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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. Ningbo United Group Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Ningbo United Group Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:600051'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 1.44
Current: 0.42
During the past 13 years, the highest Dividend Payout Ratio of Ningbo United Group Co was 1.44. The lowest was 0.18. And the median was 0.32.
SHSE:600051's Dividend Payout Ratio is ranked worse than 50.53% of 95
companies
in the Industrial Distribution industry
Industry Median: 0.42
vs SHSE:600051: 0.42
During the past 13 years, the highest Trailing Annual Dividend Yield of Ningbo United Group Co was 3.22%. The lowest was 0.58%. And the median was 1.77%.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -10.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo United Group Co was 115.40% per year. The lowest was -41.50% per year. And the median was 0.00% 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.
Ningbo United Group Co (SHSE:600051) 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.
Ningbo United Group Co Dividend Payout Ratio Related Terms
Ningbo United Group Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ningbo United 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.
Ningbo United Group Co Dividend Payout Ratio Chart
SHSE:600051 vs GWW, FAST, FERG: Dividend Payout Ratio Comparison
For the Industrial Distribution subindustry, Ningbo United 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.
Ningbo United Group Co Dividend Payout Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo United Group Co's Dividend Payout Ratio falls into.
Ningbo United 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.
Ningbo United Group Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ningbo United Group Co (SHSE:600051) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ningbo United Group Co and its competitors. Over the past decade, Ningbo United Group Co's Dividend Payout Ratio has ranged from 0.18 to 1.44. According to the industry distribution chart, Ningbo United Group Co ranks #48 out of 95 companies in the Industrial Distribution industry, placing it in the top 50.5%.
Is Ningbo United Group Co's Dividend Payout Ratio too high?
Ningbo United Group Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.44. Based on the distribution chart, Ningbo United Group Co ranks #48 out of 95 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Ningbo United Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Dividend Payout Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #48 out of 95 companies for Dividend Payout Ratio. This places Ningbo United Group Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Historically, Ningbo United Group Co's own Dividend Payout Ratio has ranged from 0.18 to 1.44 over the past decade. 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 an Industrial Distribution company?
The median Dividend Payout Ratio among Industrial Distribution companies is 0.42, based on 95 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. 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.25, compared to a current price of ¥5.90 — trading 38.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Ningbo United Group Co's overall GF Score™ is 55/100 with 7 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 Ningbo United Group Co (SHSE:600051), the current Dividend Payout Ratio is 0.00 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued.
The current stock price of ¥5.90 is trading 38.8% above its estimated GF Value™ of ¥4.25.
GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600051:
Dividend Payout Ratio: 0.00
GF Value™: ¥4.25 vs. price of ¥5.90 (38.8% above fair value)
No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
55GF Score
Get the complete analysis for SHSE:600051
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