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Zhejiang Shengyang Science and Technology Co (SHSE:603703) 3-Year Share Buyback Ratio : 0.20% (As of Mar. 2025)


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What is Zhejiang Shengyang Science and Technology 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. Zhejiang Shengyang Science and Technology Co's current 3-Year Share Buyback Ratio was 0.20%.

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

SHSE:603703' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10.1   Med: -9.1   Max: 0.2
Current: 0.2

During the past 13 years, Zhejiang Shengyang Science and Technology Co's highest 3-Year Share Buyback Ratio was 0.20%. The lowest was -10.10%. And the median was -9.10%.

SHSE:603703's 3-Year Share Buyback Ratio is ranked better than
81.4% of 1618 companies
in the Hardware industry
Industry Median: -1.8 vs SHSE:603703: 0.20

Competitive Comparison of Zhejiang Shengyang Science and Technology Co's 3-Year Share Buyback Ratio

For the Communication Equipment subindustry, Zhejiang Shengyang Science and Technology 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.


Zhejiang Shengyang Science and Technology Co's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Shengyang Science and Technology Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Shengyang Science and Technology Co's 3-Year Share Buyback Ratio falls into.


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Zhejiang Shengyang Science and Technology 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.


Zhejiang Shengyang Science and Technology Co (SHSE:603703) 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.


Zhejiang Shengyang Science and Technology Co 3-Year Share Buyback Ratio Related Terms

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


Zhejiang Shengyang Science and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1416-1417, Renmin East Road, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
Zhejiang Shengyang Science and Technology Co Ltd is manufacturer of communication equipment across the wired and wireless sectors. Its engaged Research and Development, production and sales of sets of products belong to the RF cables and related equipment. Its products include 75 ohm coaxial cable, data cable and high frequency which mainly used in standard signal transmission systems such as television (cable TV, satellite TV), fixed network.
Executives
Zhang Yi Peng senior management
Lu Ya Ping Supervisors
Xu Feng Juan Director
Wu Qiu Ting Director
Ye Jian Zhong Director
Gao Guo Hong senior management
Ye Li Ming Director

Zhejiang Shengyang Science and Technology Co Headlines

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