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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. Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:600356'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.3 Max: 0.48
Current: 0.14
During the past 13 years, the highest Dividend Payout Ratio of Mudanjiang Hengfeng Paper Co was 0.48. The lowest was 0.14. And the median was 0.30.
SHSE:600356's Dividend Payout Ratio is ranked better than 87.93% of 116
companies
in the Forest Products industry
Industry Median: 0.415
vs SHSE:600356: 0.14
During the past 13 years, the highest Trailing Annual Dividend Yield of Mudanjiang Hengfeng Paper Co was 2.42%. The lowest was 0.69%. And the median was 1.36%.
During the past 12 months, Mudanjiang Hengfeng Paper Co's average Dividends Per Share Growth Rate was -12.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mudanjiang Hengfeng Paper Co was 65.10% per year. The lowest was -28.10% per year. And the median was 6.50% 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.
Mudanjiang Hengfeng Paper Co (SHSE:600356) 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.
Mudanjiang Hengfeng Paper Co Dividend Payout Ratio Related Terms
Mudanjiang Hengfeng Paper Co Dividend Payout Ratio Historical Data
* 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.
Mudanjiang Hengfeng Paper Co Dividend Payout Ratio Chart
Mudanjiang Hengfeng Paper Co Dividend Payout Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Mudanjiang Hengfeng Paper 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.
Mudanjiang Hengfeng Paper Co Dividend Payout Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio falls into.
Mudanjiang Hengfeng Paper 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.
Mudanjiang Hengfeng Paper 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.
Mudanjiang Hengfeng Paper Co (SHSE:600356) 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 Mudanjiang Hengfeng Paper Co and its competitors. Over the past decade, Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio has ranged from 0.14 to 0.48. According to the industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #14 out of 116 companies in the Forest Products industry, placing it in the top 12.1%.
Is Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio too high?
Mudanjiang Hengfeng Paper Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.48. Based on the distribution chart, Mudanjiang Hengfeng Paper Co ranks #14 out of 116 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mudanjiang Hengfeng Paper Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mudanjiang Hengfeng Paper Co's Dividend Payout Ratio compare to competitors?
According to the Forest Products industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #14 out of 116 companies for Dividend Payout Ratio. This places Mudanjiang Hengfeng Paper Co in the top 12% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.42. Historically, Mudanjiang Hengfeng Paper Co's own Dividend Payout Ratio has ranged from 0.14 to 0.48 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 a Forest Products company?
The median Dividend Payout Ratio among Forest Products companies is 0.42, based on 116 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 Mudanjiang Hengfeng Paper Co and its competitors. For the Forest Products 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. Mudanjiang Hengfeng Paper 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 Mudanjiang Hengfeng Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co (SHSE:600356) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.37, compared to a current price of ¥8.04 — trading 3.9% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Mudanjiang Hengfeng Paper Co's overall GF Score™ is 74/100 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 Mudanjiang Hengfeng Paper Co (SHSE:600356), 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 Mudanjiang Hengfeng Paper Co (SHSE:600356) Overvalued in 2026?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co stock appears to be undervalued.
The current stock price of ¥8.04 is trading 3.9% below its estimated GF Value™ of ¥8.37.
GuruFocus considers Mudanjiang Hengfeng Paper Co to be Fairly Valued.
Key valuation signals for SHSE:600356:
Dividend Payout Ratio: 0.00
GF Value™: ¥8.37 vs. price of ¥8.04 (3.9% below fair value)
No single metric tells the full story. See the SHSE:600356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
74GF Score
Get the complete analysis for SHSE:600356
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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