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Kangxin New Materials Co (SHSE:600076) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Kangxin New Materials Co Dividend Payout Ratio?

Kangxin New Materials Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Kangxin New Materials Co's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Kangxin New Materials Co was 0.26. The lowest was 0.06. And the median was 0.16.

SHSE:600076's Dividend Payout Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.3
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-29), the Dividend Yield % of Kangxin New Materials Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kangxin New Materials Co was 2.89%. The lowest was 0.44%. And the median was 0.61%.

Kangxin New Materials Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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


Kangxin New Materials Co Dividend Payout Ratio Historical Data

The historical data trend for Kangxin New Materials 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.

Kangxin New Materials Co Dividend Payout Ratio Chart

Kangxin New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 - - - -

Kangxin New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Kangxin New Materials Co's Dividend Payout Ratio

For the Lumber & Wood Production subindustry, Kangxin New Materials 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.


Kangxin New Materials Co's Dividend Payout Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kangxin New Materials Co's Dividend Payout Ratio falls into.



Kangxin New Materials Co Dividend Payout Ratio Calculation

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

Kangxin New Materials 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/ -0.22
=N/A

Kangxin New Materials Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ -0.03
=N/A

* 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.


Kangxin New Materials Co (SHSE:600076) 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.


Kangxin New Materials Co Dividend Payout Ratio Related Terms

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


Kangxin New Materials Co (SHSE:600076) Business Description

Traded in Other Exchanges
N/A
Address
Wuhan East Lake Central Lake Road No. 57, Jinyinhu Withub 30, Hubei Province, Wuhan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.

Kangxin New Materials Co (SHSE:600076) Headlines

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