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Shanghai Hile Bio-Technology Co (SHSE:603718) 3-Year Share Buyback Ratio : -0.70% (As of Mar. 2025)


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What is Shanghai Hile Bio-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. Shanghai Hile Bio-Technology Co's current 3-Year Share Buyback Ratio was -0.70%.

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

SHSE:603718' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10.1   Med: -10.1   Max: -0.7
Current: -0.7

During the past 13 years, Shanghai Hile Bio-Technology Co's highest 3-Year Share Buyback Ratio was -0.70%. The lowest was -10.10%. And the median was -10.10%.

SHSE:603718's 3-Year Share Buyback Ratio is ranked better than
87.1% of 1287 companies
in the Biotechnology industry
Industry Median: -10.3 vs SHSE:603718: -0.70

Competitive Comparison of Shanghai Hile Bio-Technology Co's 3-Year Share Buyback Ratio

For the Biotechnology subindustry, Shanghai Hile Bio-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.


Shanghai Hile Bio-Technology Co's 3-Year Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Hile Bio-Technology Co's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Shanghai Hile Bio-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.


Shanghai Hile Bio-Technology Co (SHSE:603718) 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 Hile Bio-Technology Co 3-Year Share Buyback Ratio Related Terms

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Shanghai Hile Bio-Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shanghai Jinhai Road 6720, Shanghai, CHN, 201403
Shanghai Hile Bio-Technology Co Ltd is a veterinary biological product manufacturer integrating research and development, production, sales, and service. The company has over 40 categories of poultry, livestock, and pets. The company provides services for the prevention of livestock diseases, improving the health of livestock and poultry, and improving the production efficiency of farmers, and is able to provide comprehensive solutions and an authoritative veterinary expert service system.
Executives
Zhang Lu Director
Liu Han Ping Directors, senior managers
Zhou Yu Sheng Supervisors
Zhang Hai Ming Director
Sun Guo Bao Supervisors
Zhang Yue Director
Su Bin Director
Wu Ling Yue senior management

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