 0.00 as of Mar. 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 Chinatesta Textile Testing and Certification Services Co (BJSE:920122) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co stock appears to be undervalued.
The current stock price of ¥21.51 is trading 45.8% below its estimated GF Value™ of ¥39.68.
GuruFocus considers Chinatesta Textile Testing and Certification Services Co to be Possible Value Trap.
Key valuation signals for BJSE:920122:
Dividend Payout Ratio: 0.00
GF Value™: ¥39.68 vs. price of ¥21.51 (45.8% below fair value)
No single metric tells the full story. See the BJSE:920122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinatesta Textile Testing and Certification Services Co Business Description
Chinatesta Textile Testing and Certification Services Co Ltd is engaged in the research and revision of textile standards, inspection, testing, and certification of textile and light industrial products, research and development, management of test consumables, and calibration of textile instruments.
63GF Score
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