Jinhong Gas Co (SHSE:688106) Dividend Payout Ratio : 1.53 (As of Sep. 2024)

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What is Jinhong Gas 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. Jinhong Gas Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jinhong Gas Co Ltd is 0.99, which seems too high.

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

SHSE:688106' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.64 Max: 0.99
Current: 0.99

During the past 12 years, the highest Dividend Payout Ratio of Jinhong Gas Co was 0.99. The lowest was 0.43. And the median was 0.64.

SHSE:688106's Dividend Payout Ratio is ranked worse than
88.45% of 935 companies
in the Chemicals industry
Industry Median: 0.36 vs SHSE:688106: 0.99

As of today (2024-12-15), the Dividend Yield % of Jinhong Gas Co is 2.73%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Jinhong Gas Co was 2.74%. The lowest was 0.72%. And the median was 1.14%.

Jinhong Gas Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.15.

During the past 12 months, Jinhong Gas Co's average Dividends Per Share Growth Rate was 100.00% 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.

Jinhong Gas Co Dividend Payout Ratio Historical Data

The historical data trend for Jinhong Gas 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.

Jinhong Gas Co Dividend Payout Ratio Chart

Jinhong Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.93

0.64

0.43

Jinhong Gas Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	2.33	1.53

Competitive Comparison of Jinhong Gas Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Jinhong Gas 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.

Jinhong Gas Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinhong Gas Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jinhong Gas Co's Dividend Payout Ratio falls into.

Jinhong Gas Co Dividend Payout Ratio Calculation

Jinhong Gas 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 )
	=	0.25	/	0.58
	=	0.43

Jinhong Gas Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.15	/	0.098
	=	1.53

Jinhong Gas Co (SHSE:688106) 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.

Jinhong Gas Co Dividend Payout Ratio Related Terms

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

Jinhong Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jinhong Gas Co Ltd (SHSE:688106) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

Anmin Road, No. 6, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215152

Website

http://www.jinhonggroup.com

Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.

Executives

Liu Zhi Jun	Core technical personnel
Jin Xiang Hua	Director
Chen Qi Feng	Core technical personnel
Shi Dong Sheng	Directors, senior managers, core technical personn
Ge Hui Fang	Supervisors
Liu Bing Feng	Supervisors

Jinhong Gas Co Headlines

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