Zhaojin Mining Industry Co (STU:ZVL) 3-Year Share Buyback Ratio : -1.30% (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Zhaojin Mining Industry Co 3-Year Share Buyback Ratio?

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

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Zhaojin Mining Industry Co's current 3-Year Share Buyback Ratio was -1.30%.

The historical rank and industry rank for Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio or its related term are showing as below:

STU:ZVL' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.3 Med: -0.6 Max: 2.9
Current: -1.3

During the past 13 years, Zhaojin Mining Industry Co's highest 3-Year Share Buyback Ratio was 2.90%. The lowest was -3.30%. And the median was -0.60%.

STU:ZVL's 3-Year Share Buyback Ratio is ranked better than
88.73% of 2058 companies
in the Metals & Mining industry
Industry Median: -14.8 vs STU:ZVL: -1.30

Competitive Comparison of Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio

For the Gold subindustry, Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.

Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Zhaojin Mining Industry Co 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Zhaojin Mining Industry Co (STU:ZVL) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

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.

Zhaojin Mining Industry Co 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Zhaojin Mining Industry Co's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhaojin Mining Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhaojin Mining Industry Co Ltd (STU:ZVL) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ZHAOF:USA 01818:Hong Kong ZVL:Germany ZVL:Germany

Address

No. 118 Wenquan Road, Shandong Province, Zhaoyuan, CHN, 265400

Website

https://www.zhaojin.com.cn

Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The exploration, mining, ore processing, smelting, and sale of gold and other metallic products is a large integrated mining enterprise specializing in the production of gold. It produces two kinds of gold products, Au9999 and Au9995 gold bullion, under the brand Zhaojin. The company has three reportable operating segments: Gold operations, Copper operations, and Others. A majority of its revenue is generated from the Gold operations segment, which consists of gold mining and smelting operations. The copper operations segment consists of copper mining and smelting operations. Geographically, it derives maximum revenue from Mainland China and the rest from overseas markets.

Zhaojin Mining Industry Co Headlines

No Headlines