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Jikai Equipment Manufacturing Co (SZSE:002691) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Jikai Equipment Manufacturing Co Dividend Payout Ratio?

Jikai Equipment Manufacturing 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 Jikai Equipment Manufacturing Co Ltd is 3.50, which seems too high.

The historical rank and industry rank for Jikai Equipment Manufacturing Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002691' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.18   Max: 3.5
Current: 3.5


During the past 13 years, the highest Dividend Payout Ratio of Jikai Equipment Manufacturing Co was 3.50. The lowest was 0.08. And the median was 0.18.

SZSE:002691's Dividend Payout Ratio is ranked worse than
99.18% of 122 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.23 vs SZSE:002691: 3.50

As of today (2024-04-28), the Dividend Yield % of Jikai Equipment Manufacturing Co is 0.13%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jikai Equipment Manufacturing Co was 0.63%. The lowest was 0.02%. And the median was 0.12%.

Jikai Equipment Manufacturing Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jikai Equipment Manufacturing Co's average Dividends Per Share Growth Rate was -12.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jikai Equipment Manufacturing Co was 11.90% per year. The lowest was -44.30% per year. And the median was -5.20% per year.

The growth rate is calculated with least square regression.

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


Jikai Equipment Manufacturing Co Dividend Payout Ratio Historical Data

The historical data trend for Jikai Equipment Manufacturing 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.

Jikai Equipment Manufacturing Co Dividend Payout Ratio Chart

Jikai Equipment Manufacturing 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 0.18 - - 0.40 -

Jikai Equipment Manufacturing 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 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 - - - - -

Competitive Comparison of Jikai Equipment Manufacturing Co's Dividend Payout Ratio

For the Farm & Heavy Construction Machinery subindustry, Jikai Equipment Manufacturing 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.


Jikai Equipment Manufacturing Co's Dividend Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Jikai Equipment Manufacturing Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jikai Equipment Manufacturing Co's Dividend Payout Ratio falls into.



Jikai Equipment Manufacturing Co Dividend Payout Ratio Calculation

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

Jikai Equipment Manufacturing 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 )
=0.007/ -0.09
=N/A

Jikai Equipment Manufacturing 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 )/ Earnings per Share (Diluted) (Q: Mar. 2024 )
=0/ 0.008
=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.


Jikai Equipment Manufacturing Co (SZSE:002691) 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.


Jikai Equipment Manufacturing Co Dividend Payout Ratio Related Terms

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


Jikai Equipment Manufacturing Co (SZSE:002691) Business Description

Traded in Other Exchanges
N/A
Address
No. 418, Xiangjiang Road, National High-tech Industrial Development Zone, Hebei, Shijiazhuang, CHN, 050035
Jikai Equipment Manufacturing Co Ltd Is engaged in the development, manufacture, distribution and service of underground mining machinery. It provides specialized solutions in underground mining industry for tunneling, tunnel supporting and transportation and others. The main products consist of Tunnel Supporting Equipment's and tools, Tunnel Safety Equipment's and accessories, Road Header and Heavy-Duty Scraper Conveyor and others. Geographically, the business activities are carried out through the region of China.

Jikai Equipment Manufacturing Co (SZSE:002691) Headlines

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