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Joinn Laboratories (China) Co (SHSE:603127) 3-Year Dividend Growth Rate : 65.00% (As of Mar. 2024)


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What is Joinn Laboratories (China) Co 3-Year Dividend Growth Rate?

Joinn Laboratories (China) Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:603127' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 47.4   Med: 65   Max: 66.2
Current: 65

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Joinn Laboratories (China) Co was 66.20% per year. The lowest was 47.40% per year. And the median was 65.00% per year.

SHSE:603127's 3-Year Dividend Growth Rate is ranked better than
84.62% of 39 companies
in the Medical Diagnostics & Research industry
Industry Median: 8.4 vs SHSE:603127: 65.00

During the past 12 months, Joinn Laboratories (China) Co's average Dividends Per Share Growth Rate was 55.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 65.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 60.00% per year. 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.

Joinn Laboratories (China) Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Joinn Laboratories (China) Co's Dividend Yield % is 2.22%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Joinn Laboratories (China) Co Ltd is 1.90, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate

For the Diagnostics & Research subindustry, Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Joinn Laboratories (China) Co's 3-Year Dividend Growth Rate falls into.



Joinn Laboratories (China) Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Joinn Laboratories (China) Co  (SHSE:603127) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Joinn Laboratories (China) Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.057
=0.00

During the past 12 years, the highest Dividend Payout Ratio of Joinn Laboratories (China) Co was 1.90. The lowest was 0.18. And the median was 0.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Joinn Laboratories (China) Co Ltd is 1.90, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Joinn Laboratories (China) Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4000002023-07-252023-07-242023-07-25Cash DividendannuallyCNY: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.

Joinn Laboratories (China) Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4/18.00
=2.22 %

Current Share Price is ¥18.00.
Joinn Laboratories (China) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.4.

During the past 12 years, the highest Dividend Yield of Joinn Laboratories (China) Co was 2.57%. The lowest was 0.13%. And the median was 0.34%.

* 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.


Joinn Laboratories (China) Co 3-Year Dividend Growth Rate Related Terms>


Joinn Laboratories (China) Co (SHSE:603127) Business Description

Traded in Other Exchanges
Address
A5 Rongjing East Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
Joinn Laboratories (China) Co Ltd is a non-clinical contract research organization(CRO) focused on drug safety assessment. It operates in three segments: Non-clinical studies services include drug safety assessment, drug metabolism & pharmacokinetics (DMPK) studies, & pharmacology & efficacy studies; Clinical trial & related services segment provides early-stage services such as clinical CRO services, co-managed phase I clinical research units, & bioanalytical services, and: Sales of research models engages in the design, production, breeding, & sales of research models, currently including non-human primates and rodents. The majority is from the Non- Clinical studies services. Its geographical segments are China, the United States, and Other countries, of which the majority is from China.

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