Henan Pinggao Electric Co (SHSE:600312) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:600312 Henan Pinggao Electric Co Ltd SHSE:600312
87 GF Score
Price ¥17.33
GF Value ¥16.97
Valuation Fairly Valued
! 2 Warning Signs
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What is Henan Pinggao Electric Co Dividend Payout Ratio?

Henan Pinggao Electric Co SHSE:600312 +3.90% 87 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:600312 with a GF Score™ of 87/100 and a GF Value™ of ¥16.97 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,722 Industrial Products companies, Henan Pinggao Electric Co ranks better than 65.74% 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. Henan Pinggao Electric Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Henan Pinggao Electric Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600312' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.54   Max: 1.5
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of Henan Pinggao Electric Co was 1.50. The lowest was 0.09. And the median was 0.54.

SHSE:600312's Dividend Payout Ratio is ranked better than
65.74% of 1722 companies
in the Industrial Products industry
Industry Median: 0.37 vs SHSE:600312: 0.28

As of today (2026-07-14), the Dividend Yield % of Henan Pinggao Electric Co is 1.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Henan Pinggao Electric Co was 10.81%. The lowest was 0.13%. And the median was 1.07%.

Henan Pinggao Electric Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Henan Pinggao Electric Co's average Dividends Per Share Growth Rate was -41.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 176.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 68.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Henan Pinggao Electric Co was 176.70% per year. The lowest was -56.00% per year. And the median was 4.00% 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.

Henan Pinggao Electric Co (SHSE:600312) 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.

Henan Pinggao Electric Co Dividend Payout Ratio Related Terms

Henan Pinggao Electric Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Henan Pinggao Electric 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.

Henan Pinggao Electric Co Dividend Payout Ratio Chart

Henan Pinggao Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.11 0.09 0.48 0.42

Henan Pinggao Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.32 0.27 0.00 1.32 0.00

SHSE:600312 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, Henan Pinggao Electric 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.

Henan Pinggao Electric Co Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Henan Pinggao Electric Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Henan Pinggao Electric Co's Dividend Payout Ratio falls into.


SHSE:600312
87GF Score
Henan Pinggao Electric Co Ltd SHSE:600312
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Pinggao Electric 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.

Henan Pinggao Electric Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.339/ 0.805
=0.42

Henan Pinggao Electric Co'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/ 0.302
=0.00

* 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 0.00 mean?
Henan Pinggao Electric Co (SHSE:600312) 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 Henan Pinggao Electric Co and its competitors. Over the past decade, Henan Pinggao Electric Co's Dividend Payout Ratio has ranged from 0.09 to 1.50. According to the industry distribution chart, Henan Pinggao Electric Co ranks #590 out of 1722 companies in the Industrial Products industry, placing it in the top 34.3%.
Is Henan Pinggao Electric Co's Dividend Payout Ratio too high?
Henan Pinggao Electric Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.50. Based on the distribution chart, Henan Pinggao Electric Co ranks #590 out of 1722 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Henan Pinggao Electric Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Pinggao Electric Co's Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Henan Pinggao Electric Co ranks #590 out of 1722 companies for Dividend Payout Ratio. This puts Henan Pinggao Electric Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, Henan Pinggao Electric Co's own Dividend Payout Ratio has ranged from 0.09 to 1.50 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 Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,722 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 Henan Pinggao Electric Co and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Pinggao Electric 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 Henan Pinggao Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Pinggao Electric Co (SHSE:600312) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.97, compared to a current price of ¥17.33 — trading 2.1% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Henan Pinggao Electric Co's overall GF Score™ is 87/100 with 2 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 Henan Pinggao Electric Co (SHSE:600312), 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 Henan Pinggao Electric Co (SHSE:600312) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Pinggao Electric Co stock appears to be overvalued. The current stock price of ¥17.33 is trading 2.1% above its estimated GF Value™ of ¥16.97. GuruFocus considers Henan Pinggao Electric Co to be Fairly Valued.

Key valuation signals for SHSE:600312:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥16.97 vs. price of ¥17.33 (2.1% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Pinggao Electric Co Business Description

Address No. 22 Nanhuan East Road, Henan Province, Pingtingshan, Henan, CHN, 467001
Henan Pinggao Electric Co Ltd is engaged in the manufacture of high and ultrahigh voltage switchgear. The company's products include 40.5~550 kV high voltage SF6 open circuit breakers, and 72.5~550 kV SF6 gas-insulated metal-enclosed switchgear.
87GF Score

Get the complete analysis for SHSE:600312

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

¥17.33
Price
¥16.97
GF Value