Table of Contents

company-logo

China First Heavy Industries manufactures and sells heavy duty equipment in the People's Republic of China and internationally. It offers nuclear power equipment; petrochemical equipment, such as coal liquefaction reactors, hydrogenation reactors, PTA and EO reactors, oversized heat exchangers, coal gasifiers, etc.; metallurgical equipment, including casting machines, converters and electric furnaces, tandem cold rolling mills, hot strip rolling mills, sectional beam rolling mills, long product rolling mills, shearing lines, plate levelers, slab sizing presses, and coilers; forging equipment comprising mechanical, hot die forging, stretcher leveler, and hydraulic forging presses; and engineering equipment, such as mining excavators, shield tunneling machines, and plate bending machines. The company serves steel, non-ferrous, electric power, energy, automobile, mining, petroleum, chemical, transportation, and military industries. China First Heavy Industries was formerly known as First Heavy Machinery Works. The company was founded in 1954 and is headquartered in Qiqihar, the People's Republic of China.

China First Heavy Industries Dividend Announcement

• China First Heavy Industries announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2015-07-21
• China First Heavy Industries's trailing twelve-month (TTM) dividend yield is -%
• China First Heavy Industries's payout ratio for the trailing twelve months (TTM) is -17.29%

China First Heavy Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-07-21¥0.00annually
2014-07-08¥0.00annually
2013-07-02¥0.00annually
2012-06-26¥0.01annually
2011-06-20¥0.02annually

China First Heavy Industries Dividend per year

China First Heavy Industries Dividend growth

China First Heavy Industries Dividend Yield

China First Heavy Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China First Heavy Industries stock? Use our calculator to estimate your expected dividend yield:

China First Heavy Industries Financial Ratios

P/E ratio-7.46
PEG ratio-0.13
P/B ratio2.48
ROE-33.25%
Payout ratio-17.29%
Current ratio1.18
Quick ratio0.82
Cash Ratio0.12

China First Heavy Industries Dividend FAQ

Does China First Heavy Industries stock pay dividends?
China First Heavy Industries does not currently pay dividends to its shareholders.
Has China First Heavy Industries ever paid a dividend?
No, China First Heavy Industries has no a history of paying dividends to its shareholders. China First Heavy Industries is not known for its dividend payments.
Why doesn't China First Heavy Industries pay dividends?
There are several potential reasons why China First Heavy Industries would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will China First Heavy Industries ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While China First Heavy Industries has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is China First Heavy Industries a dividend aristocrat?
China First Heavy Industries is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China First Heavy Industries a dividend king?
China First Heavy Industries is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China First Heavy Industries a dividend stock?
No, China First Heavy Industries is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy China First Heavy Industries stocks?
To buy China First Heavy Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy China First Heavy Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.