Tonking New Energy Group Holdings (HKSE:08326) Dividend Payout Ratio : 0.00 (As of Sep. 2023)

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What is Tonking New Energy Group Holdings Dividend Payout Ratio?

Tonking New Energy Group Holdings's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Tonking New Energy Group Holdings's Dividend Payout Ratio or its related term are showing as below:

HKSE:08326's Dividend Payout Ratio is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-01), the Dividend Yield % of Tonking New Energy Group Holdings is 0.00%.

Tonking New Energy Group Holdings's Dividends per Share for the months ended in Sep. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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

Tonking New Energy Group Holdings Dividend Payout Ratio Historical Data

The historical data trend for Tonking New Energy Group Holdings's Dividend Payout Ratio 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.

* Premium members only.

Tonking New Energy Group Holdings Dividend Payout Ratio Chart

Tonking New Energy Group Holdings Annual Data

Trend

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Mar23

Dividend Payout Ratio

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Tonking New Energy Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tonking New Energy Group Holdings's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Tonking New Energy Group Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.

Tonking New Energy Group Holdings's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tonking New Energy Group Holdings's Dividend Payout Ratio falls into.

Tonking New Energy Group Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tonking New Energy Group Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0	/	0.034
	=	0.00

Tonking New Energy Group Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0	/	0.002
	=	0.00

Tonking New Energy Group Holdings (HKSE:08326) Dividend Payout Ratio Explanation

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.

Tonking New Energy Group Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tonking New Energy Group Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tonking New Energy Group Holdings (HKSE:08326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tonking New Energy Group Holdings Ltd (HKSE:08326) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

67 Mody Road, Room 701, 7th Floor, Peninsula Centre, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

http://www.tonkinggroup.com.hk

Tonking New Energy Group Holdings Ltd is an investment holding company. The Company's principal activity is the renewable energy business in the People's Republic of China. Its operating segments includes Sales of the patented photovoltaic tracking mounting bracket systems; Provision of one-stop value added solution for photovoltaic power stations and Sales of electricity. The company generates maximum revenue from the Sales of the patented photovoltaic tracking mounting bracket systems segment. The business of the group is primarily operated through Hong Kong and China of which China accounts for a larger share of the revenue.

Executives

Wu Jiannong	2201 Interest of corporation controlled by you
Rise Triumph Limited	2101 Beneficial owner
Xu Jun	2101 Beneficial owner
Victory Stand International Limited	2101 Beneficial owner
Wu Kai Char	2201 Interest of corporation controlled by you

Tonking New Energy Group Holdings (HKSE:08326) Headlines

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