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

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What is Hi-Trend Technology (Shanghai) Co Dividend Payout Ratio?

Hi-Trend Technology (Shanghai) Co's dividend payout ratio for the months ended in Mar. 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 0.89, 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: 0.89 Med: 1.43 Max: 1.43
Current: 0.89

During the past 13 years, the highest Dividend Payout Ratio of Hi-Trend Technology (Shanghai) Co was 1.43. The lowest was 0.89. And the median was 1.43.

SHSE:688391's Dividend Payout Ratio is ranked worse than
73.75% of 461 companies
in the Semiconductors industry
Industry Median: 0.45 vs SHSE:688391: 0.89

As of today (2024-06-16), the Dividend Yield % of Hi-Trend Technology (Shanghai) Co is 2.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hi-Trend Technology (Shanghai) Co was 5.05%. The lowest was 2.24%. And the median was 3.16%.

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

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

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

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1.43

Hi-Trend Technology (Shanghai) Co Quarterly Data
	Dec14	Jun15	Dec15	Dec16	Jun17	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	2.70	-	-	-

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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 Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.171
	=	0.00

Hi-Trend Technology (Shanghai) Co (SHSE:688391) Dividend Payout Ratio Explanation

In dividends investing, 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 (SHSE:688391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hi-Trend Technology (Shanghai) Co Ltd (SHSE:688391) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1388 Zhangdong Road, Room 101, Building 16, Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

https://www.hitrendtech.com

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 (SHSE:688391) Headlines

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