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Ningbo Water Meter (Group) Co (SHSE:603700) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )


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What is Ningbo Water Meter (Group) Co 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. Ningbo Water Meter (Group) Co's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Ningbo Water Meter (Group) Co's 6-Month Share Buyback Ratio

For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) Co'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.


Ningbo Water Meter (Group) Co's 6-Month Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Water Meter (Group) Co's 6-Month Share Buyback Ratio falls into.


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Ningbo Water Meter (Group) Co 6-Month Share Buyback Ratio Calculation

Ningbo Water Meter (Group) Co's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(203.242 - 203.242) / 203.242
=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.


Ningbo Water Meter (Group) Co  (SHSE:603700) 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.


Ningbo Water Meter (Group) Co 6-Month Share Buyback Ratio Related Terms


Ningbo Water Meter (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
Executives
Chen Xiang Supervisors
Xu Yun Director
Wang Kai Ta Director
Zhang Shi Hao Director
Wang Zong Hui Director
Zhang Lin Director
Lin Qi Supervisors
Chen Hai Hua Supervisors
Xu Da Wei senior management
Zhao Shao Man Director

Ningbo Water Meter (Group) Co Headlines

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