Ningbo Water Meter (Group) Co (SHSE:603700) Total Payout Yield %: 1.78 (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603700 Ningbo Water Meter (Group) Co Ltd SHSE:603700
71 GF Score
Price ¥11.42
GF Value ¥14.27
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Water Meter (Group) Co Total Payout Yield %?

Ningbo Water Meter (Group) Co SHSE:603700 -1.72% 71 Total Payout Yield % is 1.78 as of Aug. 23, 2026. GuruFocus rates SHSE:603700 with a GF Score™ of 71/100 and a GF Value™ of ¥14.27 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Ningbo Water Meter (Group) Co's current Total Payout Yield % is 1.78%.


Ningbo Water Meter (Group) Co Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Ningbo Water Meter (Group) Co Total Payout Yield % Related Terms


Ningbo Water Meter (Group) Co Total Payout Yield % Historical Data

* Premium members only.

The historical data trend for Ningbo Water Meter (Group) Co's Total Payout Yield % 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.

Ningbo Water Meter (Group) Co Total Payout Yield % Chart

Ningbo Water Meter (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 6.10 2.20 3.01 1.51

Ningbo Water Meter (Group) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Payout Yield % 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 0.07 6.69 0.20 -0.13 0.01

SHSE:603700 vs VRT, BE: Total Payout Yield % Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) Co's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % 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.


Ningbo Water Meter (Group) Co Total Payout Yield % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Ningbo Water Meter (Group) Co's Total Payout Yield % falls into.


SHSE:603700
71GF Score
Ningbo Water Meter (Group) Co Ltd SHSE:603700
Total Payout Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Water Meter (Group) Co Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Ningbo Water Meter (Group) Co's Total Payout Yield % for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 0 + -41.124) / 2717.48358
=1.51%

Ningbo Water Meter (Group) Co's annualized Total Payout Yield % for the quarter that ended in Mar. 2026 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0 + -0.039) * 4 / 2647.49688
=0.01%

* 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.

Frequently Asked Questions Learn more about Total Payout Yield % →
What does a Total Payout Yield % of 1.78 mean?
Ningbo Water Meter (Group) Co (SHSE:603700) has a Total Payout Yield % of 1.78 as of Aug. 23, 2026. Total Payout Yield is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Market Cap. View historical data on Ningbo Water Meter (Group) Co and its competitors.
Is Ningbo Water Meter (Group) Co's Total Payout Yield % too high?
Ningbo Water Meter (Group) Co's current Total Payout Yield % is 1.78. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's Total Payout Yield % compare to VRT and BE?
Ningbo Water Meter (Group) Co's Total Payout Yield % of 1.78 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 Total Payout Yield % for an Industrial Products company?
A good Total Payout Yield % depends on the Industrial Products industry context. However, Total Payout Yield % 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 Total Payout Yield % mean?
A high Total Payout Yield % can signal that a stock is expensive relative to its fundamentals. Total Payout Yield is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Market Cap. View historical data on Ningbo Water Meter (Group) Co and its competitors. Ningbo Water Meter (Group) Co's current Total Payout Yield % is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.27, compared to a current price of ¥11.42 — trading 20% below its estimated fair value. The current Total Payout Yield % is 1.78. Ningbo Water Meter (Group) Co's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Yield % calculated?
Total Payout Yield % is calculated from a company's financial statements. For Ningbo Water Meter (Group) Co (SHSE:603700), the current Total Payout Yield % is 1.78 as of Aug. 23, 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 Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued. The current stock price of ¥11.42 is trading 20% below its estimated GF Value™ of ¥14.27. GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603700:

  • Total Payout Yield %: 1.78
  • GF Value™: ¥14.27 vs. price of ¥11.42 (20% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Water Meter (Group) Co Business Description

Address No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
71GF Score

Get the complete analysis for SHSE:603700

Total Payout Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.42
Price
¥14.27
GF Value