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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. Hangzhou Freely Communication Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Hangzhou Freely Communication Co's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Hangzhou Freely Communication Co was 2.00. The lowest was 0.27. And the median was 0.34.
SHSE:603602's Dividend Payout Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.55 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Hangzhou Freely Communication Co was 0.73%. The lowest was 0.17%. And the median was 0.32%.
During the past 12 months, Hangzhou Freely Communication Co's average Dividends Per Share Growth Rate was 16.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 21.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hangzhou Freely Communication Co was 32.60% per year. The lowest was -20.20% per year. And the median was 17.30% 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 Freely Communication Co (SHSE:603602) 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 Freely Communication Co Dividend Payout Ratio Related Terms
Hangzhou Freely Communication 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.
Hangzhou Freely Communication Co Dividend Payout Ratio Chart
SHSE:603602 vs VZ, TMUS, T: Dividend Payout Ratio Comparison
For the Telecom Services subindustry, Hangzhou Freely Communication 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 Freely Communication Co Dividend Payout Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou Freely Communication Co's Dividend Payout Ratio falls into.
Hangzhou Freely Communication 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.
Hangzhou Freely Communication Co (SHSE:603602) 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 Freely Communication Co and its competitors. Over the past decade, Hangzhou Freely Communication Co's Dividend Payout Ratio has ranged from 0.27 to 2.00. According to the industry distribution chart, Hangzhou Freely Communication Co ranks #999999 out of 190 companies in the Telecommunication Services industry.
Is Hangzhou Freely Communication Co's Dividend Payout Ratio too high?
Hangzhou Freely Communication Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.00. Based on the distribution chart, Hangzhou Freely Communication Co ranks #999999 out of 190 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Hangzhou Freely Communication 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 Hangzhou Freely Communication Co's Dividend Payout Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Hangzhou Freely Communication Co ranks #999999 out of 190 companies for Dividend Payout Ratio. This places Hangzhou Freely Communication Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.55. Historically, Hangzhou Freely Communication Co's own Dividend Payout Ratio has ranged from 0.27 to 2.00 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 Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.55, based on 190 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 Freely Communication Co and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Freely Communication 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 Freely Communication Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Freely Communication Co (SHSE:603602) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.50, compared to a current price of ¥11.74 — trading 32.9% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Hangzhou Freely Communication Co's overall GF Score™ is 64/100 with 5 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 Freely Communication Co (SHSE:603602), 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 Freely Communication Co (SHSE:603602) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Freely Communication Co stock appears to be undervalued.
The current stock price of ¥11.74 is trading 32.9% below its estimated GF Value™ of ¥17.50.
GuruFocus considers Hangzhou Freely Communication Co to be Possible Value Trap.
Key valuation signals for SHSE:603602:
Dividend Payout Ratio: 0.00
GF Value™: ¥17.50 vs. price of ¥11.74 (32.9% below fair value)
No single metric tells the full story. See the SHSE:603602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation, and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services, and network generation services.
64GF Score
Get the complete analysis for SHSE:603602
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