Henan Thinker Automatic Equipment Co (SHSE:603508) Dividend Payout Ratio: 1.35 (As of Jun. 2026) — 200% Above Median

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:603508 Henan Thinker Automatic Equipment Co Ltd SHSE:603508
75 GF Score
Price ¥21.50
GF Value ¥27.45
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Henan Thinker Automatic Equipment Co Dividend Payout Ratio?

Henan Thinker Automatic Equipment Co SHSE:603508 -1.87% 75 Dividend Payout Ratio is 1.35 as of Jun. 2026, which is 200% above its 10-year median of 0.45. GuruFocus rates SHSE:603508 with a GF Score™ of 75/100 and a GF Value™ of ¥27.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,210 Hardware companies, Henan Thinker Automatic Equipment Co ranks worse than 93.64% 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. Henan Thinker Automatic Equipment Co's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Henan Thinker Automatic Equipment Co Ltd is 1.83, which seems too high.

The historical rank and industry rank for Henan Thinker Automatic Equipment Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603508' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.45   Max: 2.27
Current: 1.83

During the past 13 years, the highest Dividend Payout Ratio of Henan Thinker Automatic Equipment Co was 2.27. The lowest was 0.16. And the median was 0.45.

SHSE:603508's Dividend Payout Ratio is ranked worse than
93.64% of 1210 companies
in the Hardware industry
Industry Median: 0.46 vs SHSE:603508: 1.83

As of today (2026-08-14), the Dividend Yield % of Henan Thinker Automatic Equipment Co is 11.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Henan Thinker Automatic Equipment Co was 15.52%. The lowest was 0.17%. And the median was 1.74%.

Henan Thinker Automatic Equipment Co's Dividends per Share for the months ended in Jun. 2026 was ¥0.53.

During the past 12 months, Henan Thinker Automatic Equipment Co's average Dividends Per Share Growth Rate was 82.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 57.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 62.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Henan Thinker Automatic Equipment Co was 65.30% per year. The lowest was 11.90% per year. And the median was 44.45% 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.

Henan Thinker Automatic Equipment Co (SHSE:603508) 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.

Henan Thinker Automatic Equipment Co Dividend Payout Ratio Related Terms

Henan Thinker Automatic Equipment Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Henan Thinker Automatic Equipment 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.

Henan Thinker Automatic Equipment Co Dividend Payout Ratio Chart

Henan Thinker Automatic Equipment 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 0.23 0.96 0.51 0.70 2.27

Henan Thinker Automatic Equipment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.85 9.46 0.00 0.00 1.35

SHSE:603508 vs COHR, KEYS, GRMN: Dividend Payout Ratio Comparison

For the Scientific & Technical Instruments subindustry, Henan Thinker Automatic Equipment 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.

Henan Thinker Automatic Equipment Co Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Henan Thinker Automatic Equipment Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Henan Thinker Automatic Equipment Co's Dividend Payout Ratio falls into.


SHSE:603508
75GF Score
Henan Thinker Automatic Equipment Co Ltd SHSE:603508
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Thinker Automatic Equipment 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.

Henan Thinker Automatic Equipment 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 )
=3.288/ 1.45
=2.27

Henan Thinker Automatic Equipment Co's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.525/ 0.388
=1.35

* 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 1.35 mean?
Henan Thinker Automatic Equipment Co (SHSE:603508) has a Dividend Payout Ratio of 1.35 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Henan Thinker Automatic Equipment Co and its competitors. This is 200% above median its historical median of 0.45. Over the past decade, Henan Thinker Automatic Equipment Co's Dividend Payout Ratio has ranged from 0.16 to 2.27. According to the industry distribution chart, Henan Thinker Automatic Equipment Co ranks #1133 out of 1210 companies in the Hardware industry, placing it in the top 93.6%.
Is Henan Thinker Automatic Equipment Co's Dividend Payout Ratio too high?
Henan Thinker Automatic Equipment Co's current Dividend Payout Ratio of 1.35 is 200% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.27. The Hardware industry median Dividend Payout Ratio is 0.46. Henan Thinker Automatic Equipment Co's value of 1.35 is 193.5% above this industry median. Based on the distribution chart, Henan Thinker Automatic Equipment Co ranks #1133 out of 1210 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Henan Thinker Automatic Equipment Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Thinker Automatic Equipment Co's Dividend Payout Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Henan Thinker Automatic Equipment Co ranks #1133 out of 1210 companies for Dividend Payout Ratio. This places Henan Thinker Automatic Equipment Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.46. Henan Thinker Automatic Equipment Co's value of 1.35 is 193.5% above this benchmark. Historically, Henan Thinker Automatic Equipment Co's own Dividend Payout Ratio has ranged from 0.16 to 2.27 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.46, Henan Thinker Automatic Equipment Co has consistently been above 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 Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.46, based on 1,210 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. Henan Thinker Automatic Equipment Co's current Dividend Payout Ratio of 1.35 is 193.5% above 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 Henan Thinker Automatic Equipment Co and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Thinker Automatic Equipment Co's current Dividend Payout Ratio is 1.35, which is 200% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Thinker Automatic Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co (SHSE:603508) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.45, compared to a current price of ¥21.50 — trading 21.7% below its estimated fair value. The current Dividend Payout Ratio is 1.35, which is 200% above median its 10-year median of 0.45 and 193.5% above the Hardware industry median of 0.46. Henan Thinker Automatic Equipment Co's overall GF Score™ is 75/100 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 Henan Thinker Automatic Equipment Co (SHSE:603508), the current Dividend Payout Ratio is 1.35 as of Jun. 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 Henan Thinker Automatic Equipment Co (SHSE:603508) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co stock appears to be undervalued. The current stock price of ¥21.50 is trading 21.7% below its estimated GF Value™ of ¥27.45. GuruFocus considers Henan Thinker Automatic Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603508:

  • Dividend Payout Ratio: 1.35 (200% above median its 10-year median of 0.45)
  • GF Value™: ¥27.45 vs. price of ¥21.50 (21.7% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 193.5% above the Hardware median (#1133 of 1210)

No single metric tells the full story. See the SHSE:603508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Thinker Automatic Equipment Co Business Description

Address No. 97, Science Avenue, High-tech Zone, Henan Province, Zhengzhou, CHN, 450001
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
75GF Score

Get the complete analysis for SHSE:603508

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

¥21.50
Price
¥27.45
GF Value