Changzhou Tonghui Electronic Co (BJSE:920509) Dividend Payout Ratio: 2.36 (As of Jun. 2026) — 269% Above Median

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BJSE:920509 Changzhou Tonghui Electronic Co Ltd BJSE:920509
97 GF Score
Price ¥20.15
GF Value ¥24.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changzhou Tonghui Electronic Co Dividend Payout Ratio?

Changzhou Tonghui Electronic Co BJSE:920509 97 Dividend Payout Ratio is 2.36 as of Jun. 2026, which is 269% above its 10-year median of 0.64. GuruFocus rates BJSE:920509 with a GF Score™ of 97/100 and a GF Value™ of ¥24.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,208 Hardware companies, Changzhou Tonghui Electronic Co ranks worse than 71.11% on this metric.

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. Changzhou Tonghui Electronic Co's Dividend Payout Ratio for the months ended in Jun. 2026 was 2.36.

The historical rank and industry rank for Changzhou Tonghui Electronic Co's Dividend Payout Ratio or its related term are showing as below:

BJSE:920509' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.64   Max: 1.27
Current: 0.68


During the past 13 years, the highest Dividend Payout Ratio of Changzhou Tonghui Electronic Co was 1.27. The lowest was 0.49. And the median was 0.64.

BJSE:920509's Dividend Payout Ratio is ranked worse than
71.11% of 1208 companies
in the Hardware industry
Industry Median: 0.44 vs BJSE:920509: 0.68

As of today (2026-08-20), the Dividend Yield % of Changzhou Tonghui Electronic Co is 1.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Changzhou Tonghui Electronic Co was 4.57%. The lowest was 0.57%. And the median was 1.64%.

Changzhou Tonghui Electronic Co's Dividends per Share for the months ended in Jun. 2026 was ¥0.30.

During the past 12 months, Changzhou Tonghui Electronic Co's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Changzhou Tonghui Electronic Co was 23.40% per year. The lowest was 10.20% per year. And the median was 16.80% 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.


Changzhou Tonghui Electronic Co (BJSE:920509) 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.


Changzhou Tonghui Electronic Co Dividend Payout Ratio Related Terms


Changzhou Tonghui Electronic Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Changzhou Tonghui Electronic Co's Dividend Payout Ratio 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.

Changzhou Tonghui Electronic Co Dividend Payout Ratio Chart

Changzhou Tonghui Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.64 1.27 0.78 0.59

Changzhou Tonghui Electronic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 0.00 0.00 0.00 2.36

BJSE:920509 vs COHR, KEYS, GRMN: Dividend Payout Ratio Comparison

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Changzhou Tonghui Electronic Co Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Changzhou Tonghui Electronic Co's Dividend Payout Ratio falls into.


BJSE:920509
97GF Score
Changzhou Tonghui Electronic Co Ltd BJSE:920509
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.25/ 0.426
=0.59

Changzhou Tonghui Electronic Co's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.3/ 0.127
=2.36

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.36 mean?
Changzhou Tonghui Electronic Co (BJSE:920509) has a Dividend Payout Ratio of 2.36 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Changzhou Tonghui Electronic Co and its competitors. This is 269% above median its historical median of 0.64. Over the past decade, Changzhou Tonghui Electronic Co's Dividend Payout Ratio has ranged from 0.49 to 1.27. According to the industry distribution chart, Changzhou Tonghui Electronic Co ranks #859 out of 1208 companies in the Hardware industry, placing it in the top 71.1%.
Is Changzhou Tonghui Electronic Co's Dividend Payout Ratio too high?
Changzhou Tonghui Electronic Co's current Dividend Payout Ratio of 2.36 is 269% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.27. The Hardware industry median Dividend Payout Ratio is 0.44. Changzhou Tonghui Electronic Co's value of 2.36 is 436.4% above this industry median. Based on the distribution chart, Changzhou Tonghui Electronic Co ranks #859 out of 1208 companies in the Hardware industry, which is below the industry midpoint. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's Dividend Payout Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Changzhou Tonghui Electronic Co ranks #859 out of 1208 companies for Dividend Payout Ratio. This places Changzhou Tonghui Electronic Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Changzhou Tonghui Electronic Co's value of 2.36 is 436.4% above this benchmark. Historically, Changzhou Tonghui Electronic Co's own Dividend Payout Ratio has ranged from 0.49 to 1.27 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.44, Changzhou Tonghui Electronic Co has consistently been above the industry average. 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 Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.44, based on 1,208 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. Changzhou Tonghui Electronic Co's current Dividend Payout Ratio of 2.36 is 436.4% above the industry median. 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 Changzhou Tonghui Electronic Co and its competitors. For the Hardware 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. Changzhou Tonghui Electronic Co's current Dividend Payout Ratio is 2.36, which is 269% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.52, compared to a current price of ¥20.15 — trading 17.8% below its estimated fair value. The current Dividend Payout Ratio is 2.36, which is 269% above median its 10-year median of 0.64 and 436.4% above the Hardware industry median of 0.44. Changzhou Tonghui Electronic Co's overall GF Score™ is 97/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current Dividend Payout Ratio is 2.36 as of Jun. 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 Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued. The current stock price of ¥20.15 is trading 17.8% below its estimated GF Value™ of ¥24.52. GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.

Key valuation signals for BJSE:920509:

  • Dividend Payout Ratio: 2.36 (269% above median its 10-year median of 0.64)
  • GF Value™: ¥24.52 vs. price of ¥20.15 (17.8% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 436.4% above the Hardware median (#859 of 1208)

No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Tonghui Electronic Co Business Description

Address No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
97GF Score

Get the complete analysis for BJSE:920509

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥20.15
Price
¥24.52
GF Value