Henan Hengxing Science & Technology Co (SZSE:002132) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Henan Hengxing Science & Technology Co Dividend Payout Ratio?

Henan Hengxing Science & Technology 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 Henan Hengxing Science & Technology Co Ltd is 0.77, which seems too high.

The historical rank and industry rank for Henan Hengxing Science & Technology Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002132' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.77 Max: 5
Current: 0.77

During the past 13 years, the highest Dividend Payout Ratio of Henan Hengxing Science & Technology Co was 5.00. The lowest was 0.50. And the median was 0.77.

SZSE:002132's Dividend Payout Ratio is ranked worse than
79.87% of 313 companies
in the Steel industry
Industry Median: 0.29 vs SZSE:002132: 0.77

As of today (2024-05-27), the Dividend Yield % of Henan Hengxing Science & Technology Co is 1.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Henan Hengxing Science & Technology Co was 3.77%. The lowest was 0.65%. And the median was 1.20%.

Henan Hengxing Science & Technology Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Henan Hengxing Science & Technology Co was 79.70% per year. The lowest was -9.30% per year. And the median was 32.20% per year.

The growth rate is calculated with least square regression.

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

Henan Hengxing Science & Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Henan Hengxing Science & Technology 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.

Henan Hengxing Science & Technology Co Dividend Payout Ratio Chart

Henan Hengxing Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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5.00

0.63

0.50

0.77

Henan Hengxing Science & Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.61	-	-	-

Competitive Comparison of Henan Hengxing Science & Technology Co's Dividend Payout Ratio

For the Steel subindustry, Henan Hengxing Science & Technology 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.

Henan Hengxing Science & Technology Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Hengxing Science & Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Henan Hengxing Science & Technology Co's Dividend Payout Ratio falls into.

Henan Hengxing Science & Technology Co Dividend Payout Ratio Calculation

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

Henan Hengxing Science & Technology 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 )
	=	0.05	/	0.065
	=	0.77

Henan Hengxing Science & Technology 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	/	-0.003
	=	N/A

Henan Hengxing Science & Technology Co (SZSE:002132) 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.

Henan Hengxing Science & Technology Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Henan Hengxing Science & Technology Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Hengxing Science & Technology Co (SZSE:002132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Hengxing Science & Technology Co Ltd (SZSE:002132) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251

Website

http://www.hengxingchinese.com

Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.

Executives

Li Ming	Directors, executives
Xu Hui Jing	Directors, executives
Xie Bao Wan	Director
Xie Bao Jian	Executives
Zhang Yun Hong	Directors, executives
Xie Xiao Long	Directors, executives
Xie Jin Bao	Executives
Zhao Wen Juan	Directors, executives
Bai Zhong Xiang	Independent director
Xie Bao Jun	Director
Chen Bing Zhang	Director
Tan Shi Hong	Supervisors
Li Bao Jie	Executives
Jiao Yao Zhong	Directors, executives
Xie Fu Qiang	Director

Henan Hengxing Science & Technology Co (SZSE:002132) Headlines

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