Union Semiconductor (Hefei) Co (SHSE:688403) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688403 Union Semiconductor (Hefei) Co Ltd SHSE:688403
45 GF Score
Price ¥29.87
GF Value ¥11.09
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Union Semiconductor (Hefei) Co Dividend Payout Ratio?

Union Semiconductor (Hefei) Co SHSE:688403 -8.32% 45 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:688403 with a GF Score™ of 45/100 and a GF Value™ of ¥11.09 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 453 Semiconductors companies, Union Semiconductor (Hefei) Co ranks worse than 71.08% 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. Union Semiconductor (Hefei) Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Union Semiconductor (Hefei) Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688403' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.63   Max: 0.7
Current: 0.7


During the past 8 years, the highest Dividend Payout Ratio of Union Semiconductor (Hefei) Co was 0.70. The lowest was 0.63. And the median was 0.63.

SHSE:688403's Dividend Payout Ratio is ranked worse than
71.08% of 453 companies
in the Semiconductors industry
Industry Median: 0.39 vs SHSE:688403: 0.70

As of today (2026-07-15), the Dividend Yield % of Union Semiconductor (Hefei) Co is 0.18%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Union Semiconductor (Hefei) Co was 1.53%. The lowest was 0.13%. And the median was 0.97%.

Union Semiconductor (Hefei) Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Union Semiconductor (Hefei) Co's average Dividends Per Share Growth Rate was -5.00% 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.


Union Semiconductor (Hefei) Co (SHSE:688403) 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.


Union Semiconductor (Hefei) Co Dividend Payout Ratio Related Terms


Union Semiconductor (Hefei) Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) Co Dividend Payout Ratio Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.63 0.63

Union Semiconductor (Hefei) 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 1.30 0.00 0.00 0.00

SHSE:688403 vs NVDA, AVGO, MU: Dividend Payout Ratio Comparison

For the Semiconductors subindustry, Union Semiconductor (Hefei) 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.


Union Semiconductor (Hefei) Co Dividend Payout Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's Dividend Payout Ratio falls into.


SHSE:688403
45GF Score
Union Semiconductor (Hefei) Co Ltd SHSE:688403
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) 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 )
=0.095/ 0.15
=0.63

Union Semiconductor (Hefei) 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/ -0.006
=N/A

* 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?
Union Semiconductor (Hefei) Co (SHSE:688403) 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 Union Semiconductor (Hefei) Co and its competitors. Over the past decade, Union Semiconductor (Hefei) Co's Dividend Payout Ratio has ranged from 0.63 to 0.70. According to the industry distribution chart, Union Semiconductor (Hefei) Co ranks #322 out of 453 companies in the Semiconductors industry, placing it in the top 71.1%.
Is Union Semiconductor (Hefei) Co's Dividend Payout Ratio too high?
Union Semiconductor (Hefei) Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.70. Based on the distribution chart, Union Semiconductor (Hefei) Co ranks #322 out of 453 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Union Semiconductor (Hefei) Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Semiconductor (Hefei) Co's Dividend Payout Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Union Semiconductor (Hefei) Co ranks #322 out of 453 companies for Dividend Payout Ratio. This places Union Semiconductor (Hefei) Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Historically, Union Semiconductor (Hefei) Co's own Dividend Payout Ratio has ranged from 0.63 to 0.70 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 Semiconductors company?
The median Dividend Payout Ratio among Semiconductors companies is 0.39, based on 453 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 Union Semiconductor (Hefei) Co and its competitors. For the Semiconductors industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Semiconductor (Hefei) 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 Union Semiconductor (Hefei) Co stock overvalued right now?
Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co (SHSE:688403) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.09, compared to a current price of ¥29.87 — trading 169.3% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Union Semiconductor (Hefei) Co's overall GF Score™ is 45/100 with 10 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 Union Semiconductor (Hefei) Co (SHSE:688403), 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 Union Semiconductor (Hefei) Co (SHSE:688403) Overvalued in 2026?

Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co stock appears to be overvalued. The current stock price of ¥29.87 is trading 169.3% above its estimated GF Value™ of ¥11.09. GuruFocus considers Union Semiconductor (Hefei) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688403:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥11.09 vs. price of ¥29.87 (169.3% above fair value)
  • GF Score™: 45/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Semiconductor (Hefei) Co Business Description

Address Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core, and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.
45GF Score

Get the complete analysis for SHSE:688403

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

¥29.87
Price
¥11.09
GF Value