Shenzhen Sunline Tech Co (SZSE:300348) 3-Year Share Buyback Ratio : -4.10% (As of Dec. 2024)

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What is Shenzhen Sunline Tech 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. Shenzhen Sunline Tech Co's current 3-Year Share Buyback Ratio was -4.10%.

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

SZSE:300348' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -27.6 Med: -3.2 Max: 0.1
Current: -4.1

During the past 13 years, Shenzhen Sunline Tech Co's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -27.60%. And the median was -3.20%.

SZSE:300348's 3-Year Share Buyback Ratio is ranked worse than
58.22% of 2092 companies
in the Software industry
Industry Median: -2.4 vs SZSE:300348: -4.10

Competitive Comparison of Shenzhen Sunline Tech Co's 3-Year Share Buyback Ratio

For the Software - Application subindustry, Shenzhen Sunline Tech 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.

Shenzhen Sunline Tech Co's 3-Year Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Sunline Tech Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunline Tech Co's 3-Year Share Buyback Ratio falls into.

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Shenzhen Sunline Tech 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.

Shenzhen Sunline Tech Co (SZSE:300348) 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.

Shenzhen Sunline Tech Co 3-Year Share Buyback Ratio Related Terms

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

Shenzhen Sunline Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Sunline Tech Co Ltd (SZSE:300348) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Building A, Building 2, Shahe West Road, Shenzhen Bay Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.sunline.cn

Shenzhen Sunline Tech Co Ltd is a banking software and technology services company in China. Some of its products include Core Business System SunLTTS, Bank Loan Business System, Smart Deposit Business System, Cash Management Business System, Digital Core System, Digital Financial Business Platform, Business Middle Office Center, Digital Loan Business System, Data Warehouse, and others. It generates the majority of its revenue from Software development followed by System integration and Maintenance business.

Executives

Wang Zhang Chun	Director
Zheng Kang	Director
Xu Ya Li	Directors, Directors, and Executives
Wei Feng	Directors, executives
Gong Xing Hua	Supervisors
Zhou Jin Ping	Securities Affairs Representative
Shi Gan De	Supervisors
Zhao Wei Hong	Directors, executives
Li Jin Song	Directors, executives
Xu Jiang	Director
Xiao Ying Hui	Directors, executives
Qu Hong Jing	Supervisors
Huang Zu Chao	Executives

Shenzhen Sunline Tech Co Headlines

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