Jiangsu New Energy Development Co (SHSE:603693) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Jiangsu New Energy Development Co Dividend Payout Ratio?

Jiangsu New Energy Development Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Jiangsu New Energy Development Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603693' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.33 Max: 0.6
Current: 0.25

During the past 11 years, the highest Dividend Payout Ratio of Jiangsu New Energy Development Co was 0.60. The lowest was 0.19. And the median was 0.33.

SHSE:603693's Dividend Payout Ratio is ranked better than
69.27% of 192 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs SHSE:603693: 0.25

As of today (2024-06-25), the Dividend Yield % of Jiangsu New Energy Development Co is 1.27%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Jiangsu New Energy Development Co was 4.14%. The lowest was 0.45%. And the median was 1.28%.

Jiangsu New Energy Development Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jiangsu New Energy Development Co's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.00% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu New Energy Development Co was 9.30% per year. The lowest was -13.40% per year. And the median was -9.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Jiangsu New Energy Development Co Dividend Payout Ratio Historical Data

The historical data trend for Jiangsu New Energy Development 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.

* Premium members only.

Jiangsu New Energy Development Co Dividend Payout Ratio Chart

Jiangsu New Energy Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.49

0.60

0.30

0.19

0.28

Jiangsu New Energy Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.83	-	-	-

Competitive Comparison of Jiangsu New Energy Development Co's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Jiangsu New Energy Development 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.

Jiangsu New Energy Development Co's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jiangsu New Energy Development Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu New Energy Development Co's Dividend Payout Ratio falls into.

Jiangsu New Energy Development Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Jiangsu New Energy Development Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.15	/	0.53
	=	0.28

Jiangsu New Energy Development Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.28
	=	0.00

Jiangsu New Energy Development Co (SHSE:603693) Dividend Payout Ratio Explanation

In dividends investing, 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.

Jiangsu New Energy Development Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Jiangsu New Energy Development Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu New Energy Development Co (SHSE:603693) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jiangsu New Energy Development Co Ltd (SHSE:603693) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

88 Changjiang Road, Room 2213, Jiangsu, Nanjing, CHN, 210005

Website

http://www.jsne.com.cn

Jiangsu New Energy Development Co Ltd operates in the energy industry. It is engaged in the development of wind energy, solar energy, and biomass energy projects. The company is also engaged in the design and manufacture of high-power offshore wind turbines, offshore engineering equipment, and sales of ancillary products.

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