Goneo Group Co (SHSE:603195) Dividend Payout Ratio : 0.00 (As of Sep. 2023)

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What is Goneo Group Co Dividend Payout Ratio?

Goneo Group Co's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Goneo Group Co Ltd is 0.79, which seems too high.

The historical rank and industry rank for Goneo Group Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603195' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.5 Max: 1.02
Current: 0.79

During the past 8 years, the highest Dividend Payout Ratio of Goneo Group Co was 1.02. The lowest was 0.46. And the median was 0.50.

SHSE:603195's Dividend Payout Ratio is ranked worse than
84.88% of 1673 companies
in the Industrial Products industry
Industry Median: 0.33 vs SHSE:603195: 0.79

As of today (2024-04-28), the Dividend Yield % of Goneo Group Co is 2.83%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Goneo Group Co was 3.69%. The lowest was 0.88%. And the median was 1.71%.

Goneo Group Co's Dividends per Share for the months ended in Sep. 2023 was ¥0.00.

During the past 12 months, Goneo Group Co's average Dividends Per Share Growth Rate was 103.50% per year.

The growth rate is calculated with least square regression.

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

Goneo Group Co Dividend Payout Ratio Historical Data

The historical data trend for Goneo 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.

Goneo Group Co Dividend Payout Ratio Chart

Goneo Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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1.02

0.46

0.50

Goneo Group Co 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															-	-	-	2.66	-

Competitive Comparison of Goneo Group Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Goneo 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.

Goneo Group Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goneo Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Goneo Group Co's Dividend Payout Ratio falls into.

Goneo Group Co Dividend Payout Ratio Calculation

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

Goneo Group Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	1.622	/	3.257
	=	0.50

Goneo Group Co'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	/	1.161
	=	0.00

Goneo Group Co (SHSE:603195) 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.

Goneo Group Co Dividend Payout Ratio Related Terms

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

Goneo Group Co (SHSE:603195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goneo Group Co Ltd (SHSE:603195) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 32 Sanhai Road, East Guanhaiwei Industrial Zone, Guanhaiwei Town, Zhejiang Province, Cixi, CHN, 315314

Website

http://www.gongniu.cn

Gongniu Group Co Ltd is engaged in the research, development, manufacture, and sale of civil electrical products such as extended line sockets, wall switches, LED lighting, and digital accessories. The company's products include Power Strips, High-end Power Strip, USB Power Strip, Digital Accessories, Decorative Switch Socket, and Eye-care LED Light.

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