Zotye Automobile Co (SZSE:000980) 10-Year Share Buyback Ratio : -34.20% (As of Sep. 2024)

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What is Zotye Automobile 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. Zotye Automobile Co's current 10-Year Share Buyback Ratio was -34.20%.

SZSE:000980's 10-Year Share Buyback Ratio is ranked worse than
98.47% of 720 companies
in the Vehicles & Parts industry
Industry Median: -1.4 vs SZSE:000980: -34.20

Competitive Comparison of Zotye Automobile Co's 10-Year Share Buyback Ratio

For the Auto Manufacturers subindustry, Zotye Automobile 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.

Zotye Automobile Co's 10-Year Share Buyback Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zotye Automobile Co's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Zotye Automobile Co's 10-Year Share Buyback Ratio falls into.

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Zotye Automobile 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.

Zotye Automobile Co (SZSE:000980) 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.

Zotye Automobile Co 10-Year Share Buyback Ratio Related Terms

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

Zotye Automobile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zotye Automobile Co Ltd (SZSE:000980) » Definitions » 10-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

Yongkang Economic Development Zone, Zhejiang, CHN, 321301

Website

http://www.zotye.com

Zotye Automobile Co Ltd is a China-based auto vehicle manufacturing company. The company is engaged in the business of research and development, manufacturing and sales of complete vehicles as the core business. The company owns automotive brands such as Zotye, Jiangnan, and Junma. The products of the company cover market segments such as cars, SUVs, MPVs, and new energy vehicles. It manufactures and distributes automobile instruments, security doors, and other automobile parts. The organization sells its vehicles in China and also exports it to other international countries.

Executives

Wang Lei	Executives
Xu Zi Jie	Supervisors
Wang Yu Mei	Executives
Fang Mao Jun	Executives
Yang Hai Feng	Secretary Dong
Yan Gen Shui	Directors, executives
Yu Bin	Directors, executives

Zotye Automobile Co Headlines

No Headlines