Beijing Cuiwei Tower Co (SHSE:603123) 3-Year Share Buyback Ratio : -2.20% (As of Sep. 2024)

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What is Beijing Cuiwei Tower 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. Beijing Cuiwei Tower Co's current 3-Year Share Buyback Ratio was -2.20%.

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

SHSE:603123' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -31.4 Med: -17.45 Max: -2.2
Current: -2.2

During the past 13 years, Beijing Cuiwei Tower Co's highest 3-Year Share Buyback Ratio was -2.20%. The lowest was -31.40%. And the median was -17.45%.

SHSE:603123's 3-Year Share Buyback Ratio is ranked worse than
54.98% of 251 companies
in the Credit Services industry
Industry Median: -1.4 vs SHSE:603123: -2.20

Competitive Comparison of Beijing Cuiwei Tower Co's 3-Year Share Buyback Ratio

For the Credit Services subindustry, Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co's 3-Year Share Buyback Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Beijing Cuiwei Tower Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Cuiwei Tower Co's 3-Year Share Buyback Ratio falls into.

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Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co (SHSE:603123) 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.

Beijing Cuiwei Tower Co 3-Year Share Buyback Ratio Related Terms

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

Beijing Cuiwei Tower Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Beijing Cuiwei Tower Co Ltd (SHSE:603123) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33, Fuxing Road, Haidian District, Beijing, CHN, 100036

Website

http://www.cwjt.com

Beijing Cuiwei Tower Co Ltd is engaged in the department store retail business. Its retailing products mainly include cosmetics, household appliances, and supermarket products. The company has three commercial brands, namely Cuiwei Department Store, Contemporary Mall, and Ganjiakou Department Store, and seven large department stores, integrating department stores, supermarkets, catering, leisure and entertainment, and other urban quality life services.

Beijing Cuiwei Tower Co Headlines

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