Chen Ke Ming Food Manufacturing Co (SZSE:002661) 3-Year Share Buyback Ratio : -0.70% (As of Dec. 2024)

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What is Chen Ke Ming Food Manufacturing 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. Chen Ke Ming Food Manufacturing Co's current 3-Year Share Buyback Ratio was -0.70%.

The historical rank and industry rank for Chen Ke Ming Food Manufacturing Co's 3-Year Share Buyback Ratio or its related term are showing as below:

SZSE:002661' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -11.5 Med: -1.05 Max: 0.8
Current: -0.7

During the past 13 years, Chen Ke Ming Food Manufacturing Co's highest 3-Year Share Buyback Ratio was 0.80%. The lowest was -11.50%. And the median was -1.05%.

SZSE:002661's 3-Year Share Buyback Ratio is ranked better than
54.7% of 936 companies
in the Consumer Packaged Goods industry
Industry Median: -1.35 vs SZSE:002661: -0.70

Competitive Comparison of Chen Ke Ming Food Manufacturing Co's 3-Year Share Buyback Ratio

For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co's 3-Year Share Buyback Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's 3-Year Share Buyback Ratio falls into.

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Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co (SZSE:002661) 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.

Chen Ke Ming Food Manufacturing Co 3-Year Share Buyback Ratio Related Terms

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

Chen Ke Ming Food Manufacturing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chen Ke Ming Food Manufacturing Co Ltd (SZSE:002661) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116

Website

https://www.kemen.cn

Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.

Executives

Chen Hong	Directors, executives
Chen Yan	Secretary, Director
Yang Bo	Executives
Zhang Bo Dong	Executives
Zhang Xiao	Executives
Li Rui	Executives
Duan Ju Xiang	Director
Zhang Jun Hui	Executives
Chen Ke Zhong	Director
Yang Li Juan	Supervisors
Zhang Mu Lin	Independent director
Li Qing Long	Independent director
Chen Ke Ming	Director
Chen Hui	Director
Wang Yong	Secretary, Director

Chen Ke Ming Food Manufacturing Co Headlines

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