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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. Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:603538'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.2 Max: 4.07
Current: 0.08
During the past 13 years, the highest Dividend Payout Ratio of Ningbo Menovo Pharmaceutical Co was 4.07. The lowest was 0.08. And the median was 0.20.
SHSE:603538's Dividend Payout Ratio is ranked better than 92.58% of 445
companies
in the Drug Manufacturers industry
Industry Median: 0.38
vs SHSE:603538: 0.08
During the past 13 years, the highest Trailing Annual Dividend Yield of Ningbo Menovo Pharmaceutical Co was 1.48%. The lowest was 0.06%. And the median was 0.68%.
During the past 12 months, Ningbo Menovo Pharmaceutical Co's average Dividends Per Share Growth Rate was 157.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -36.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Menovo Pharmaceutical Co was 28.20% per year. The lowest was -36.70% per year. And the median was 11.70% 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.
Ningbo Menovo Pharmaceutical Co (SHSE:603538) 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.
Ningbo Menovo Pharmaceutical Co Dividend Payout Ratio Related Terms
Ningbo Menovo Pharmaceutical 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.
Ningbo Menovo Pharmaceutical Co Dividend Payout Ratio Chart
SHSE:603538 vs ZTS, UTHR: Dividend Payout Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Ningbo Menovo Pharmaceutical 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.
Ningbo Menovo Pharmaceutical Co Dividend Payout Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio falls into.
Ningbo Menovo Pharmaceutical 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.
Ningbo Menovo Pharmaceutical Co (SHSE:603538) 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 Ningbo Menovo Pharmaceutical Co and its competitors. Over the past decade, Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio has ranged from 0.08 to 4.07. According to the industry distribution chart, Ningbo Menovo Pharmaceutical Co ranks #33 out of 445 companies in the Drug Manufacturers industry, placing it in the top 7.4%.
Is Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio too high?
Ningbo Menovo Pharmaceutical Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 4.07. Based on the distribution chart, Ningbo Menovo Pharmaceutical Co ranks #33 out of 445 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Menovo Pharmaceutical Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Ningbo Menovo Pharmaceutical Co ranks #33 out of 445 companies for Dividend Payout Ratio. This places Ningbo Menovo Pharmaceutical Co in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.38. Historically, Ningbo Menovo Pharmaceutical Co's own Dividend Payout Ratio has ranged from 0.08 to 4.07 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 Drug Manufacturers company?
The median Dividend Payout Ratio among Drug Manufacturers companies is 0.38, based on 445 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 Ningbo Menovo Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Menovo Pharmaceutical 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 Ningbo Menovo Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co (SHSE:603538) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.32, compared to a current price of ¥28.86 — trading 76.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Ningbo Menovo Pharmaceutical Co's overall GF Score™ is 55/100 with 6 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 Ningbo Menovo Pharmaceutical Co (SHSE:603538), 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 Ningbo Menovo Pharmaceutical Co (SHSE:603538) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co stock appears to be overvalued.
The current stock price of ¥28.86 is trading 76.8% above its estimated GF Value™ of ¥16.32.
GuruFocus considers Ningbo Menovo Pharmaceutical Co to be Significantly Overvalued.
Key valuation signals for SHSE:603538:
Dividend Payout Ratio: 0.00
GF Value™: ¥16.32 vs. price of ¥28.86 (76.8% above fair value)
No single metric tells the full story. See the SHSE:603538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Menovo Pharmaceutical Co Business Description
Ningbo Menovo Pharmaceutical Co Ltd is a China-based company is engaged in the research and development, pilot, production and sales of pharmaceutical intermediates, APIs and finished drugs. Its products line includes cardiovascular, central nervous, respiratory, anti-tumor, anti-infective, digestive system, geriatric diseases and anti-viral systems.
55GF Score
Get the complete analysis for SHSE:603538
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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