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China Resources Beverage (Holdings) CoHKSE:02460 -2.22%21 Dividend Payout Ratio is 1.65 as of Dec. 2025, which is 60% above its 10-year median of 1.03. GuruFocus rates HKSE:02460 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 68 Beverages - Non-Alcoholic companies, China Resources Beverage (Holdings) Co ranks worse than 89.71% 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. China Resources Beverage (Holdings) Co's Dividend Payout Ratio for the
months ended in Dec. 2025 was 1.65.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China Resources Beverage (Holdings) Co Ltd is 1.03, which seems too high.
HKSE:02460'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.03 Max: 1.03
Current: 1.03
During the past 5 years, the highest Dividend Payout Ratio of China Resources Beverage (Holdings) Co was 1.03. The lowest was 1.03. And the median was 1.03.
HKSE:02460's Dividend Payout Ratio is ranked worse than 89.71% of 68
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.43
vs HKSE:02460: 1.03
During the past 5 years, the highest Trailing Annual Dividend Yield of China Resources Beverage (Holdings) Co was 6.50%. The lowest was 1.72%. And the median was 5.22%.
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.
China Resources Beverage (Holdings) Co (HKSE:02460) 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.
China Resources Beverage (Holdings) Co Dividend Payout Ratio Related Terms
China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co Dividend Payout Ratio Chart
China Resources Beverage (Holdings) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Dividend Payout Ratio
0.00
0.00
0.00
0.00
1.03
China Resources Beverage (Holdings) Co Semi-Annual Data
HKSE:02460 vs KO, PEP, MNST: Dividend Payout Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co Dividend Payout Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Beverage (Holdings) Co's Dividend Payout Ratio falls into.
China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co (HKSE:02460) has a Dividend Payout Ratio of 1.65 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Resources Beverage (Holdings) Co and its competitors. This is 60% above median its historical median of 1.03. Over the past decade, China Resources Beverage (Holdings) Co's Dividend Payout Ratio has ranged from 1.03 to 1.03. According to the industry distribution chart, China Resources Beverage (Holdings) Co ranks #61 out of 68 companies in the Beverages - Non-Alcoholic industry, placing it in the top 89.7%.
Is China Resources Beverage (Holdings) Co's Dividend Payout Ratio too high?
China Resources Beverage (Holdings) Co's current Dividend Payout Ratio of 1.65 is 60% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.03. The Beverages - Non-Alcoholic industry median Dividend Payout Ratio is 0.43. China Resources Beverage (Holdings) Co's value of 1.65 is 283.7% above this industry median. Based on the distribution chart, China Resources Beverage (Holdings) Co ranks #61 out of 68 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's Dividend Payout Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, China Resources Beverage (Holdings) Co ranks #61 out of 68 companies for Dividend Payout Ratio. This places China Resources Beverage (Holdings) Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. China Resources Beverage (Holdings) Co's value of 1.65 is 283.7% above this benchmark. Historically, China Resources Beverage (Holdings) Co's own Dividend Payout Ratio has ranged from 1.03 to 1.03 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.43, China Resources Beverage (Holdings) 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 Beverages - Non-Alcoholic company?
The median Dividend Payout Ratio among Beverages - Non-Alcoholic companies is 0.43, based on 68 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. China Resources Beverage (Holdings) Co's current Dividend Payout Ratio of 1.65 is 283.7% 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 China Resources Beverage (Holdings) Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beverage (Holdings) Co's current Dividend Payout Ratio is 1.65, which is 60% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current Dividend Payout Ratio of 1.65. The current Dividend Payout Ratio is 1.65, which is 60% above median its 10-year median of 1.03 and 283.7% above the Beverages - Non-Alcoholic industry median of 0.43. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 with 5 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 China Resources Beverage (Holdings) Co (HKSE:02460), the current Dividend Payout Ratio is 1.65 as of Dec. 2025. 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.
China Resources Beverage (Holdings) Co Business Description
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
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