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JiaXing Gas Group Co (HKSE:09908) Dividend Payout Ratio : 0.56 (As of Jun. 2024)


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What is JiaXing Gas Group Co Dividend Payout Ratio?

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. JiaXing Gas Group Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.56.

The historical rank and industry rank for JiaXing Gas Group Co's Dividend Payout Ratio or its related term are showing as below:

HKSE:09908' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.3   Max: 0.49
Current: 0.44

During the past 7 years, the highest Dividend Payout Ratio of JiaXing Gas Group Co was 0.49. The lowest was 0.21. And the median was 0.30.

HKSE:09908's Dividend Payout Ratio is ranked better than
58.86% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs HKSE:09908: 0.44

As of today (2025-03-31), the Dividend Yield % of JiaXing Gas Group Co is 9.41%.

During the past 7 years, the highest Trailing Annual Dividend Yield of JiaXing Gas Group Co was 9.41%. The lowest was 1.62%. And the median was 5.08%.

JiaXing Gas Group Co's Dividends per Share for the months ended in Jun. 2024 was HK$0.44.

During the past 12 months, JiaXing Gas Group Co's average Dividends Per Share Growth Rate was 197.30% 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.

JiaXing Gas Group Co Dividend Payout Ratio Historical Data

The historical data trend for JiaXing Gas Group 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.

* Premium members only.

JiaXing Gas Group Co Dividend Payout Ratio Chart

JiaXing Gas Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.49 0.30 0.21

JiaXing Gas Group Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 - 0.16 0.32 0.56

Competitive Comparison of JiaXing Gas Group Co's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, JiaXing Gas Group 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.

JiaXing Gas Group Co's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where JiaXing Gas Group Co's Dividend Payout Ratio falls into.


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JiaXing Gas Group 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.

JiaXing Gas Group Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.446/ 2.085
=0.21

JiaXing Gas Group Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.441/ 0.793
=0.56

* 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.

JiaXing Gas Group Co (HKSE:09908) 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.

JiaXing Gas Group Co Dividend Payout Ratio Related Terms

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

JiaXing Gas Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JiaXing Gas Group Co Ltd (HKSE:09908) » Definitions » Dividend Payout Ratio
Comparable Companies
HKSE:06661 HKSE:06828 HKSE:01940 HKSE:08246 HKSE:02886 HKSE:01265 HKSE:00681 HKSE:01407 HKSE:08007 HKSE:01600 XMAD:NTGY ATO NI MIL:SRG HKSE:00003 BOM:532155 TSE:9531 TSE:9532 HKSE:02688 SHSE:600803
Traded in Other Exchanges
N/A
Address
5th Floor, Building 3, Hualong Plaza,No. 32 Qinyi Road, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN
Website
http://www.jxrqgs.com
JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.
Executives
Xiang Gang Mei Shi Ju Guo Ji Mao Yi You Xian Gong Si 2101 Beneficial owner
Liu Zhenjiang 2201 Interest of corporation controlled by you
Dan Hongying 2202 Interest of your spouse
Sun Lianqing 2201 Interest of corporation controlled by you
Zhao Baoju 2201 Interest of corporation controlled by you
Xinneng (hong Kong) Energy Investment Limited 2201 Interest of corporation controlled by you
Wang Yusuo 2201 Interest of corporation controlled by you
Langfang City Natural Gas Company Limited 2201 Interest of corporation controlled by you
Enn Yingchuang Technology Co., Ltd. 2201 Interest of corporation controlled by you
Enn Natural Gas Co., Ltd. 2201 Interest of corporation controlled by you
Enn Investment Holdings Company Limited 2201 Interest of corporation controlled by you
Enn Group International Investment Limited 2201 Interest of corporation controlled by you
Enn Capital Management Co., Ltd. 2201 Interest of corporation controlled by you
Zheng Yifang 2201 Interest of corporation controlled by you
Chcc Rtt Investment(hk) Limited 2101 Beneficial owner

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