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

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SHSE:603988 SEC Electric Machinery Co Ltd SHSE:603988
66 GF Score
Price ¥18.18
GF Value ¥17.65
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is SEC Electric Machinery Co Dividend Payout Ratio?

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 Jun. 2026 was .

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: 0.27   Med: 0.83   Max: 4.89
Current: 0.44


During the past 13 years, the highest Dividend Payout Ratio of SEC Electric Machinery Co was 4.89. The lowest was 0.27. And the median was 0.83.

SHSE:603988's Dividend Payout Ratio is ranked worse than
59.77% of 1673 companies
in the Industrial Products industry
Industry Median: 0.36 vs SHSE:603988: 0.44

As of today (2026-09-22), the Dividend Yield % of SEC Electric Machinery Co is 0.25%.

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 Jun. 2026 was ¥.

During the past 12 months, SEC Electric Machinery Co's average Dividends Per Share Growth Rate was 12.50% 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 0.25 0.25 0.47 0.73 0.35

SEC Electric Machinery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 - - -

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
66GF 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 )
=0.045/ 0.13015843831633
=0.35

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

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ Earnings per Share (Diluted) (Q: Jun. 2026 )
=/ 0.0008
=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.

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 ¥18.18 is trading 3% above its estimated GF Value™ of ¥17.65. GuruFocus considers SEC Electric Machinery Co to be Fairly Valued.

Key valuation signals for SHSE:603988:

  • Dividend Payout Ratio:
  • GF Value™: ¥17.65 vs. price of ¥18.18 (3% above fair value)
  • GF Score™: 66/100 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 Chinese manufacturer of medium and large electric motors and generators. Its product range includes direct current motors, slip ring and squirrel cage alternating current motors, synchronous motors, petroleum drilling motors, mine hoist motors, flameproof motors, wind-driven generators, short-circuit generators, and turbo generators. These products serve industries such as metallurgy, thermal power, petrochemicals, mining, building materials, papermaking, and wind energy conversion. The company sells to industrial customers in China and exports to markets including the United States, Italy, Brazil, Russia, Turkey, South Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan. Revenue comes primarily from manufacturing and selling motors, generators, and related equipment, along with after-sales services and spare parts. The company is based in China and trades on the Shanghai Stock Exchange.
66GF 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.

¥18.18
Price
¥17.65
GF Value