MingYang Smart Energy Group (SHSE:601615) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is MingYang Smart Energy Group Dividend Payout Ratio?

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. MingYang Smart Energy Group's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MingYang Smart Energy Group Ltd is 1.72, which seems too high.

The historical rank and industry rank for MingYang Smart Energy Group's Dividend Payout Ratio or its related term are showing as below:

SHSE:601615' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 3.38
Current: 1.72

During the past 13 years, the highest Dividend Payout Ratio of MingYang Smart Energy Group was 3.38. The lowest was 0.07. And the median was 0.12.

SHSE:601615's Dividend Payout Ratio is ranked worse than
97.09% of 1751 companies
in the Industrial Products industry
Industry Median: 0.36 vs SHSE:601615: 1.72

As of today (2025-04-16), the Dividend Yield % of MingYang Smart Energy Group is 3.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MingYang Smart Energy Group was 3.64%. The lowest was 0.31%. And the median was 0.81%.

MingYang Smart Energy Group's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 57.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MingYang Smart Energy Group was 57.40% per year. The lowest was 56.20% per year. And the median was 56.80% 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.

MingYang Smart Energy Group Dividend Payout Ratio Historical Data

The historical data trend for MingYang Smart Energy Group'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.

* Premium members only.

MingYang Smart Energy Group Dividend Payout Ratio Chart

MingYang Smart Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.12

0.09

0.07

0.16

3.38

MingYang Smart Energy Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	1.82	-

Competitive Comparison of MingYang Smart Energy Group's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.

MingYang Smart Energy Group's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Dividend Payout Ratio falls into.

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MingYang Smart Energy Group Dividend Payout Ratio Calculation

MingYang Smart Energy Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.304	/	0.09
	=	3.38

MingYang Smart Energy Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	0.089
	=	0.00

MingYang Smart Energy Group (SHSE:601615) 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.

MingYang Smart Energy Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of MingYang Smart Energy Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

MingYang Smart Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MingYang Smart Energy Group Ltd (SHSE:601615) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan, Guangdong, CHN, 528400

Website

http://www.mywind.com.cn

MingYang Smart Energy Group Ltd is a wind turbine manufacturer, that provides accessible green and smart energy, and a full lifecycle renewable solutions provider. The Group's business is divided into three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.

Executives

Zhang Chuan Wei	Directors, senior managers
Shen Zhong Min	Directors, senior managers
Zhang Qi Ying	Directors, senior managers
Yu Jiang Tao	senior management
Liang Cai Fa	senior management
Wang Dong Dong	senior management
Yi Ling Na	senior management
Zhang Zhong Hai	senior management
Wang Jin Fa	Directors, senior managers
Cheng Jia Wan	senior management
Liu Jian Jun	senior management
Yang Pu	senior management
Zhang Rui	Director

MingYang Smart Energy Group Headlines

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