Jiangsu LiXing General Steel Ball Co (SZSE:300421) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Jiangsu LiXing General Steel Ball Co Dividend Payout Ratio?

Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball Co Ltd is 1.66, which seems too high.

The historical rank and industry rank for Jiangsu LiXing General Steel Ball Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:300421' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.76 Max: 1.79
Current: 1.66

During the past 13 years, the highest Dividend Payout Ratio of Jiangsu LiXing General Steel Ball Co was 1.79. The lowest was 0.31. And the median was 0.76.

SZSE:300421's Dividend Payout Ratio is ranked worse than
92.97% of 313 companies
in the Steel industry
Industry Median: 0.29 vs SZSE:300421: 1.66

As of today (2024-05-27), the Dividend Yield % of Jiangsu LiXing General Steel Ball Co is 3.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jiangsu LiXing General Steel Ball Co was 5.86%. The lowest was 0.37%. And the median was 1.23%.

Jiangsu LiXing General Steel Ball Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jiangsu LiXing General Steel Ball Co's average Dividends Per Share Growth Rate was 180.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 61.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu LiXing General Steel Ball Co was 61.60% per year. The lowest was -31.00% per year. And the median was -3.10% per year.

The growth rate is calculated with least square regression.

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

Jiangsu LiXing General Steel Ball Co Dividend Payout Ratio Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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.

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Jiangsu LiXing General Steel Ball Co Dividend Payout Ratio Chart

Jiangsu LiXing General Steel Ball Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.62

0.42

0.31

0.69

1.79

Jiangsu LiXing General Steel Ball 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															-	1.79	-	10.87	-

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's Dividend Payout Ratio

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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 LiXing General Steel Ball Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's Dividend Payout Ratio falls into.

Jiangsu LiXing General Steel Ball Co Dividend Payout Ratio Calculation

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

Jiangsu LiXing General Steel Ball 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 )
	=	0.35	/	0.196
	=	1.79

Jiangsu LiXing General Steel Ball 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	/	0.059
	=	0.00

Jiangsu LiXing General Steel Ball Co (SZSE:300421) 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 LiXing General Steel Ball Co Dividend Payout Ratio Related Terms

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

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu LiXing General Steel Ball Co Ltd (SZSE:300421) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 68, Xingyuan Avenue, Rugao Town, Jiangsu Province, Rugao, Jiangsu, CHN, 226500

Website

http://www.jgbr.com.cn

Jiangsu LiXing General Steel Ball Co Ltd is engaged in manufacturing of mechanical basic parts and auto parts. Its main products are high-precision bearing steel ball, precision non-sound steel ball, high-grade car special precision bearing steel ball, high-grade car wheel special steel ball, wind power generation special steel Balls.

Executives

Su Yin Jian	Supervisors
Zhao Gao Ming	Directors, executives
Wang Rong	Directors, executives
Sha Xiao Jian	Executives
Zhang Bang You	Directors, executives
Chen Fang	Executives
Wu Xiang Hui	Supervisors
Tang Guo Hua	Directors, executives
Shi Xiang Gui	Directors, executives

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Headlines

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