Wah Sun Handbags International Holdings (HKSE:02683) Dividend Payout Ratio: 0.43 (As of Mar. 2026) — 23% Above Median

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HKSE:02683 Wah Sun Handbags International Holdings Ltd HKSE:02683
66 GF Score
Price HK$1.12
GF Value HK$0.69
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Wah Sun Handbags International Holdings Dividend Payout Ratio?

Wah Sun Handbags International Holdings HKSE:02683 +0.45% 66 Dividend Payout Ratio is 0.43 as of Mar. 2026, which is 23% above its 10-year median of 0.35. GuruFocus rates HKSE:02683 with a GF Score™ of 66/100 and a GF Value™ of HK$0.69 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 416 Manufacturing - Apparel & Accessories companies, Wah Sun Handbags International Holdings ranks better than 55.53% 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. Wah Sun Handbags International Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.43.

The historical rank and industry rank for Wah Sun Handbags International Holdings's Dividend Payout Ratio or its related term are showing as below:

HKSE:02683' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.35   Max: 1.48
Current: 0.38


During the past 12 years, the highest Dividend Payout Ratio of Wah Sun Handbags International Holdings was 1.48. The lowest was 0.10. And the median was 0.35.

HKSE:02683's Dividend Payout Ratio is ranked better than
55.53% of 416 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs HKSE:02683: 0.38

As of today (2026-08-11), the Dividend Yield % of Wah Sun Handbags International Holdings is 7.17%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Wah Sun Handbags International Holdings was 19.42%. The lowest was 1.69%. And the median was 5.00%.

Wah Sun Handbags International Holdings's Dividends per Share for the months ended in Mar. 2026 was HK$0.04.

During the past 12 months, Wah Sun Handbags International Holdings's average Dividends Per Share Growth Rate was 60.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 43.90% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Wah Sun Handbags International Holdings was 38.70% per year. The lowest was -9.10% per year. And the median was 26.00% 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.


Wah Sun Handbags International Holdings (HKSE:02683) 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.


Wah Sun Handbags International Holdings Dividend Payout Ratio Related Terms


Wah Sun Handbags International Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Wah Sun Handbags International Holdings'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.

Wah Sun Handbags International Holdings Dividend Payout Ratio Chart

Wah Sun Handbags International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 1.43 0.29 0.32 0.38

Wah Sun Handbags International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.05 0.00 0.55 0.34 0.43

HKSE:02683 vs NKE, DECK, ONON: Dividend Payout Ratio Comparison

For the Footwear & Accessories subindustry, Wah Sun Handbags International Holdings'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.


Wah Sun Handbags International Holdings Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Wah Sun Handbags International Holdings's Dividend Payout Ratio falls into.


HKSE:02683
66GF Score
Wah Sun Handbags International Holdings Ltd HKSE:02683
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wah Sun Handbags International Holdings 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.

Wah Sun Handbags International Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.08/ 0.211
=0.38

Wah Sun Handbags International Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.04/ 0.093
=0.43

* 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 0.43 mean?
Wah Sun Handbags International Holdings (HKSE:02683) has a Dividend Payout Ratio of 0.43 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Wah Sun Handbags International Holdings and its competitors. This is 23% above median its historical median of 0.35. Over the past decade, Wah Sun Handbags International Holdings' Dividend Payout Ratio has ranged from 0.10 to 1.48. According to the industry distribution chart, Wah Sun Handbags International Holdings ranks #185 out of 416 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.5%.
Is Wah Sun Handbags International Holdings' Dividend Payout Ratio too high?
Wah Sun Handbags International Holdings' current Dividend Payout Ratio of 0.43 is 23% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.48. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.43. Wah Sun Handbags International Holdings' value of 0.43 is 0% at this industry median. Based on the distribution chart, Wah Sun Handbags International Holdings ranks #185 out of 416 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Wah Sun Handbags International Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Sun Handbags International Holdings' Dividend Payout Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wah Sun Handbags International Holdings ranks #185 out of 416 companies for Dividend Payout Ratio. This puts Wah Sun Handbags International Holdings in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Wah Sun Handbags International Holdings' value of 0.43 is 0% at this benchmark. Historically, Wah Sun Handbags International Holdings' own Dividend Payout Ratio has ranged from 0.10 to 1.48 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.43, Wah Sun Handbags International Holdings has consistently been at 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 Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.43, based on 416 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. Wah Sun Handbags International Holdings's current Dividend Payout Ratio of 0.43 is 0% at 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 Wah Sun Handbags International Holdings and its competitors. For the Manufacturing - Apparel & Accessories 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. Wah Sun Handbags International Holdings's current Dividend Payout Ratio is 0.43, which is 23% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Sun Handbags International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wah Sun Handbags International Holdings (HKSE:02683) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.69, compared to a current price of HK$1.12 — trading 62.3% above its estimated fair value. The current Dividend Payout Ratio is 0.43, which is 23% above median its 10-year median of 0.35 and 0% at the Manufacturing - Apparel & Accessories industry median of 0.43. Wah Sun Handbags International Holdings' overall GF Score™ is 66/100 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 Wah Sun Handbags International Holdings (HKSE:02683), the current Dividend Payout Ratio is 0.43 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 Wah Sun Handbags International Holdings (HKSE:02683) Overvalued in 2026?

Based on GuruFocus' analysis, Wah Sun Handbags International Holdings stock appears to be overvalued. The current stock price of HK$1.12 is trading 62.3% above its estimated GF Value™ of HK$0.69. GuruFocus considers Wah Sun Handbags International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02683:

  • Dividend Payout Ratio: 0.43 (23% above median its 10-year median of 0.35)
  • GF Value™: HK$0.69 vs. price of HK$1.12 (62.3% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 0% at the Manufacturing - Apparel & Accessories median (#185 of 416)

No single metric tells the full story. See the HKSE:02683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wah Sun Handbags International Holdings Business Description

Address 30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of non-leather handbag products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Canada, the Netherlands, China, and Other countries. Its non-leather handbags are made of materials such as PU, PVC, and various types of textile materials, which are mainly mass-market and middle-end priced products.
66GF Score

Get the complete analysis for HKSE:02683

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

HK$1.12
Price
HK$0.69
GF Value