China Oriental Group Co (STU:ORG) 10-Year Share Buyback Ratio : -3.10% (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is China Oriental Group Co 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. China Oriental Group Co's current 10-Year Share Buyback Ratio was -3.10%.

STU:ORG's 10-Year Share Buyback Ratio is ranked worse than
61.6% of 362 companies
in the Steel industry
Industry Median: -1.7 vs STU:ORG: -3.10

Competitive Comparison of China Oriental Group Co's 10-Year Share Buyback Ratio

For the Steel subindustry, China Oriental Group Co's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback 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.

China Oriental Group Co's 10-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Oriental Group Co's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where China Oriental Group Co's 10-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

China Oriental Group Co 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

China Oriental Group Co (STU:ORG) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

China Oriental Group Co 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of China Oriental Group Co's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Oriental Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Oriental Group Co Ltd (STU:ORG) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

00581:Hong Kong

Address

23 Harbour Road, Suites 901-2 and 10, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.chinaorientalgroup.com

China Oriental Group Co Ltd is an iron and steel producer. The company is organized into two main operating segments: Iron and Steel and Real Estate. The Iron and Steel segment is comprised of the manufacturing and sale of iron and steel products and trading of steel products and iron ore and under its Real Estate segment it develops and sells properties. China Oriental produces downstream products including H-section steel, Cold rolled sheets, Galvanized sheets, Strips and strip products, Billets, Rebar, and Steel pile sheets. The company generates the majority of its revenue from the Iron and Steel segment. The firm's major customers are based in Northern China.