Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Shenzhen Qingyi Photomask's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Shenzhen Qingyi Photomask's Dividend Payout Ratio or its related term are showing as below:
SHSE:688138'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.3 Max: 0.75
Current: 0.38
During the past 13 years, the highest Dividend Payout Ratio of Shenzhen Qingyi Photomask was 0.75. The lowest was 0.16. And the median was 0.30.
SHSE:688138's Dividend Payout Ratio is ranked better than 60.79% of 1214
companies
in the Hardware industry
Industry Median: 0.47
vs SHSE:688138: 0.38
During the past 13 years, the highest Trailing Annual Dividend Yield of Shenzhen Qingyi Photomask was 1.00%. The lowest was 0.18%. And the median was 0.56%.
During the past 12 months, Shenzhen Qingyi Photomask's average Dividends Per Share Growth Rate was 62.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 63.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 26.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenzhen Qingyi Photomask was 63.00% per year. The lowest was 14.50% per year. And the median was 21.10% 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.
Shenzhen Qingyi Photomask (SHSE:688138) 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.
Shenzhen Qingyi Photomask Dividend Payout Ratio Related Terms
Shenzhen Qingyi Photomask Dividend Payout Ratio Historical Data
* 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.
Shenzhen Qingyi Photomask Dividend Payout Ratio Chart
SHSE:688138 vs APH, GLW: Dividend Payout Ratio Comparison
For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.
Shenzhen Qingyi Photomask Dividend Payout Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Qingyi Photomask's Dividend Payout Ratio falls into.
Shenzhen Qingyi Photomask 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.
Shenzhen Qingyi Photomask's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shenzhen Qingyi Photomask (SHSE:688138) 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 Shenzhen Qingyi Photomask and its competitors. Over the past decade, Shenzhen Qingyi Photomask's Dividend Payout Ratio has ranged from 0.16 to 0.75. According to the industry distribution chart, Shenzhen Qingyi Photomask ranks #476 out of 1214 companies in the Hardware industry, placing it in the top 39.2%.
Is Shenzhen Qingyi Photomask's Dividend Payout Ratio too high?
Shenzhen Qingyi Photomask'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 0.75. Based on the distribution chart, Shenzhen Qingyi Photomask ranks #476 out of 1214 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Dividend Payout Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Qingyi Photomask ranks #476 out of 1214 companies for Dividend Payout Ratio. This puts Shenzhen Qingyi Photomask in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Historically, Shenzhen Qingyi Photomask's own Dividend Payout Ratio has ranged from 0.16 to 0.75 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 a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,214 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 Shenzhen Qingyi Photomask and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Qingyi Photomask'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 Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥31.19, compared to a current price of ¥44.60 — trading 43% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Shenzhen Qingyi Photomask's overall GF Score™ is 82/100 with 9 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 Shenzhen Qingyi Photomask (SHSE:688138), 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued.
The current stock price of ¥44.60 is trading 43% above its estimated GF Value™ of ¥31.19.
GuruFocus considers Shenzhen Qingyi Photomask to be Significantly Overvalued.
Key valuation signals for SHSE:688138:
Dividend Payout Ratio: 0.00
GF Value™: ¥31.19 vs. price of ¥44.60 (43% above fair value)
No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
82GF Score
Get the complete analysis for SHSE:688138
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688138 has been successfully added to your 
