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Hi-Trend Technology (Shanghai) Co (SHSE:688391) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Hi-Trend Technology (Shanghai) 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. Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio for the months ended in Sep. 2024 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 Hi-Trend Technology (Shanghai) Co Ltd is 0.87, which seems too high.

The historical rank and industry rank for Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688391' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.43   Max: 1.43
Current: 0.87


During the past 13 years, the highest Dividend Payout Ratio of Hi-Trend Technology (Shanghai) Co was 1.43. The lowest was 0.87. And the median was 1.43.

SHSE:688391's Dividend Payout Ratio is ranked worse than
79.44% of 467 companies
in the Semiconductors industry
Industry Median: 0.41 vs SHSE:688391: 0.87

As of today (2024-12-12), the Dividend Yield % of Hi-Trend Technology (Shanghai) Co is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hi-Trend Technology (Shanghai) Co was 5.05%. The lowest was 2.23%. And the median was 3.09%.

Hi-Trend Technology (Shanghai) Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Hi-Trend Technology (Shanghai) Co's average Dividends Per Share Growth Rate was -25.20% 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.


Hi-Trend Technology (Shanghai) Co Dividend Payout Ratio Historical Data

The historical data trend for Hi-Trend Technology (Shanghai) 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.

Hi-Trend Technology (Shanghai) Co Dividend Payout Ratio Chart

Hi-Trend Technology (Shanghai) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.43

Hi-Trend Technology (Shanghai) Co Quarterly Data
Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 2.50 -

Competitive Comparison of Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio

For the Semiconductors subindustry, Hi-Trend Technology (Shanghai) 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.


Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio falls into.



Hi-Trend Technology (Shanghai) 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.

Hi-Trend Technology (Shanghai) 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 )
=1.069/ 0.748
=1.43

Hi-Trend Technology (Shanghai) 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/ 0.129
=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.


Hi-Trend Technology (Shanghai) Co (SHSE:688391) 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.


Hi-Trend Technology (Shanghai) Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Hi-Trend Technology (Shanghai) Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hi-Trend Technology (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1388 Zhangdong Road, Room 101, Building 16, Pilot Free Trade Zone, Shanghai, CHN, 201203
Hi-Trend Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of smart grid terminal equipment chips.
Executives
Yang Shi Cong Director
Zhang Xu Ming Senior management, core technical personnel
Zheng Wen Chang senior management
Wang Yong Core technical personnel

Hi-Trend Technology (Shanghai) Co Headlines

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