If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jiangsu Asia-Pacific Light Alloy Technology Co Ltd is 0.89, which seems too high.
SZSE:002540's Dividend Payout Ratio is ranked worse than 77.13% of 258
companies
in the Metals & Mining industry
Industry Median: 0.43
vs SZSE:002540: 0.89
During the past 12 months, Jiangsu Asia-Pacific Light Alloy Technology Co's average Dividends Per Share Growth Rate was 310.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 19.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu Asia-Pacific Light Alloy Technology Co was 112.50% per year. The lowest was -40.70% per year. And the median was 19.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Jiangsu Asia-Pacific Light Alloy Technology Co Dividend Payout Ratio Historical Data
* 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.
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Jiangsu Asia-Pacific Light Alloy Technology Co Dividend Payout Ratio Chart
Jiangsu Asia-Pacific Light Alloy Technology Co Annual Data
Competitive Comparison of Jiangsu Asia-Pacific Light Alloy Technology Co's Dividend Payout Ratio
For the Aluminum subindustry, Jiangsu Asia-Pacific Light Alloy Technology 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.
Jiangsu Asia-Pacific Light Alloy Technology Co's Dividend Payout Ratio Distribution in the Metals & Mining Industry
* 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.
Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) 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.
Jiangsu Asia-Pacific Light Alloy Technology Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Jiangsu Asia-Pacific Light Alloy Technology Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Business Description
Jiangsu Asia-Pacific Light Alloy Technology Co Ltd manufactures and sells aluminum extrusion profiles and precision-drawn tubes for use in automotive, transportation, HVAC&R, industrial, seawater desalination, aerospace, solar, and other applications in China. The products provided by the company comprise of Precision tube, Micro-multiport extrusion tube, and Extrusion profile.
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