GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Risong Intelligent Technology Holding Co Ltd (SHSE:688090) » Definitions » Dividend Payout Ratio

Guangzhou Risong Intelligent Technology Holding Co (SHSE:688090) Dividend Payout Ratio : 1.98 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Guangzhou Risong Intelligent Technology Holding 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. Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.98.

The historical rank and industry rank for Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688090' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.58   Max: 0.8
Current: 0.5

During the past 8 years, the highest Dividend Payout Ratio of Guangzhou Risong Intelligent Technology Holding Co was 0.80. The lowest was 0.45. And the median was 0.58.

SHSE:688090's Dividend Payout Ratio is ranked worse than
67.25% of 1704 companies
in the Industrial Products industry
Industry Median: 0.35 vs SHSE:688090: 0.50

As of today (2024-09-26), the Dividend Yield % of Guangzhou Risong Intelligent Technology Holding Co is 0.51%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Guangzhou Risong Intelligent Technology Holding Co was 1.23%. The lowest was 0.26%. And the median was 0.53%.

Guangzhou Risong Intelligent Technology Holding Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.22.

During the past 12 months, Guangzhou Risong Intelligent Technology Holding Co's average Dividends Per Share Growth Rate was 136.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangzhou Risong Intelligent Technology Holding Co was -10.30% per year. The lowest was -10.30% per year. And the median was -10.30% 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.

Guangzhou Risong Intelligent Technology Holding Co Dividend Payout Ratio Historical Data

The historical data trend for Guangzhou Risong Intelligent Technology Holding 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.

Guangzhou Risong Intelligent Technology Holding Co Dividend Payout Ratio Chart

Guangzhou Risong Intelligent Technology Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial - 0.45 0.80 0.60 0.57

Guangzhou Risong Intelligent Technology Holding Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.15 - - - 1.98

Competitive Comparison of Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Guangzhou Risong Intelligent Technology Holding 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.

Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio falls into.


Guangzhou Risong Intelligent Technology Holding 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.

Guangzhou Risong Intelligent Technology Holding 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 )
=0.093/ 0.164
=0.57

Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.22/ 0.111
=1.98

* 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.

Guangzhou Risong Intelligent Technology Holding Co (SHSE:688090) 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.

Guangzhou Risong Intelligent Technology Holding Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Guangzhou Risong Intelligent Technology Holding Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Risong Intelligent Technology Holding Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Risong Intelligent Technology Holding Co Ltd (SHSE:688090) » Definitions » Dividend Payout Ratio
Comparable Companies
SZSE:300521 SZSE:301079 SZSE:300931 SZSE:300509 SZSE:002209 SZSE:301273 SZSE:300823 SHSE:600243 SHSE:603090 BJSE:873726 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No.188 Ruixiang Road, Huangpu District, Guangdong Province, Guangzhou, CHN, 510535
Website
http://www.risongtc.com
Guangzhou Risong Intelligent Technology Holding Co Ltd is engaged in research and development, manufacturing, application, sales and service in the field of robotics and intelligent manufacturing. The company manufactures industrial robots; industrial automatic control system devices; special equipment for the electronics industry; special equipment for environmental protection; special equipment for electrical machinery; metal structures; metal cutting and welding equipment.
Executives
Luo Yuan Supervisors
Zheng De Lun senior management
Chen Ya Yi senior management
Yan Xue Tao Director
Tang Guo Bao Core technical personnel
Liu Er Bin Directors, senior managers

Guangzhou Risong Intelligent Technology Holding Co Headlines

No Headlines