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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. Wave Cyber (Shanghai) Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Wave Cyber (Shanghai) Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:688718'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.53 Max: 0.53
Current: 0.37
During the past 9 years, the highest Dividend Payout Ratio of Wave Cyber (Shanghai) Co was 0.53. The lowest was 0.37. And the median was 0.53.
SHSE:688718's Dividend Payout Ratio is ranked better than 50.5% of 101
companies
in the Waste Management industry
Industry Median: 0.37
vs SHSE:688718: 0.37
During the past 9 years, the highest Trailing Annual Dividend Yield of Wave Cyber (Shanghai) Co was 1.25%. The lowest was 0.62%. And the median was 0.93%.
During the past 12 months, Wave Cyber (Shanghai) Co's average Dividends Per Share Growth Rate was 0.90% 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.
Wave Cyber (Shanghai) Co (SHSE:688718) 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.
Wave Cyber (Shanghai) Co Dividend Payout Ratio Related Terms
Wave Cyber (Shanghai) Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Wave Cyber (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.
Wave Cyber (Shanghai) Co Dividend Payout Ratio Chart
SHSE:688718 vs WM, RSG, WCN: Dividend Payout Ratio Comparison
For the Waste Management subindustry, Wave Cyber (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.
Wave Cyber (Shanghai) Co Dividend Payout Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) Co's Dividend Payout Ratio falls into.
Wave Cyber (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.
Wave Cyber (Shanghai) Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Wave Cyber (Shanghai) Co (SHSE:688718) 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 Wave Cyber (Shanghai) Co and its competitors. Over the past decade, Wave Cyber (Shanghai) Co's Dividend Payout Ratio has ranged from 0.37 to 0.53. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #50 out of 101 companies in the Waste Management industry, placing it in the top 49.5%.
Is Wave Cyber (Shanghai) Co's Dividend Payout Ratio too high?
Wave Cyber (Shanghai) Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.53. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #50 out of 101 companies in the Waste Management industry, which is above the industry midpoint. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Dividend Payout Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #50 out of 101 companies for Dividend Payout Ratio. This puts Wave Cyber (Shanghai) Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, Wave Cyber (Shanghai) Co's own Dividend Payout Ratio has ranged from 0.37 to 0.53 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 Waste Management company?
The median Dividend Payout Ratio among Waste Management companies is 0.37, based on 101 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 Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) 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 Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.54 — trading 16.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 with 3 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 Wave Cyber (Shanghai) Co (SHSE:688718), 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥12.54 is trading 16.5% below its estimated GF Value™ of ¥15.02.
GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688718:
Dividend Payout Ratio: 0.00
GF Value™: ¥15.02 vs. price of ¥12.54 (16.5% below fair value)
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF Score
Get the complete analysis for SHSE:688718
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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