Shanghai Carthane Co (SHSE:603037) 3-Year Share Buyback Ratio : -0.20% (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Shanghai Carthane 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. Shanghai Carthane Co's current 3-Year Share Buyback Ratio was -0.20%.

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

SHSE:603037' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10.7 Med: -0.2 Max: 0.3
Current: -0.2

During the past 13 years, Shanghai Carthane Co's highest 3-Year Share Buyback Ratio was 0.30%. The lowest was -10.70%. And the median was -0.20%.

SHSE:603037's 3-Year Share Buyback Ratio is ranked better than
63.56% of 752 companies
in the Vehicles & Parts industry
Industry Median: -1.1 vs SHSE:603037: -0.20

Competitive Comparison of Shanghai Carthane Co's 3-Year Share Buyback Ratio

For the Auto Parts subindustry, Shanghai Carthane 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.

Shanghai Carthane Co's 3-Year Share Buyback Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Carthane Co's 3-Year Share Buyback Ratio distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Shanghai Carthane 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.

Shanghai Carthane Co (SHSE:603037) 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.

Shanghai Carthane Co 3-Year Share Buyback Ratio Related Terms

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

Shanghai Carthane Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Carthane Co Ltd (SHSE:603037) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

No. 813, Jianye Road, Pudong New Area, Shanghai, CHN, 201201

Website

http://www.carthane.com

Shanghai Carthane Co Ltd designs, produces and sells car parts, accessories, polyurethane elastomer and other polyurethane products. It engages in the sales of suspension damping internal components, pedal assemblies and plastic core-rubber-tires. Suspension damping internal components include buffers, spring cushion s, damping support blocks, and dust covers. Pedal assemblies mainly include plastic pedal assemblies. Plastic core-rubber-tires include automobile assembly lines and polyurethane tires applied in electric fork-lift trucks.

Executives

Yang Ying Tao	Director
Yang Jian Gang	Director
Hou Zhen Kun	senior management
Li Ji Cheng	senior management
Zhang Zhong Qiu	senior management
Jia Jie	senior management
Li Jian Xing	Supervisors
Hou Rui Hong	Director
Wei Yong Ji	Director
Huang Hai	senior management
Zhuang Ying Wu	senior management
Ning Wu	senior management
Gao Li	senior management
Liu Ren Shan	Director

Shanghai Carthane Co Headlines

No Headlines