Jiangsufety Group Co (SHSE:603028) 3-Year Share Buyback Ratio : 0.00% (As of Sep. 2024)

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What is Jiangsufety Group 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. Jiangsufety Group Co's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Jiangsufety Group Co's highest 3-Year Share Buyback Ratio was -10.10%. The lowest was -10.10%. And the median was -10.10%.

SHSE:603028's 3-Year Share Buyback Ratio is not ranked ^*
in the Steel industry.
Industry Median: -0.9
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Jiangsufety Group Co's 3-Year Share Buyback Ratio

For the Steel subindustry, Jiangsufety Group 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.

Jiangsufety Group Co's 3-Year Share Buyback Ratio Distribution in the Steel Industry

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

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

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Jiangsufety Group 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.

Jiangsufety Group Co (SHSE:603028) 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.

Jiangsufety Group Co 3-Year Share Buyback Ratio Related Terms

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

Jiangsufety Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Safety Group Co Ltd (SHSE:603028) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

No. 151, Furong Zhongsan Road, XiShan Economic Development Zone, Jiangsu, Wuxi, CHN, 214192

Website

http://www.jf-safety.com

Jiangsu Safety Group Co Ltd develops and manufactures elevator ropes for customers with different requirements and needs. Its products include wire rope for elevators, lifting Wire rope, steel wire rope, synthetic fiber sling belt rigging, and accessories. Its products are used in elevators, construction machinery, Hong Kong Port terminal, coal mine, marine engineering, shipbuilding, ocean fishing, logistics, and warehousing.

Executives

Shen Sheng Quan	Director
Cui Zi Feng	Director
Zhao Zu Yin	senior management
Deng Wei	Director
Lin Zhu Ying	Director
Yang Yue Min	Director
Liu Hong Gang	Director
Bai Shu Qing	Director
Hu Wen Lin	Director
Wu Hai Feng	Director
Cui Zhi Qiang	Director

Jiangsufety Group Co Headlines

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