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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. SPIC Hydropower Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for SPIC Hydropower Co's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of SPIC Hydropower Co was 2.75. The lowest was 0.34. And the median was 0.46.
SHSE:600292's Dividend Payout Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.54 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 months, SPIC Hydropower Co's average Dividends Per Share Growth Rate was -100.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SPIC Hydropower Co was 88.20% per year. The lowest was -41.50% per year. And the median was 0.05% 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.
SPIC Hydropower Co (SHSE:600292) 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.
SPIC Hydropower Co Dividend Payout Ratio Related Terms
SPIC Hydropower Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for SPIC Hydropower 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.
SHSE:600292 vs NEE, SO, DUK: Dividend Payout Ratio Comparison
For the Utilities - Regulated Electric subindustry, SPIC Hydropower 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.
SPIC Hydropower Co Dividend Payout Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, SPIC Hydropower Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where SPIC Hydropower Co's Dividend Payout Ratio falls into.
SPIC Hydropower 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.
SPIC Hydropower 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.
SPIC Hydropower Co (SHSE:600292) 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 SPIC Hydropower Co and its competitors. Over the past decade, SPIC Hydropower Co's Dividend Payout Ratio has ranged from 0.34 to 2.75. According to the industry distribution chart, SPIC Hydropower Co ranks #999999 out of 375 companies in the Utilities - Regulated industry.
Is SPIC Hydropower Co's Dividend Payout Ratio too high?
SPIC Hydropower Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.75. Based on the distribution chart, SPIC Hydropower Co ranks #999999 out of 375 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, SPIC Hydropower Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIC Hydropower Co's Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPIC Hydropower Co ranks #999999 out of 375 companies for Dividend Payout Ratio. This places SPIC Hydropower Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. Historically, SPIC Hydropower Co's own Dividend Payout Ratio has ranged from 0.34 to 2.75 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 Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 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 SPIC Hydropower Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIC Hydropower 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 SPIC Hydropower Co stock overvalued right now?
Based on GuruFocus' analysis, SPIC Hydropower Co (SHSE:600292) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥12.50 — trading 180.3% above its estimated fair value. The current Dividend Payout Ratio is 0.00. SPIC Hydropower Co's overall GF Score™ is 42/100 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 SPIC Hydropower Co (SHSE:600292), 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 SPIC Hydropower Co (SHSE:600292) Overvalued in 2026?
Based on GuruFocus' analysis, SPIC Hydropower Co stock appears to be overvalued.
The current stock price of ¥12.50 is trading 180.3% above its estimated GF Value™ of ¥4.46.
GuruFocus considers SPIC Hydropower Co to be Significantly Overvalued.
Key valuation signals for SHSE:600292:
Dividend Payout Ratio: 0.00
GF Value™: ¥4.46 vs. price of ¥12.50 (180.3% above fair value)
No single metric tells the full story. See the SHSE:600292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPIC Hydropower Co Ltd is engaged in energy and ecological integration activities, with a focus on hydropower generation and the integrated development and operation of river basin hydropower and new energy projects. Its business scope includes the provision of technical services, technology development and consultation, technology exchange and transfer, and technology promotion.
42GF Score
Get the complete analysis for SHSE:600292
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