China New Higher Education Group (HKSE:02001) Dividend Payout Ratio : 0.00 (As of Feb. 2024)

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What is China New Higher Education Group Dividend Payout Ratio?

China New Higher Education Group's dividend payout ratio for the months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for China New Higher Education Group's Dividend Payout Ratio or its related term are showing as below:

HKSE:02001' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.3 Max: 0.52
Current: 0.28

During the past 10 years, the highest Dividend Payout Ratio of China New Higher Education Group was 0.52. The lowest was 0.12. And the median was 0.30.

HKSE:02001's Dividend Payout Ratio is ranked better than
69.07% of 97 companies
in the Education industry
Industry Median: 0.45 vs HKSE:02001: 0.28

As of today (2024-06-23), the Dividend Yield % of China New Higher Education Group is 6.37%.

During the past 10 years, the highest Trailing Annual Dividend Yield of China New Higher Education Group was 12.06%. The lowest was 0.31%. And the median was 2.14%.

China New Higher Education Group's Dividends per Share for the months ended in Feb. 2024 was HK$0.00.

During the past 12 months, China New Higher Education Group's average Dividends Per Share Growth Rate was -41.10% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of China New Higher Education Group was 53.00% per year. The lowest was 23.50% per year. And the median was 38.25% per year.

The growth rate is calculated with least square regression.

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

China New Higher Education Group Dividend Payout Ratio Historical Data

The historical data trend for China New Higher Education Group'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.

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China New Higher Education Group Dividend Payout Ratio Chart

China New Higher Education Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

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0.22

0.30

0.51

0.52

China New Higher Education Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial													0.38	0.67	0.38	0.71	-

Competitive Comparison of China New Higher Education Group's Dividend Payout Ratio

For the Education & Training Services subindustry, China New Higher Education Group'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.

China New Higher Education Group's Dividend Payout Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Dividend Payout Ratio falls into.

China New Higher Education Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

China New Higher Education Group's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.234	/	0.451
	=	0.52

China New Higher Education Group's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0	/	0.3
	=	0.00

China New Higher Education Group (HKSE:02001) Dividend Payout Ratio Explanation

In dividends investing, 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.

China New Higher Education Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of China New Higher Education Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China New Higher Education Group (HKSE:02001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China New Higher Education Group Ltd (HKSE:02001) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

8CN:Germany

Address

5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN

Website

https://www.xingaojiao.com

China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Li Xiaoxuan	2101 Beneficial owner
Aspire Education Management Co., Ltd.	2101 Beneficial owner
Tx Capital (hk) Limited	2102 Investment manager
Greenwoods Asset Management Hong Kong Limited	2102 Investment manager
Invest Partner Group Limited	2201 Interest of corporation controlled by you
Jiang Jinzhi	2201 Interest of corporation controlled by you
Aspire Education Technology Co., Ltd.	2101 Beneficial owner

China New Higher Education Group (HKSE:02001) Headlines

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