Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:603173 Hangzhou Fortune Gas Cryogenic Group Co Ltd SHSE:603173
89 GF Score
Price ¥31.09
GF Value ¥37.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hangzhou Fortune Gas Cryogenic Group Co Dividend Payout Ratio?

Hangzhou Fortune Gas Cryogenic Group Co SHSE:603173 -2.23% 89 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:603173 with a GF Score™ of 89/100 and a GF Value™ of ¥37.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,724 Industrial Products companies, Hangzhou Fortune Gas Cryogenic Group Co ranks better than 83.58% 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. Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603173' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.25
Current: 0.16


During the past 8 years, the highest Dividend Payout Ratio of Hangzhou Fortune Gas Cryogenic Group Co was 0.25. The lowest was 0.13. And the median was 0.19.

SHSE:603173's Dividend Payout Ratio is ranked better than
83.58% of 1724 companies
in the Industrial Products industry
Industry Median: 0.37 vs SHSE:603173: 0.16

As of today (2026-07-19), the Dividend Yield % of Hangzhou Fortune Gas Cryogenic Group Co is 2.64%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Hangzhou Fortune Gas Cryogenic Group Co was 2.64%. The lowest was 0.46%. And the median was 1.15%.

Hangzhou Fortune Gas Cryogenic Group Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Hangzhou Fortune Gas Cryogenic Group Co's average Dividends Per Share Growth Rate was 35.10% 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.


Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) 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.


Hangzhou Fortune Gas Cryogenic Group Co Dividend Payout Ratio Related Terms


Hangzhou Fortune Gas Cryogenic Group Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hangzhou Fortune Gas Cryogenic 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.

Hangzhou Fortune Gas Cryogenic Group Co Dividend Payout Ratio Chart

Hangzhou Fortune Gas Cryogenic Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.00 0.00 0.13 0.25 0.19

Hangzhou Fortune Gas Cryogenic 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 0.48 0.00 0.00 0.00

SHSE:603173 vs GEV, ETN, PH: Dividend Payout Ratio Comparison

For the Specialty Industrial Machinery subindustry, Hangzhou Fortune Gas Cryogenic 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.


Hangzhou Fortune Gas Cryogenic Group Co Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio falls into.


SHSE:603173
89GF Score
Hangzhou Fortune Gas Cryogenic Group Co Ltd SHSE:603173
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Fortune Gas Cryogenic 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.

Hangzhou Fortune Gas Cryogenic 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 )
=0.5/ 2.59
=0.19

Hangzhou Fortune Gas Cryogenic 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/ 0.622
=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?
Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) 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 Hangzhou Fortune Gas Cryogenic Group Co and its competitors. Over the past decade, Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio has ranged from 0.13 to 0.25. According to the industry distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #283 out of 1724 companies in the Industrial Products industry, placing it in the top 16.4%.
Is Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio too high?
Hangzhou Fortune Gas Cryogenic Group Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.25. Based on the distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #283 out of 1724 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Fortune Gas Cryogenic Group Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Fortune Gas Cryogenic Group Co's Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #283 out of 1724 companies for Dividend Payout Ratio. This places Hangzhou Fortune Gas Cryogenic Group Co in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, Hangzhou Fortune Gas Cryogenic Group Co's own Dividend Payout Ratio has ranged from 0.13 to 0.25 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 Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,724 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 Hangzhou Fortune Gas Cryogenic Group Co and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Fortune Gas Cryogenic 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 Hangzhou Fortune Gas Cryogenic Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥37.75, compared to a current price of ¥31.09 — trading 17.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Hangzhou Fortune Gas Cryogenic Group Co's overall GF Score™ is 89/100 with 2 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173), 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co stock appears to be undervalued. The current stock price of ¥31.09 is trading 17.6% below its estimated GF Value™ of ¥37.75. GuruFocus considers Hangzhou Fortune Gas Cryogenic Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603173:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥37.75 vs. price of ¥31.09 (17.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Fortune Gas Cryogenic Group Co Business Description

Address No. 398, Xingqi Road, Yuhang Economic and Technological Development Zone, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311100
Hangzhou Fortune Gas Cryogenic Group Co Ltd is engaged in the development of various cryogenic technology processes and the design, manufacture, and sales of cryogenic equipment. The company's products mainly include air separation equipment, liquefied natural gas equipment (LNG equipment), coil-wound heat exchangers, chemical cold boxes, and cryogenic equipment such as cryogenic storage tanks.
89GF Score

Get the complete analysis for SHSE:603173

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

¥31.09
Price
¥37.75
GF Value