Shanghainmao Enterprise (Group) Co (SHSE:600689) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600689 Shanghai Sanmao Enterprise (Group) Co Ltd SHSE:600689
58 GF Score
Price ¥9.94
GF Value ¥14.83
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Shanghainmao Enterprise (Group) Co Dividend Payout Ratio?

Shanghainmao Enterprise (Group) Co SHSE:600689 +1.22% 58 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:600689 with a GF Score™ of 58/100 and a GF Value™ of ¥14.83 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 412 Manufacturing - Apparel & Accessories companies, Shanghainmao Enterprise (Group) Co ranks better than 73.79% 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. Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600689' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.38   Max: 0.43
Current: 0.22


During the past 13 years, the highest Dividend Payout Ratio of Shanghainmao Enterprise (Group) Co was 0.43. The lowest was 0.22. And the median was 0.38.

SHSE:600689's Dividend Payout Ratio is ranked better than
73.79% of 412 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs SHSE:600689: 0.22

As of today (2026-07-16), the Dividend Yield % of Shanghainmao Enterprise (Group) Co is 0.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shanghainmao Enterprise (Group) Co was 0.39%. The lowest was 0.10%. And the median was 0.17%.

Shanghainmao Enterprise (Group) Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

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.


Shanghainmao Enterprise (Group) Co (SHSE:600689) 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.


Shanghainmao Enterprise (Group) Co Dividend Payout Ratio Related Terms


Shanghainmao Enterprise (Group) Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Shanghainmao Enterprise (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.

Shanghainmao Enterprise (Group) Co Dividend Payout Ratio Chart

Shanghainmao Enterprise (Group) 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 0.00 0.00 0.00 0.00 0.38

Shanghainmao Enterprise (Group) 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 0.00 0.00 0.60 0.00 0.00

Shanghainmao Enterprise (Group) Co Dividend Payout Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Shanghainmao Enterprise (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.


Shanghainmao Enterprise (Group) Co Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio falls into.


SHSE:600689
58GF Score
Shanghai Sanmao Enterprise (Group) Co Ltd SHSE:600689
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghainmao Enterprise (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.

Shanghainmao Enterprise (Group) 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 )
=0.015/ 0.04
=0.38

Shanghainmao Enterprise (Group) 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/ 0.009
=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?
Shanghainmao Enterprise (Group) Co (SHSE:600689) 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 Shanghainmao Enterprise (Group) Co and its competitors. Over the past decade, Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio has ranged from 0.22 to 0.43. According to the industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #108 out of 412 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.2%.
Is Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio too high?
Shanghainmao Enterprise (Group) Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.43. Based on the distribution chart, Shanghainmao Enterprise (Group) Co ranks #108 out of 412 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanghainmao Enterprise (Group) Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghainmao Enterprise (Group) Co's Dividend Payout Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #108 out of 412 companies for Dividend Payout Ratio. This puts Shanghainmao Enterprise (Group) Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Shanghainmao Enterprise (Group) Co's own Dividend Payout Ratio has ranged from 0.22 to 0.43 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 Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 412 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 Shanghainmao Enterprise (Group) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghainmao Enterprise (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 Shanghainmao Enterprise (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co (SHSE:600689) is currently considered Possible Value Trap. The stock's GF Value™ is ¥14.83, compared to a current price of ¥9.94 — trading 33% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Shanghainmao Enterprise (Group) Co's overall GF Score™ is 58/100 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 Shanghainmao Enterprise (Group) Co (SHSE:600689), 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 Shanghainmao Enterprise (Group) Co (SHSE:600689) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co stock appears to be undervalued. The current stock price of ¥9.94 is trading 33% below its estimated GF Value™ of ¥14.83. GuruFocus considers Shanghainmao Enterprise (Group) Co to be Possible Value Trap.

Key valuation signals for SHSE:600689:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥14.83 vs. price of ¥9.94 (33% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghainmao Enterprise (Group) Co Business Description

Other Exchanges 900922:China
Address No. 791 Xietu Road, Huangpu District, Shanghai, CHN, 200023
Shanghai Sanmao Enterprise (Group) Co Ltd is in the business of importing and exporting of woolen textile products. Further, it is also involved in real estate investment, modern estate management, development and management of real estate, sale of wool textile and related products and services. Geographically, the activities are carried out in China. The company generates key revenue from the import and export trade of textile products.
58GF Score

Get the complete analysis for SHSE:600689

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

¥9.94
Price
¥14.83
GF Value