Chongyi Zhangyuan Tungsten Co (SZSE:002378) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Chongyi Zhangyuan Tungsten Co Dividend Payout Ratio?

Chongyi Zhangyuan Tungsten Co's dividend payout ratio for the months ended in Mar. 2024 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 Chongyi Zhangyuan Tungsten Co Ltd is 0.88, which seems too high.

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

SZSE:002378' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.56 Max: 1.09
Current: 0.88

During the past 13 years, the highest Dividend Payout Ratio of Chongyi Zhangyuan Tungsten Co was 1.09. The lowest was 0.38. And the median was 0.56.

SZSE:002378's Dividend Payout Ratio is ranked worse than
76.83% of 259 companies
in the Metals & Mining industry
Industry Median: 0.42 vs SZSE:002378: 0.88

As of today (2024-05-27), the Dividend Yield % of Chongyi Zhangyuan Tungsten Co is 1.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Chongyi Zhangyuan Tungsten Co was 2.82%. The lowest was 0.11%. And the median was 0.47%.

Chongyi Zhangyuan Tungsten Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Chongyi Zhangyuan Tungsten Co's average Dividends Per Share Growth Rate was 55.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chongyi Zhangyuan Tungsten Co was 72.50% per year. The lowest was -41.70% per year. And the median was -2.15% per year.

The growth rate is calculated with least square regression.

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

Chongyi Zhangyuan Tungsten Co Dividend Payout Ratio Historical Data

The historical data trend for Chongyi Zhangyuan Tungsten 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.

Chongyi Zhangyuan Tungsten Co Dividend Payout Ratio Chart

Chongyi Zhangyuan Tungsten Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

1.09

Chongyi Zhangyuan Tungsten 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															-	3.00	-	-	-

Competitive Comparison of Chongyi Zhangyuan Tungsten Co's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Chongyi Zhangyuan Tungsten 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.

Chongyi Zhangyuan Tungsten Co's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chongyi Zhangyuan Tungsten Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Chongyi Zhangyuan Tungsten Co's Dividend Payout Ratio falls into.

Chongyi Zhangyuan Tungsten Co Dividend Payout Ratio Calculation

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

Chongyi Zhangyuan Tungsten 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 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.12	/	0.11
	=	1.09

Chongyi Zhangyuan Tungsten 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	/	0.034
	=	0.00

Chongyi Zhangyuan Tungsten Co (SZSE:002378) 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.

Chongyi Zhangyuan Tungsten Co Dividend Payout Ratio Related Terms

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

Chongyi Zhangyuan Tungsten Co (SZSE:002378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chongyi Zhangyuan Tungsten Co Ltd (SZSE:002378) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Chongyi, Ganzhou, Jiangxi, CHN, 341300

Website

http://www.zy-tungsten.com

Chongyi Zhangyuan Tungsten Co Ltd is engaged in tungsten mining, smelting, milling, hard alloying, deep processing, and trade.

Executives

Liu Ji	Directors, Directors, and Executives
Huang Wen	Executives
Huang Ze Hui	Executives
Zhao Li Fu	Directors, executives
Zhang Zong Wei	Supervisors
Shi Yu Sheng	Executives
Huang Shi Chun	Directors, executives
Fan Di Yao	Directors, executives
Lai Chang Hong	Executives
Yang Gui Bin	Executives
Huang Ze Lan	Director
Yu Yue Guang	Director

Chongyi Zhangyuan Tungsten Co (SZSE:002378) Headlines

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