Hebei Yichen Industrial Group (FRA:HE2) 6-Month Share Buyback Ratio : 0.00% (As of Jun. 2024 )

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What is Hebei Yichen Industrial Group 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Hebei Yichen Industrial Group's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio

For the Railroads subindustry, Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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.

Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio falls into.

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Hebei Yichen Industrial Group 6-Month Share Buyback Ratio Calculation

Hebei Yichen Industrial Group's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Jun. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(897.840	-	897.840)	/	897.840
	=	0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hebei Yichen Industrial Group (FRA:HE2) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Hebei Yichen Industrial Group 6-Month Share Buyback Ratio Related Terms

Hebei Yichen Industrial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hebei Yichen Industrial Group Corp Ltd (FRA:HE2) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

01596:Hong Kong

Address

No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN

Website

https://www.hbyc.com.cn

Hebei Yichen Industrial Group Corp Ltd is one of the rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its products include the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; the Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

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