Guangdong Lvtong New Energy Electric Vehicle Technology Co (SZSE:301322) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Guangdong Lvtong New Energy Electric Vehicle Technology Co Dividend Payout Ratio?

Guangdong Lvtong New Energy Electric Vehicle Technology 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 Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd is 0.78, which seems too high.

The historical rank and industry rank for Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:301322' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.71 Med: 0.71 Max: 0.78
Current: 0.78

During the past 6 years, the highest Dividend Payout Ratio of Guangdong Lvtong New Energy Electric Vehicle Technology Co was 0.78. The lowest was 0.71. And the median was 0.71.

SZSE:301322's Dividend Payout Ratio is ranked worse than
86.11% of 749 companies
in the Vehicles & Parts industry
Industry Median: 0.27 vs SZSE:301322: 0.78

As of today (2024-05-27), the Dividend Yield % of Guangdong Lvtong New Energy Electric Vehicle Technology Co is 5.49%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Guangdong Lvtong New Energy Electric Vehicle Technology Co was 6.01%. The lowest was 1.45%. And the median was 4.34%.

Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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

Guangdong Lvtong New Energy Electric Vehicle Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Guangdong Lvtong New Energy Electric Vehicle Technology 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.

Guangdong Lvtong New Energy Electric Vehicle Technology Co Dividend Payout Ratio Chart

Guangdong Lvtong New Energy Electric Vehicle Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.71

Guangdong Lvtong New Energy Electric Vehicle Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial												-	1.16	1.41	-	-

Competitive Comparison of Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio

For the Auto Manufacturers subindustry, Guangdong Lvtong New Energy Electric Vehicle 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.

Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio falls into.

Guangdong Lvtong New Energy Electric Vehicle Technology Co Dividend Payout Ratio Calculation

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

Guangdong Lvtong New Energy Electric Vehicle Technology 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 )
	=	1.8	/	2.55
	=	0.71

Guangdong Lvtong New Energy Electric Vehicle Technology 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	/	0.351
	=	0.00

Guangdong Lvtong New Energy Electric Vehicle Technology Co (SZSE:301322) 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.

Guangdong Lvtong New Energy Electric Vehicle Technology Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Guangdong Lvtong New Energy Electric Vehicle Technology Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Lvtong New Energy Electric Vehicle Technology Co (SZSE:301322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd (SZSE:301322) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

N/A

Address

Hexi Industrial Zone, Hongmei Town, Guangdong Province, Dongguan, CHN, 523161

Website

http://www.lvtong.com.cn

Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd is engaged in the research and development, production and sales of field electric vehicles. The company has a series of products such as electric patrol cars, electric fire trucks, electric classic cars, electric antique cars, sightseeing cars, golf sightseeing cars, electric trucks, electric special vehicles which are widely used in domestic scenic spots, golf courses, factories, Real estate, hotels, police patrols, cargo transportation and other places.

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