Wencan Group Co (SHSE:603348) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603348 Wencan Group Co Ltd SHSE:603348
64 GF Score
Price ¥13.12
GF Value ¥24.82
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Wencan Group Co Dividend Payout Ratio?

Wencan Group Co SHSE:603348 +0.77% 64 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:603348 with a GF Score™ of 64/100 and a GF Value™ of ¥24.82 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 775 Vehicles & Parts companies, Wencan Group Co ranks worse than 129032.13% 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. Wencan Group Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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


During the past 13 years, the highest Dividend Payout Ratio of Wencan Group Co was 1.11. The lowest was 0.16. And the median was 0.44.

SHSE:603348's Dividend Payout Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.36
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-28), the Dividend Yield % of Wencan Group Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Wencan Group Co was 1.90%. The lowest was 0.00%. And the median was 0.61%.

Wencan Group Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

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.


Wencan Group Co (SHSE:603348) 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.


Wencan Group Co Dividend Payout Ratio Related Terms


Wencan Group Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Wencan 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.

Wencan Group Co Dividend Payout Ratio Chart

Wencan Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.16 0.88 0.43 0.00

Wencan 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 1.24 0.00 0.00 0.00

SHSE:603348 vs ORLY, AZO: Dividend Payout Ratio Comparison

For the Auto Parts subindustry, Wencan 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.


Wencan Group Co Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wencan Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Wencan Group Co's Dividend Payout Ratio falls into.


SHSE:603348
64GF Score
Wencan Group Co Ltd SHSE:603348
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wencan 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.

Wencan 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 )
=0.15/ -1
=N/A

Wencan 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/ -0.095
=N/A

* 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?
Wencan Group Co (SHSE:603348) 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 Wencan Group Co and its competitors. Over the past decade, Wencan Group Co's Dividend Payout Ratio has ranged from 0.16 to 1.11. According to the industry distribution chart, Wencan Group Co ranks #999999 out of 775 companies in the Vehicles & Parts industry.
Is Wencan Group Co's Dividend Payout Ratio too high?
Wencan Group Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.11. Based on the distribution chart, Wencan Group Co ranks #999999 out of 775 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Wencan Group Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wencan Group Co's Dividend Payout Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wencan Group Co ranks #999999 out of 775 companies for Dividend Payout Ratio. This places Wencan Group Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Historically, Wencan Group Co's own Dividend Payout Ratio has ranged from 0.16 to 1.11 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 a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 775 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 Wencan Group Co and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wencan 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 Wencan Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wencan Group Co (SHSE:603348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.82, compared to a current price of ¥13.12 — trading 47.1% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Wencan Group Co's overall GF Score™ is 64/100 with 7 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 Wencan Group Co (SHSE:603348), 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 Wencan Group Co (SHSE:603348) Overvalued in 2026?

Based on GuruFocus' analysis, Wencan Group Co stock appears to be undervalued. The current stock price of ¥13.12 is trading 47.1% below its estimated GF Value™ of ¥24.82. GuruFocus considers Wencan Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603348:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥24.82 vs. price of ¥13.12 (47.1% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wencan Group Co Business Description

Address 125 Heshun Avenue, Lishui Town, Nanhai District, Guangdong Province, Foshan, CHN, 528241
Wencan Group Co Ltd is engaged in the research, development, production and sales of automobile aluminum alloy precision die castings. The products are mainly used in engine systems, gearbox systems, and chassis systems in mid- to high-end automobiles, brake system, body structure parts and other auto parts.
64GF Score

Get the complete analysis for SHSE:603348

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

¥13.12
Price
¥24.82
GF Value