Renxin New Material Co (SZSE:301395) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Renxin New Material 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. Renxin New Material Co's Dividend Payout Ratio for the months ended in Sep. 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 Renxin New Material Co Ltd is 3.22, which seems too high.

The historical rank and industry rank for Renxin New Material Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:301395' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.22
Current: 3.22

During the past 8 years, the highest Dividend Payout Ratio of Renxin New Material Co was 3.22. The lowest was 0.00. And the median was 0.00.

SZSE:301395's Dividend Payout Ratio is ranked worse than
97.48% of 914 companies
in the Chemicals industry
Industry Median: 0.36 vs SZSE:301395: 3.22

As of today (2025-04-23), the Dividend Yield % of Renxin New Material Co is 8.43%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Renxin New Material Co was 11.36%. The lowest was 7.91%. And the median was 8.70%.

Renxin New Material Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

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.

Renxin New Material Co Dividend Payout Ratio Historical Data

The historical data trend for Renxin New Material 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.

Renxin New Material Co Dividend Payout Ratio Chart

Renxin New Material Co Annual Data

Trend

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Dividend Payout Ratio

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Renxin New Material Co Quarterly Data
	Dec16	Dec17	Dec18	Dec19	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															-	-	-	12.05	-

Competitive Comparison of Renxin New Material Co's Dividend Payout Ratio

For the Chemicals subindustry, Renxin 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.

Renxin New Material Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Renxin New Material Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Renxin New Material Co's Dividend Payout Ratio falls into.

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Renxin New Material Co Dividend Payout Ratio Calculation

Renxin New Material 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	/	0.243
	=	0.00

Renxin New Material 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	/	0.044
	=	0.00

Renxin New Material Co (SZSE:301395) 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.

Renxin New Material Co Dividend Payout Ratio Related Terms

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

Renxin New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Renxin New Material Co Ltd (SZSE:301395) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 28, Xiayong Petrochemical Avenue Middle, Daya Bay, Guangdong, Huizhou, CHN, 516082

Website

http://www.hzrxnm.com

Renxin New Material Co Ltd is specialized in polystyrene high Research and development, production and sales of molecular new materials (polystyrene). The main products of Renxin New Materials have been highly recognized by downstream enterprises and established a good market image and brand awareness.

Renxin New Material Co Headlines

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