SHSE:600905's Dividend Payout Ratio is ranked worse than 55% of 180
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44
vs SHSE:600905: 0.49
During the past 13 years, the highest Trailing Annual Dividend Yield of China Three Gorges Renewables (Group) Co was 1.88%. The lowest was 0.35%. And the median was 1.61%.
During the past 12 months, China Three Gorges Renewables (Group) Co's average Dividends Per Share Growth Rate was -14.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 47.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Three Gorges Renewables (Group) Co was 47.20% per year. The lowest was 27.10% per year. And the median was 37.15% 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.
China Three Gorges Renewables (Group) Co (SHSE:600905) 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.
China Three Gorges Renewables (Group) Co Dividend Payout Ratio Related Terms
China Three Gorges Renewables (Group) 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.
China Three Gorges Renewables (Group) Co Dividend Payout Ratio Chart
China Three Gorges Renewables (Group) Co Annual Data
China Three Gorges Renewables (Group) Co Dividend Payout Ratio Competitor Comparison
For the Utilities - Renewable subindustry, China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Dividend Payout Ratio falls into.
China Three Gorges Renewables (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.
* 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.
China Three Gorges Renewables (Group) Co (SHSE:600905) 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 China Three Gorges Renewables (Group) Co and its competitors. Over the past decade, China Three Gorges Renewables (Group) Co's Dividend Payout Ratio has ranged from 0.08 to 0.61. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #99 out of 180 companies in the Utilities - Independent Power Producers industry, placing it in the top 55%.
Is China Three Gorges Renewables (Group) Co's Dividend Payout Ratio too high?
China Three Gorges Renewables (Group) Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.61. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #99 out of 180 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Dividend Payout Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #99 out of 180 companies for Dividend Payout Ratio. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, China Three Gorges Renewables (Group) Co's own Dividend Payout Ratio has ranged from 0.08 to 0.61 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 - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 180 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 China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers 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. China Three Gorges Renewables (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 China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.43, compared to a current price of ¥3.74 — trading 15.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. China Three Gorges Renewables (Group) Co's overall GF Score™ is 79/100 with 9 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 China Three Gorges Renewables (Group) Co (SHSE:600905), 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued.
The current stock price of ¥3.74 is trading 15.6% below its estimated GF Value™ of ¥4.43.
GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600905:
Dividend Payout Ratio: 0.00
GF Value™: ¥4.43 vs. price of ¥3.74 (15.6% below fair value)
No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Three Gorges Renewables (Group) Co Business Description
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
79GF Score
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