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Xinjiang East Universe (Group) Gas Co (SHSE:603706) 1-Year Share Buyback Ratio : 0.00% (As of Sep. 2024 )


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What is Xinjiang East Universe (Group) Gas Co 1-Year Share Buyback Ratio?

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

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Xinjiang East Universe (Group) Gas Co's current 1-Year Share Buyback Ratio was 0.00%.

SHSE:603706's 1-Year Share Buyback Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: -0.9
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

Competitive Comparison of Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio

For the Utilities - Regulated Gas subindustry, Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-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.


Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio falls into.


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Xinjiang East Universe (Group) Gas Co 1-Year Share Buyback Ratio Calculation

Xinjiang East Universe (Group) Gas Co's 1-Year Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2023 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Sep. 2023 )
=(189.383 - 189.383) / 189.383
=0.0%

* 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.


Xinjiang East Universe (Group) Gas Co  (SHSE:603706) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


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.


Xinjiang East Universe (Group) Gas Co 1-Year Share Buyback Ratio Related Terms


Xinjiang East Universe (Group) Gas Co Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Yan'an North Road, 24th Floor, Changji Prefecture, Changji City, CHN, 831100
Xinjiang East Universe (Group) Gas Co Ltd offers gas supplying services. It offers car gas products, residents living gas products, industrial gas products, commercial gas products and other gas equipment installation services.
Executives
Tian Jia Director
Zhang Ke Supervisors
Zhou Jing senior management
Li Wei Wei senior management
Li Ming Director

Xinjiang East Universe (Group) Gas Co Headlines

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