Tongling Jingda Special Magnet Wire Co (SHSE:600577) 3-Month Share Buyback Ratio: -0.40% (As of Jun. 2026 )

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SHSE:600577 Tongling Jingda Special Magnet Wire Co Ltd SHSE:600577
77 GF Score
Price ¥8.48
GF Value ¥8.69
Valuation Fairly Valued
! 4 Warning Signs
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What is Tongling Jingda Special Magnet Wire Co 3-Month Share Buyback Ratio?

Tongling Jingda Special Magnet Wire Co SHSE:600577 -1.74% 77 3-Month Share Buyback Ratio is -0.40 as of Jun. 2026. GuruFocus rates SHSE:600577 with a GF Score™ of 77/100 and a GF Value™ of ¥8.69 (Fairly Valued). The stock has 4 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Tongling Jingda Special Magnet Wire Co's current 3-Month Share Buyback Ratio was -0.40%.


Tongling Jingda Special Magnet Wire Co  (SHSE:600577) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Tongling Jingda Special Magnet Wire Co 3-Month Share Buyback Ratio Related Terms


SHSE:600577 vs VRT, BE: 3-Month Share Buyback Ratio Comparison

For the Electrical Equipment & Parts subindustry, Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback 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.


Tongling Jingda Special Magnet Wire Co 3-Month Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio falls into.


SHSE:600577
77GF Score
Tongling Jingda Special Magnet Wire Co Ltd SHSE:600577
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongling Jingda Special Magnet Wire Co 3-Month Share Buyback Ratio Calculation

Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2026 ) - Shares Outstanding (EOP) (Jun. 2026 )) / Shares Outstanding (EOP) (Mar. 2026 )
=(2151.094 - 2159.725) / 2151.094
=-0.40%

* 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.

What does a 3-Month Share Buyback Ratio of -0.40 mean?
Tongling Jingda Special Magnet Wire Co (SHSE:600577) has a 3-Month Share Buyback Ratio of -0.40 as of Jun. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Tongling Jingda Special Magnet Wire Co and its competitors.
Is Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio too high?
Tongling Jingda Special Magnet Wire Co's current 3-Month Share Buyback Ratio is -0.40. Overall, Tongling Jingda Special Magnet Wire Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio compare to VRT and BE?
Tongling Jingda Special Magnet Wire Co's 3-Month Share Buyback Ratio of -0.40 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Industrial Products company?
A good 3-Month Share Buyback Ratio depends on the Industrial Products industry context. However, 3-Month Share Buyback 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Tongling Jingda Special Magnet Wire Co and its competitors. Tongling Jingda Special Magnet Wire Co's current 3-Month Share Buyback Ratio is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongling Jingda Special Magnet Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co (SHSE:600577) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.69, compared to a current price of ¥8.48 — trading 2.4% below its estimated fair value. The current 3-Month Share Buyback Ratio is -0.40. Tongling Jingda Special Magnet Wire Co's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Tongling Jingda Special Magnet Wire Co (SHSE:600577), the current 3-Month Share Buyback Ratio is -0.40 as of Jun. 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 Tongling Jingda Special Magnet Wire Co (SHSE:600577) Overvalued in 2026?

Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co stock appears to be undervalued. The current stock price of ¥8.48 is trading 2.4% below its estimated GF Value™ of ¥8.69. GuruFocus considers Tongling Jingda Special Magnet Wire Co to be Fairly Valued.

Key valuation signals for SHSE:600577:

  • 3-Month Share Buyback Ratio: -0.40
  • GF Value™: ¥8.69 vs. price of ¥8.48 (2.4% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongling Jingda Special Magnet Wire Co Business Description

Address Wu Tong Road, Economic and Technological Development Zone, tongling, Anhui, CHN, 244000
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
77GF Score

Get the complete analysis for SHSE:600577

3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.48
Price
¥8.69
GF Value