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Solbar Ningbo Protein Technology CoSHSE:603231 +0.52%33 Dividend Payout Ratio is 0.43 as of Mar. 2026, which is 28% below its 10-year median of 0.60. GuruFocus rates SHSE:603231 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 997 Consumer Packaged Goods companies, Solbar Ningbo Protein Technology Co ranks better than 55.57% 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. Solbar Ningbo Protein Technology Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.43.
The historical rank and industry rank for Solbar Ningbo Protein Technology Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:603231'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.6 Max: 0.88
Current: 0.4
During the past 7 years, the highest Dividend Payout Ratio of Solbar Ningbo Protein Technology Co was 0.88. The lowest was 0.32. And the median was 0.60.
SHSE:603231's Dividend Payout Ratio is ranked better than 55.57% of 997
companies
in the Consumer Packaged Goods industry
Industry Median: 0.43
vs SHSE:603231: 0.40
During the past 7 years, the highest Trailing Annual Dividend Yield of Solbar Ningbo Protein Technology Co was 3.50%. The lowest was 1.41%. And the median was 2.49%.
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.
Solbar Ningbo Protein Technology Co (SHSE:603231) 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.
Solbar Ningbo Protein Technology Co Dividend Payout Ratio Related Terms
Solbar Ningbo Protein Technology 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.
Solbar Ningbo Protein Technology Co Dividend Payout Ratio Chart
SHSE:603231 vs KHC, GIS: Dividend Payout Ratio Comparison
For the Packaged Foods subindustry, Solbar Ningbo Protein Technology 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.
Solbar Ningbo Protein Technology Co Dividend Payout Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Solbar Ningbo Protein Technology Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Solbar Ningbo Protein Technology Co's Dividend Payout Ratio falls into.
Solbar Ningbo Protein Technology 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.
Solbar Ningbo Protein Technology Co (SHSE:603231) has a Dividend Payout Ratio of 0.43 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Solbar Ningbo Protein Technology Co and its competitors. This is 28% below median its historical median of 0.60. Over the past decade, Solbar Ningbo Protein Technology Co's Dividend Payout Ratio has ranged from 0.32 to 0.88. According to the industry distribution chart, Solbar Ningbo Protein Technology Co ranks #443 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 44.4%.
Is Solbar Ningbo Protein Technology Co's Dividend Payout Ratio too high?
Solbar Ningbo Protein Technology Co's current Dividend Payout Ratio of 0.43 is 28% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.88. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Solbar Ningbo Protein Technology Co's value of 0.43 is 0% at this industry median. Based on the distribution chart, Solbar Ningbo Protein Technology Co ranks #443 out of 997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Solbar Ningbo Protein Technology Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Solbar Ningbo Protein Technology Co's Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Solbar Ningbo Protein Technology Co ranks #443 out of 997 companies for Dividend Payout Ratio. This puts Solbar Ningbo Protein Technology Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Solbar Ningbo Protein Technology Co's value of 0.43 is 0% at this benchmark. Historically, Solbar Ningbo Protein Technology Co's own Dividend Payout Ratio has ranged from 0.32 to 0.88 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.43, Solbar Ningbo Protein Technology Co has consistently been at the industry average. 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 Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 997 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. Solbar Ningbo Protein Technology Co's current Dividend Payout Ratio of 0.43 is 0% at the industry median. 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 Solbar Ningbo Protein Technology Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solbar Ningbo Protein Technology Co's current Dividend Payout Ratio is 0.43, which is 28% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solbar Ningbo Protein Technology Co stock overvalued right now?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a current Dividend Payout Ratio of 0.43. The current Dividend Payout Ratio is 0.43, which is 28% below median its 10-year median of 0.60 and 0% at the Consumer Packaged Goods industry median of 0.43. Solbar Ningbo Protein Technology Co's overall GF Score™ is 33/100 with 1 warning sign 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 Solbar Ningbo Protein Technology Co (SHSE:603231), the current Dividend Payout Ratio is 0.43 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.
Solbar Ningbo Protein Technology Co Business Description
Solbar Ningbo Protein Technology Co Ltd is engaged in the production and sales of soy protein series products. Its products include Functional Soy Protein Concentrates, Textured Soy Protein Concentrates, Textured Soy Protein, Textured Fibrous Vegetable Protein, Isolated Soy Protein and Defatted Soy Flour.
33GF Score
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