China Southern Power Grid Technology Co (SHSE:688248) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:688248 China Southern Power Grid Technology Co Ltd SHSE:688248
93 GF Score
Price ¥55.50
GF Value ¥47.13
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is China Southern Power Grid Technology Co Dividend Payout Ratio?

China Southern Power Grid Technology Co SHSE:688248 -0.04% 93 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:688248 with a GF Score™ of 93/100 and a GF Value™ of ¥47.13 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,722 Industrial Products companies, China Southern Power Grid Technology Co ranks better than 55.23% 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. China Southern Power Grid Technology Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for China Southern Power Grid Technology Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688248' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.51
Current: 0.34


During the past 8 years, the highest Dividend Payout Ratio of China Southern Power Grid Technology Co was 0.51. The lowest was 0.25. And the median was 0.32.

SHSE:688248's Dividend Payout Ratio is ranked better than
55.23% of 1722 companies
in the Industrial Products industry
Industry Median: 0.37 vs SHSE:688248: 0.34

As of today (2026-07-14), the Dividend Yield % of China Southern Power Grid Technology Co is 0.48%.

During the past 8 years, the highest Trailing Annual Dividend Yield of China Southern Power Grid Technology Co was 1.10%. The lowest was 0.12%. And the median was 0.48%.

China Southern Power Grid Technology Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, China Southern Power Grid Technology Co's average Dividends Per Share Growth Rate was -14.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 46.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of China Southern Power Grid Technology Co was 46.10% per year. The lowest was 46.10% per year. And the median was 46.10% 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.


China Southern Power Grid Technology Co (SHSE:688248) 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.


China Southern Power Grid Technology Co Dividend Payout Ratio Related Terms


China Southern Power Grid Technology Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for China Southern Power Grid Technology 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.

China Southern Power Grid Technology Co Dividend Payout Ratio Chart

China Southern Power Grid Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.00 0.25 0.27 0.51 0.37

China Southern Power Grid Technology Co 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 0.00 0.68 0.53 0.00

SHSE:688248 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, China Southern Power Grid Technology 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.


China Southern Power Grid Technology Co Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Southern Power Grid Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China Southern Power Grid Technology Co's Dividend Payout Ratio falls into.


SHSE:688248
93GF Score
China Southern Power Grid Technology Co Ltd SHSE:688248
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Southern Power Grid Technology 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.

China Southern Power Grid Technology 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 )
=0.265/ 0.71
=0.37

China Southern Power Grid Technology Co'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/ 0.075
=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?
China Southern Power Grid Technology Co (SHSE:688248) 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 China Southern Power Grid Technology Co and its competitors. Over the past decade, China Southern Power Grid Technology Co's Dividend Payout Ratio has ranged from 0.25 to 0.51. According to the industry distribution chart, China Southern Power Grid Technology Co ranks #771 out of 1722 companies in the Industrial Products industry, placing it in the top 44.8%.
Is China Southern Power Grid Technology Co's Dividend Payout Ratio too high?
China Southern Power Grid Technology Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.51. Based on the distribution chart, China Southern Power Grid Technology Co ranks #771 out of 1722 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China Southern Power Grid Technology Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Power Grid Technology Co's Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, China Southern Power Grid Technology Co ranks #771 out of 1722 companies for Dividend Payout Ratio. This puts China Southern Power Grid Technology Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, China Southern Power Grid Technology Co's own Dividend Payout Ratio has ranged from 0.25 to 0.51 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 1,722 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 China Southern Power Grid Technology Co 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. China Southern Power Grid Technology Co'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 China Southern Power Grid Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Power Grid Technology Co (SHSE:688248) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥47.13, compared to a current price of ¥55.50 — trading 17.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. China Southern Power Grid Technology Co's overall GF Score™ is 93/100 with 1 warning sign 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 China Southern Power Grid Technology Co (SHSE:688248), 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 China Southern Power Grid Technology Co (SHSE:688248) Overvalued in 2026?

Based on GuruFocus' analysis, China Southern Power Grid Technology Co stock appears to be overvalued. The current stock price of ¥55.50 is trading 17.8% above its estimated GF Value™ of ¥47.13. GuruFocus considers China Southern Power Grid Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688248:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥47.13 vs. price of ¥55.50 (17.8% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the SHSE:688248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Southern Power Grid Technology Co Business Description

Address No.1-3, Hamao New Street, Xihua Road, Room 501-503, Annex Building, Huaye Building, Yuexiu District, Guangdong Provin, Guangzhou, CHN, 510170
China Southern Power Grid Technology Co Ltd is engaged in providing a comprehensive solution of technical services and smart equipment to ensure the safe operation and efficiency improvement of the power energy system.
93GF Score

Get the complete analysis for SHSE:688248

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

¥55.50
Price
¥47.13
GF Value