GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shandong Huapeng Glass Co Ltd (SHSE:603021) » Definitions » 3-Year Share Buyback Ratio

Shandong Huapeng Glass Co (SHSE:603021) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Shandong Huapeng Glass 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. Shandong Huapeng Glass Co's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Shandong Huapeng Glass Co's highest 3-Year Share Buyback Ratio was -5.30%. The lowest was -15.90%. And the median was -13.00%.

SHSE:603021's 3-Year Share Buyback Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: -0.45
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Shandong Huapeng Glass Co's 3-Year Share Buyback Ratio

For the Packaging & Containers subindustry, Shandong Huapeng Glass 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.


Shandong Huapeng Glass Co's 3-Year Share Buyback Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Huapeng Glass Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Huapeng Glass Co's 3-Year Share Buyback Ratio falls into.


;
;

Shandong Huapeng Glass 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.


Shandong Huapeng Glass Co (SHSE:603021) 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.


Shandong Huapeng Glass Co 3-Year Share Buyback Ratio Related Terms

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


Shandong Huapeng Glass Co Business Description

Traded in Other Exchanges
N/A
Address
Shidao Longyun Road, No. 468, Shandong Province, Rongcheng City, CHN, 264309
Shandong Huapeng Glass Co Ltd develops, produces, and sells various glassware products and glass bottles in China. It manufactures pressed and blown glass. The company produces medium and top-grade glassware and glass bottles.
Executives
Zhang De Hua Director
Wang Dai Yong Director
Fan Chun Lei Director
Wang Zheng Yi Director
Song Guo Ming Director
Wang Xiao Bo Supervisors
Wang Xiu Qing senior management
Wang Zu Tong Supervisors
Wang Jia Min senior management

Shandong Huapeng Glass Co Headlines

No Headlines