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 Newway Photomask Making Co's Dividend Payout Ratio for the
months ended in Jun. 2026 was 1.03.
The historical rank and industry rank for Shenzhen Newway Photomask Making Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:688401'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.26 Max: 0.34
Current: 0.27
During the past 13 years, the highest Dividend Payout Ratio of Shenzhen Newway Photomask Making Co was 0.34. The lowest was 0.25. And the median was 0.26.
SHSE:688401's Dividend Payout Ratio is ranked better than 60.3% of 471
companies
in the Semiconductors industry
Industry Median: 0.33
vs SHSE:688401: 0.27
During the past 13 years, the highest Trailing Annual Dividend Yield of Shenzhen Newway Photomask Making Co was 1.24%. The lowest was 0.33%. And the median was 0.73%.
Shenzhen Newway Photomask Making Co (SHSE:688401) 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 Newway Photomask Making Co Dividend Payout Ratio Related Terms
Shenzhen Newway Photomask Making Co 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 Newway Photomask Making Co Dividend Payout Ratio Chart
SHSE:688401 vs LRCX, AMAT, KLAC: Dividend Payout Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Shenzhen Newway Photomask Making 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.
Shenzhen Newway Photomask Making Co Dividend Payout Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shenzhen Newway Photomask Making Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Newway Photomask Making Co's Dividend Payout Ratio falls into.
Shenzhen Newway Photomask Making 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.
* 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 Newway Photomask Making Co (SHSE:688401) has a Dividend Payout Ratio of 1.03 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Shenzhen Newway Photomask Making Co and its competitors. This is 296% above median its historical median of 0.26. Over the past decade, Shenzhen Newway Photomask Making Co's Dividend Payout Ratio has ranged from 0.25 to 0.34. According to the industry distribution chart, Shenzhen Newway Photomask Making Co ranks #187 out of 471 companies in the Semiconductors industry, placing it in the top 39.7%.
Is Shenzhen Newway Photomask Making Co's Dividend Payout Ratio too high?
Shenzhen Newway Photomask Making Co's current Dividend Payout Ratio of 1.03 is 296% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.34. The Semiconductors industry median Dividend Payout Ratio is 0.33. Shenzhen Newway Photomask Making Co's value of 1.03 is 212.1% above this industry median. Based on the distribution chart, Shenzhen Newway Photomask Making Co ranks #187 out of 471 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shenzhen Newway Photomask Making Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Newway Photomask Making Co's Dividend Payout Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Shenzhen Newway Photomask Making Co ranks #187 out of 471 companies for Dividend Payout Ratio. This puts Shenzhen Newway Photomask Making Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.33. Shenzhen Newway Photomask Making Co's value of 1.03 is 212.1% above this benchmark. Historically, Shenzhen Newway Photomask Making Co's own Dividend Payout Ratio has ranged from 0.25 to 0.34 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.33, Shenzhen Newway Photomask Making Co has consistently been above the industry average. 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 Semiconductors company?
The median Dividend Payout Ratio among Semiconductors companies is 0.33, based on 471 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. Shenzhen Newway Photomask Making Co's current Dividend Payout Ratio of 1.03 is 212.1% above the industry median. 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 Newway Photomask Making Co and its competitors. For the Semiconductors industry, the median Dividend Payout Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Newway Photomask Making Co's current Dividend Payout Ratio is 1.03, which is 296% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Newway Photomask Making Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co (SHSE:688401) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥56.16, compared to a current price of ¥63.35 — trading 12.8% above its estimated fair value. The current Dividend Payout Ratio is 1.03, which is 296% above median its 10-year median of 0.26 and 212.1% above the Semiconductors industry median of 0.33. Shenzhen Newway Photomask Making Co's overall GF Score™ is 84/100 with 4 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 Newway Photomask Making Co (SHSE:688401), the current Dividend Payout Ratio is 1.03 as of Jun. 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 Newway Photomask Making Co (SHSE:688401) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co stock appears to be overvalued.
The current stock price of ¥63.35 is trading 12.8% above its estimated GF Value™ of ¥56.16.
GuruFocus considers Shenzhen Newway Photomask Making Co to be Modestly Overvalued.
Key valuation signals for SHSE:688401:
Dividend Payout Ratio: 1.03 (296% above median its 10-year median of 0.26)
GF Value™: ¥56.16 vs. price of ¥63.35 (12.8% above fair value)
Industry Position: 212.1% above the Semiconductors median (#187 of 471)
No single metric tells the full story. See the SHSE:688401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Newway Photomask Making Co Ltd is engage research and development, production and sales of photomasks used in industries such as integrated circuits and displays; research and development, production and sales of photomask materials; technology development and sales of electronic products and software; research and development, production and sales of electronic equipment; engage in the import and export of goods and technology (excluding distribution and state-monopolized and controlled commodities).
84GF Score
Get the complete analysis for SHSE:688401
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:688401 has been successfully added to your 
