Ningbo Deye Technology (SHSE:605117) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:605117 Ningbo Deye Technology Corp SHSE:605117
88 GF Score
Price ¥80.15
GF Value ¥76.32
Valuation Fairly Valued
! 3 Warning Signs
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What is Ningbo Deye Technology Dividend Payout Ratio?

Ningbo Deye Technology SHSE:605117 -2.99% 88 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:605117 with a GF Score™ of 88/100 and a GF Value™ of ¥76.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,724 Industrial Products companies, Ningbo Deye Technology ranks worse than 78.54% 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. Ningbo Deye Technology's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ningbo Deye Technology Corp is 0.72, which seems too high.

The historical rank and industry rank for Ningbo Deye Technology's Dividend Payout Ratio or its related term are showing as below:

SHSE:605117' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.53   Max: 0.89
Current: 0.72

During the past 10 years, the highest Dividend Payout Ratio of Ningbo Deye Technology was 0.89. The lowest was 0.18. And the median was 0.53.

SHSE:605117's Dividend Payout Ratio is ranked worse than
78.54% of 1724 companies
in the Industrial Products industry
Industry Median: 0.37 vs SHSE:605117: 0.72

As of today (2026-07-19), the Dividend Yield % of Ningbo Deye Technology is 3.23%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Ningbo Deye Technology was 5.23%. The lowest was 0.22%. And the median was 1.77%.

Ningbo Deye Technology's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Ningbo Deye Technology's average Dividends Per Share Growth Rate was 53.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 105.80% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Deye Technology was 128.20% per year. The lowest was 105.80% per year. And the median was 117.00% 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.

Ningbo Deye Technology (SHSE:605117) 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.

Ningbo Deye Technology Dividend Payout Ratio Related Terms

Ningbo Deye Technology Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Deye Technology'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.

Ningbo Deye Technology Dividend Payout Ratio Chart

Ningbo Deye Technology 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 0.24 0.18 0.53 0.60 0.89

Ningbo Deye Technology 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 1.99 0.00 1.21 0.00

SHSE:605117 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Deye Technology'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.

Ningbo Deye Technology Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Deye Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Deye Technology's Dividend Payout Ratio falls into.


SHSE:605117
88GF Score
Ningbo Deye Technology Corp SHSE:605117
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Deye Technology 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.

Ningbo Deye Technology'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 )
=2.118/ 2.393
=0.89

Ningbo Deye Technology'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/ 0.948
=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?
Ningbo Deye Technology (SHSE:605117) 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 Ningbo Deye Technology and its competitors. Over the past decade, Ningbo Deye Technology's Dividend Payout Ratio has ranged from 0.18 to 0.89. According to the industry distribution chart, Ningbo Deye Technology ranks #1354 out of 1724 companies in the Industrial Products industry, placing it in the top 78.5%.
Is Ningbo Deye Technology's Dividend Payout Ratio too high?
Ningbo Deye Technology's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.89. Based on the distribution chart, Ningbo Deye Technology ranks #1354 out of 1724 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Deye Technology has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Deye Technology's Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Deye Technology ranks #1354 out of 1724 companies for Dividend Payout Ratio. This places Ningbo Deye Technology in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, Ningbo Deye Technology's own Dividend Payout Ratio has ranged from 0.18 to 0.89 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 1,724 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 Ningbo Deye Technology 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. Ningbo Deye Technology'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 Ningbo Deye Technology stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Deye Technology (SHSE:605117) is currently considered Fairly Valued. The stock's GF Value™ is ¥76.32, compared to a current price of ¥80.15 — trading 5% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Ningbo Deye Technology's overall GF Score™ is 88/100 with 3 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 Ningbo Deye Technology (SHSE:605117), 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 Ningbo Deye Technology (SHSE:605117) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Deye Technology stock appears to be overvalued. The current stock price of ¥80.15 is trading 5% above its estimated GF Value™ of ¥76.32. GuruFocus considers Ningbo Deye Technology to be Fairly Valued.

Key valuation signals for SHSE:605117:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥76.32 vs. price of ¥80.15 (5% above fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the SHSE:605117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Deye Technology Business Description

Address No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Corp is engaged in the research, development, manufacturing, and sale of inverters, heat exchangers, and dehumidifiers. Its product range also includes refrigeration equipment, air and water purification systems, fresh air systems, solar air conditioners, variable frequency water pumps, and electronic controllers.
88GF Score

Get the complete analysis for SHSE:605117

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

¥80.15
Price
¥76.32
GF Value