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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. WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of WPG (Shanghai) Smart Water PCL was 2.00. The lowest was 0.39. And the median was 0.41.
SHSE:603956's Dividend Payout Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 0.37 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of WPG (Shanghai) Smart Water PCL was 2.37%. The lowest was 0.00%. And the median was 1.26%.
During the past 12 months, WPG (Shanghai) Smart Water PCL's average Dividends Per Share Growth Rate was -100.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of WPG (Shanghai) Smart Water PCL was 20.70% per year. The lowest was -15.00% per year. And the median was -12.60% 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.
WPG (Shanghai) Smart Water PCL (SHSE:603956) 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.
WPG (Shanghai) Smart Water PCL Dividend Payout Ratio Related Terms
WPG (Shanghai) Smart Water PCL 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.
WPG (Shanghai) Smart Water PCL Dividend Payout Ratio Chart
SHSE:603956 vs GEV, ETN, PH: Dividend Payout Ratio Comparison
For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.
WPG (Shanghai) Smart Water PCL Dividend Payout Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio falls into.
WPG (Shanghai) Smart Water PCL 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.
WPG (Shanghai) Smart Water PCL (SHSE:603956) 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 WPG (Shanghai) Smart Water PCL and its competitors. Over the past decade, WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio has ranged from 0.39 to 2.00. According to the industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #999999 out of 1695 companies in the Industrial Products industry.
Is WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio too high?
WPG (Shanghai) Smart Water PCL's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.00. Based on the distribution chart, WPG (Shanghai) Smart Water PCL ranks #999999 out of 1695 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, WPG (Shanghai) Smart Water PCL has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG (Shanghai) Smart Water PCL's Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #999999 out of 1695 companies for Dividend Payout Ratio. This places WPG (Shanghai) Smart Water PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, WPG (Shanghai) Smart Water PCL's own Dividend Payout Ratio has ranged from 0.39 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,695 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 WPG (Shanghai) Smart Water PCL and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG (Shanghai) Smart Water PCL'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 WPG (Shanghai) Smart Water PCL stock overvalued right now?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL (SHSE:603956) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.69, compared to a current price of ¥6.97 — trading 22.5% above its estimated fair value. The current Dividend Payout Ratio is 0.00. WPG (Shanghai) Smart Water PCL's overall GF Score™ is 72/100 with 9 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 WPG (Shanghai) Smart Water PCL (SHSE:603956), 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 WPG (Shanghai) Smart Water PCL (SHSE:603956) Overvalued in 2026?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL stock appears to be overvalued.
The current stock price of ¥6.97 is trading 22.5% above its estimated GF Value™ of ¥5.69.
GuruFocus considers WPG (Shanghai) Smart Water PCL to be Modestly Overvalued.
Key valuation signals for SHSE:603956:
Dividend Payout Ratio: 0.00
GF Value™: ¥5.69 vs. price of ¥6.97 (22.5% above fair value)
No single metric tells the full story. See the SHSE:603956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.
72GF Score
Get the complete analysis for SHSE:603956
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