CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is CSSC Offshore & Marine Engineering (Group) Co Dividend Payout Ratio?

CSSC Offshore & Marine Engineering (Group) Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600685' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.29 Max: 2.96
Current: 0.11

During the past 13 years, the highest Dividend Payout Ratio of CSSC Offshore & Marine Engineering (Group) Co was 2.96. The lowest was 0.03. And the median was 0.29.

SHSE:600685's Dividend Payout Ratio is ranked better than
84.25% of 127 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs SHSE:600685: 0.11

As of today (2024-05-17), the Dividend Yield % of CSSC Offshore & Marine Engineering (Group) Co is 0.04%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CSSC Offshore & Marine Engineering (Group) Co was 1.14%. The lowest was 0.01%. And the median was 0.12%.

CSSC Offshore & Marine Engineering (Group) Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, CSSC Offshore & Marine Engineering (Group) Co's average Dividends Per Share Growth Rate was -92.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CSSC Offshore & Marine Engineering (Group) Co was 17.00% per year. The lowest was -53.60% per year. And the median was -34.30% per year.

The growth rate is calculated with least square regression.

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

CSSC Offshore & Marine Engineering (Group) Co Dividend Payout Ratio Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (Group) Co'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.

CSSC Offshore & Marine Engineering (Group) Co Dividend Payout Ratio Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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2.96

0.28

0.29

CSSC Offshore & Marine Engineering (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.33	-	-

Competitive Comparison of CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) Co'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.

CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio falls into.

CSSC Offshore & Marine Engineering (Group) Co Dividend Payout Ratio Calculation

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

CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	Earnings per Share (Diluted) (A: Dec. 2023 )
	=	0.01	/	0.034
	=	0.29

CSSC Offshore & Marine Engineering (Group) 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	/	0.032
	=	0.00

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) 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.

CSSC Offshore & Marine Engineering (Group) Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of CSSC Offshore & Marine Engineering (Group) Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (SHSE:600685) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

00317:Hong Kong GSZ:Germany

Address

No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250

Website

http://comec.cssc.net.cn

CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Headlines

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