Ningbo Shanshan Co (SHSE:600884) 3-Year Share Buyback Ratio : -11.50% (As of Sep. 2024)

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What is Ningbo Shanshan Co 3-Year Share Buyback Ratio?

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

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three 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. Ningbo Shanshan Co's current 3-Year Share Buyback Ratio was -11.50%.

The historical rank and industry rank for Ningbo Shanshan Co's 3-Year Share Buyback Ratio or its related term are showing as below:

SHSE:600884' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -11.6 Med: -9.8 Max: -3.1
Current: -11.5

During the past 13 years, Ningbo Shanshan Co's highest 3-Year Share Buyback Ratio was -3.10%. The lowest was -11.60%. And the median was -9.80%.

SHSE:600884's 3-Year Share Buyback Ratio is ranked worse than
87.02% of 863 companies
in the Chemicals industry
Industry Median: -1.6 vs SHSE:600884: -11.50

Competitive Comparison of Ningbo Shanshan Co's 3-Year Share Buyback Ratio

For the Specialty Chemicals subindustry, Ningbo Shanshan Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.

Ningbo Shanshan Co's 3-Year Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Shanshan Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Shanshan Co's 3-Year Share Buyback Ratio falls into.

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Ningbo Shanshan Co 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four 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.

Ningbo Shanshan Co (SHSE:600884) 3-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.

Ningbo Shanshan Co 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Ningbo Shanshan Co's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ningbo Shanshan Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningbo Shanshan Co Ltd (SHSE:600884) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777, Rili Middle Road, 28th Floor, Shanshan Building, Room 801, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

https://www.ssgf.net

Ningbo Shanshan Co Ltd is engaged in Research & Development, production and sales of lithium battery materials, LCD polarizer business, clothing brand operation, quasi-financial and venture capital business.

Executives

Li Feng Feng	Directors, senior managers
Zhu Zhi Yong	Directors, senior managers
Zheng Ju	Director
Zhuang Wei	Director
Li Zhi Hua	Directors, senior managers
Chen Ying	senior management
Gao Ming	senior management
Li Ke Qin	Directors, senior managers
Peng Wen Jie	Director
Yang Feng	Director
Jin Ji	Supervisors
Hui Ying	Supervisors
Chen Qi	Supervisors
Yu Ya Zhen	Supervisors

Ningbo Shanshan Co Headlines

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