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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. Changzhou Fusion New Material Co's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.00.
The historical rank and industry rank for Changzhou Fusion New Material Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:688503'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.26 Max: 0.48
Current: 0.15
During the past 8 years, the highest Dividend Payout Ratio of Changzhou Fusion New Material Co was 0.48. The lowest was 0.15. And the median was 0.26.
SHSE:688503's Dividend Payout Ratio is ranked better than 78.65% of 473
companies
in the Semiconductors industry
Industry Median: 0.33
vs SHSE:688503: 0.15
During the past 8 years, the highest Trailing Annual Dividend Yield of Changzhou Fusion New Material Co was 4.54%. The lowest was 0.38%. And the median was 0.91%.
Changzhou Fusion New Material Co (SHSE:688503) 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.
Changzhou Fusion New Material Co Dividend Payout Ratio Related Terms
Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Dividend Payout Ratio Chart
SHSE:688503 vs FSLR, NXT, ENPH: Dividend Payout Ratio Comparison
For the Solar subindustry, Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Dividend Payout Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Changzhou Fusion New Material Co's Dividend Payout Ratio falls into.
Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co (SHSE:688503) has a Dividend Payout Ratio of 0.00 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Changzhou Fusion New Material Co and its competitors. Over the past decade, Changzhou Fusion New Material Co's Dividend Payout Ratio has ranged from 0.15 to 0.48. According to the industry distribution chart, Changzhou Fusion New Material Co ranks #101 out of 473 companies in the Semiconductors industry, placing it in the top 21.4%.
Is Changzhou Fusion New Material Co's Dividend Payout Ratio too high?
Changzhou Fusion New Material Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.48. Based on the distribution chart, Changzhou Fusion New Material Co ranks #101 out of 473 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Fusion New Material Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Fusion New Material Co's Dividend Payout Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Changzhou Fusion New Material Co ranks #101 out of 473 companies for Dividend Payout Ratio. This places Changzhou Fusion New Material Co in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.33. Historically, Changzhou Fusion New Material Co's own Dividend Payout Ratio has ranged from 0.15 to 0.48 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 0.33, based on 473 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 Changzhou Fusion New Material 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. Changzhou Fusion New Material 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 Changzhou Fusion New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co (SHSE:688503) is currently considered Fairly Valued. The stock's GF Value™ is ¥80.14, compared to a current price of ¥73.88 — trading 7.8% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Changzhou Fusion New Material Co's overall GF Score™ is 90/100 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 Changzhou Fusion New Material Co (SHSE:688503), the current Dividend Payout Ratio is 0.00 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 Changzhou Fusion New Material Co (SHSE:688503) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co stock appears to be undervalued.
The current stock price of ¥73.88 is trading 7.8% below its estimated GF Value™ of ¥80.14.
GuruFocus considers Changzhou Fusion New Material Co to be Fairly Valued.
Key valuation signals for SHSE:688503:
Dividend Payout Ratio: 0.00
GF Value™: ¥80.14 vs. price of ¥73.88 (7.8% below fair value)
No single metric tells the full story. See the SHSE:688503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
90GF Score
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