SEC Electric Machinery Co (SHSE:603988) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:603988 SEC Electric Machinery Co Ltd SHSE:603988
63 GF Score
Price ¥20.65
GF Value ¥15.51
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SEC Electric Machinery Co Dividend Payout Ratio?

SEC Electric Machinery Co SHSE:603988 +10.02% 63 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:603988 with a GF Score™ of 63/100 and a GF Value™ of ¥15.51 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,695 Industrial Products companies, SEC Electric Machinery Co ranks better than 83.42% 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. SEC Electric Machinery Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for SEC Electric Machinery Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603988' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.83   Max: 4.89
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of SEC Electric Machinery Co was 4.89. The lowest was 0.16. And the median was 0.83.

SHSE:603988's Dividend Payout Ratio is ranked better than
83.42% of 1695 companies
in the Industrial Products industry
Industry Median: 0.37 vs SHSE:603988: 0.16

As of today (2026-08-05), the Dividend Yield % of SEC Electric Machinery Co is 0.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SEC Electric Machinery Co was 10.54%. The lowest was 0.11%. And the median was 0.61%.

SEC Electric Machinery Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, SEC Electric Machinery Co's average Dividends Per Share Growth Rate was -33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -43.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SEC Electric Machinery Co was 108.90% per year. The lowest was -59.10% per year. And the median was 14.25% 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.

SEC Electric Machinery Co (SHSE:603988) 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.

SEC Electric Machinery Co Dividend Payout Ratio Related Terms

SEC Electric Machinery Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SEC Electric Machinery 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.

SEC Electric Machinery Co Dividend Payout Ratio Chart

SEC Electric Machinery 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 4.89 0.27 0.66 0.86 0.80

SEC Electric Machinery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.27 0.00 0.00 0.00

SHSE:603988 vs GEV, ETN, PH: Dividend Payout Ratio Comparison

For the Specialty Industrial Machinery subindustry, SEC Electric Machinery 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.

SEC Electric Machinery Co Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SEC Electric Machinery Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SEC Electric Machinery Co's Dividend Payout Ratio falls into.


SHSE:603988
63GF Score
SEC Electric Machinery Co Ltd SHSE:603988
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEC Electric Machinery 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.

SEC Electric Machinery 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 )
=0.04/ 0.05
=0.80

SEC Electric Machinery Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 0.025
=0.00

* 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 0.00 mean?
SEC Electric Machinery Co (SHSE:603988) 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 SEC Electric Machinery Co and its competitors. Over the past decade, SEC Electric Machinery Co's Dividend Payout Ratio has ranged from 0.16 to 4.89. According to the industry distribution chart, SEC Electric Machinery Co ranks #281 out of 1695 companies in the Industrial Products industry, placing it in the top 16.6%.
Is SEC Electric Machinery Co's Dividend Payout Ratio too high?
SEC Electric Machinery Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 4.89. Based on the distribution chart, SEC Electric Machinery Co ranks #281 out of 1695 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SEC Electric Machinery Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEC Electric Machinery Co's Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SEC Electric Machinery Co ranks #281 out of 1695 companies for Dividend Payout Ratio. This places SEC Electric Machinery Co in the top 17% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, SEC Electric Machinery Co's own Dividend Payout Ratio has ranged from 0.16 to 4.89 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 SEC Electric Machinery Co 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. SEC Electric Machinery 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 SEC Electric Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, SEC Electric Machinery Co (SHSE:603988) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.51, compared to a current price of ¥20.65 — trading 33.1% above its estimated fair value. The current Dividend Payout Ratio is 0.00. SEC Electric Machinery Co's overall GF Score™ is 63/100 with 4 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 SEC Electric Machinery Co (SHSE:603988), 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 SEC Electric Machinery Co (SHSE:603988) Overvalued in 2026?

Based on GuruFocus' analysis, SEC Electric Machinery Co stock appears to be overvalued. The current stock price of ¥20.65 is trading 33.1% above its estimated GF Value™ of ¥15.51. GuruFocus considers SEC Electric Machinery Co to be Significantly Overvalued.

Key valuation signals for SHSE:603988:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥15.51 vs. price of ¥20.65 (33.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SEC Electric Machinery Co Business Description

Address No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN
SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.
63GF Score

Get the complete analysis for SHSE:603988

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

¥20.65
Price
¥15.51
GF Value