Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Zhejiang Red Dragonfly Footwear Co Dividend Payout Ratio?

Zhejiang Red Dragonfly Footwear Co's dividend payout ratio for the months ended in Mar. 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 Zhejiang Red Dragonfly Footwear Co Ltd is 3.30, which seems too high.

The historical rank and industry rank for Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603116' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 1.64 Max: 18
Current: 3.3

During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Red Dragonfly Footwear Co was 18.00. The lowest was 0.14. And the median was 1.64.

SHSE:603116's Dividend Payout Ratio is ranked worse than
97.67% of 429 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs SHSE:603116: 3.30

As of today (2024-06-19), the Dividend Yield % of Zhejiang Red Dragonfly Footwear Co is 7.80%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zhejiang Red Dragonfly Footwear Co was 8.06%. The lowest was 0.32%. And the median was 3.31%.

Zhejiang Red Dragonfly Footwear Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Red Dragonfly Footwear Co's average Dividends Per Share Growth Rate was 40.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Red Dragonfly Footwear Co was 46.70% per year. The lowest was -1.90% per year. And the median was 11.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Zhejiang Red Dragonfly Footwear Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Red Dragonfly Footwear 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.

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Zhejiang Red Dragonfly Footwear Co Dividend Payout Ratio Chart

Zhejiang Red Dragonfly Footwear Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.64

18.00

5.40

11.67

Zhejiang Red Dragonfly Footwear Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	6.60	-	-	-

Competitive Comparison of Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio

For the Footwear & Accessories subindustry, Zhejiang Red Dragonfly Footwear 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.

Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio falls into.

Zhejiang Red Dragonfly Footwear Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Zhejiang Red Dragonfly Footwear Co'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 )
	=	0.35	/	0.03
	=	11.67

Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.043
	=	0.00

Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Dividend Payout Ratio Explanation

In dividends investing, 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.

Zhejiang Red Dragonfly Footwear Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Zhejiang Red Dragonfly Footwear Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Red Dragonfly Footwear Co Ltd (SHSE:603116) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjiatun Road, Dongpu Industrial Zone, Yubei Town, Yongjia County, Zhejiang, Wenzhou, CHN, 325102

Website

http://www.cnhqt.com

Zhejiang Red Dragonfly Footwear Co Ltd is engaged in research and development, production and sale of Red Dragonfly brand shoes and leather goods, clothing and other industry. The company main products include men's and women's shoes, children's shoes and apparels, leather belts, wallets, and leather handbags, among others.

Executives

Qian Jin Bo	Director
Wang Jian Bin	Director
Zhang Shao Bin	Directors, senior managers
Xue Xia	senior management
Fang Xuan Ping	Director
Chen Ming Hai	Director
Xu Zhi Hong	senior management
Jin Yin Kuan	Director
Dong Zhong Wu	senior management
Xu Wei	senior management
Qian Xiu Fen	senior management
Chen Man Cang	Supervisors

Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Headlines

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