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If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sokan New Materials Group Co Ltd is 0.84, which seems too high.
During the past 10 years, the highest Dividend Payout Ratio of Sokan New Materials Group Co was 2.06. The lowest was 0.31. And the median was 0.42.
During the past 12 months, Sokan New Materials Group Co's average Dividends Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -4.20% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Sokan New Materials Group Co was -2.20% per year. The lowest was -4.20% per year. And the median was -3.20% per year.
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.
Sokan New Materials Group Co (SHSE:688157) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
* 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.
Sokan New Materials Group Co Dividend Yield % Chart
SHSE:688157 vs LIN, SHW, ECL: Dividend Yield % Comparison
For the Specialty Chemicals subindustry, Sokan New Materials Group Co's Dividend Yield %, along with its competitors' market caps and Dividend 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.
Sokan New Materials Group Co Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sokan New Materials Group Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sokan New Materials Group Co's Dividend Yield % falls into.
Sokan New Materials Group Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sokan New Materials Group Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.040000
2026-07-03
2026-07-02
2026-07-03
Cash Dividend
annually
CNY:CNY 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
Sokan New Materials Group Co (SHSE:688157) has a Dividend Yield % of 0.24% as of Jul. 27, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Sokan New Materials Group Co and its competitors. This is 50% below median its historical median of 0.48. Over the past decade, Sokan New Materials Group Co's Dividend Yield % has ranged from 0.24 to 1.02. According to the industry distribution chart, Sokan New Materials Group Co ranks #973 out of 1059 companies in the Chemicals industry, placing it in the top 91.9%.
Is Sokan New Materials Group Co's Dividend Yield % too high?
Sokan New Materials Group Co's current Dividend Yield % of 0.24% is 50% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.02. The Chemicals industry median Dividend Yield % is 1.59. Sokan New Materials Group Co's value of 0.24% is 84.9% below this industry median. Based on the distribution chart, Sokan New Materials Group Co ranks #973 out of 1059 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sokan New Materials Group Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sokan New Materials Group Co's Dividend Yield % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sokan New Materials Group Co ranks #973 out of 1059 companies for Dividend Yield %. This places Sokan New Materials Group Co in the lower half of its industry. The industry median Dividend Yield % is 1.59. Sokan New Materials Group Co's value of 0.24% is 84.9% below this benchmark. Historically, Sokan New Materials Group Co's own Dividend Yield % has ranged from 0.24 to 1.02 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.59, Sokan New Materials Group Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Chemicals company?
The median Dividend Yield % among Chemicals companies is 1.59, based on 1,059 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sokan New Materials Group Co's current Dividend Yield % of 0.24% is 84.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Sokan New Materials Group Co and its competitors. For the Chemicals industry, the median Dividend Yield % is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sokan New Materials Group Co's current Dividend Yield % is 0.24%, which is 50% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sokan New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sokan New Materials Group Co (SHSE:688157) is currently considered Possible Value Trap. The stock's GF Value™ is ¥34.67, compared to a current price of ¥17.58 — trading 49.3% below its estimated fair value. The current Dividend Yield % is 0.24%, which is 50% below median its 10-year median of 0.48 and 84.9% below the Chemicals industry median of 1.59. Sokan New Materials Group Co's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Sokan New Materials Group Co (SHSE:688157), the current Dividend Yield % is 0.24% as of Jul. 27, 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 Sokan New Materials Group Co (SHSE:688157) Overvalued in 2026?
Based on GuruFocus' analysis, Sokan New Materials Group Co stock appears to be undervalued.
The current stock price of ¥17.58 is trading 49.3% below its estimated GF Value™ of ¥34.67.
GuruFocus considers Sokan New Materials Group Co to be Possible Value Trap.
Key valuation signals for SHSE:688157:
Dividend Yield %: 0.24% (50% below median its 10-year median of 0.48)
GF Value™: ¥34.67 vs. price of ¥17.58 (49.3% below fair value)
Industry Position: 84.9% below the Chemicals median (#973 of 1059)
No single metric tells the full story. See the SHSE:688157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sokan New Materials Group Co Ltd is engaged in the production and sales of new functional coating materials such as paints and special inks. It provides services to market segments such as mobile phones and related accessories, notebook computers and related accessories, wearable devices, and smart home appliances, passenger cars.
72GF Score
Get the complete analysis for SHSE:688157
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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