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Changgao Electric Group Co (SZSE:002452) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Changgao Electric Group Co Dividend Payout Ratio?

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. Changgao Electric Group Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Changgao Electric Group Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002452' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.24   Max: 1.01
Current: 0.2


During the past 13 years, the highest Dividend Payout Ratio of Changgao Electric Group Co was 1.01. The lowest was 0.08. And the median was 0.24.

SZSE:002452's Dividend Payout Ratio is ranked better than
76.59% of 1781 companies
in the Industrial Products industry
Industry Median: 0.36 vs SZSE:002452: 0.20

As of today (2024-12-12), the Dividend Yield % of Changgao Electric Group Co is 0.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Changgao Electric Group Co was 1.47%. The lowest was 0.17%. And the median was 0.80%.

Changgao Electric Group Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Changgao Electric Group Co's average Dividends Per Share Growth Rate was 250.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -34.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Changgao Electric Group Co was 32.60% per year. The lowest was -34.10% per year. And the median was 10.75% 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.


Changgao Electric Group Co Dividend Payout Ratio Historical Data

The historical data trend for Changgao Electric Group 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.

Changgao Electric Group Co Dividend Payout Ratio Chart

Changgao Electric Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.19 0.21 1.01 0.08

Changgao Electric Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 0.44 -

Competitive Comparison of Changgao Electric Group Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Changgao Electric Group 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.


Changgao Electric Group Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changgao Electric Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Changgao Electric Group Co's Dividend Payout Ratio falls into.



Changgao Electric Group 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.

Changgao Electric Group 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 )
=0.02/ 0.251
=0.08

Changgao Electric Group Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ 0.092
=0.00

* 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.


Changgao Electric Group Co (SZSE:002452) 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.


Changgao Electric Group Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Changgao Electric Group Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Changgao Electric Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 393, Section 3, Wangcheng Economic and Technological Development Zone, Changsha, CHN, 410219
Changgao Electric Group Co Ltd is engaged in power equipment manufacturing, engineering services, new energy vehicle operation, and power trading operations. The products of the company include gas insulated metal enclosed switchgear, tank circuit breaker, and combined substation.
Executives
Ma Xiao Wu Director
Lin Lin Directors, Directors, and Executives
Gao Zhen An Supervisors
Chen Zhi Gang Supervisors
Ma Xiao Directors, executives
Liu Jia Yu Director
Liu Yun Qiang Executives
Tang Jian She Directors, executives
Peng Qiang Directors, executives
Liu An Xi Director
Wen Wei Supervisors
Xiao Shi Wei Executives
Lin Shen Independent director
Peng Lin Securities Affairs Representative
Liao Jun De Directors, executives

Changgao Electric Group Co Headlines

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