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Chongqing Jianshe Vehicle System Co., Ltd. engages in manufacturing and sale of automotive air-conditioning compressors in China and internationally. The company offers rotary vane, swash-plate, and electric compressors. It is also involved in the design and manufacture of tooling and molds, and provision of related technical services; production and sale of motorcycle engines; research, development, and processing of mechanical and electrical products, home appliances, bicycles, and environmental protection products; import, wholesale, retail, and commission agency of various products. The company was formerly known as Chongqing Jianshe Motorcycle Co., Ltd. and changed its name to Chongqing Jianshe Vehicle System Co., Ltd. in December 2017. The company was founded in 1889 and is headquartered in Chongqing, China. Chongqing Jianshe Vehicle System Co., Ltd. is a subsidiary of China South Industries Group Corporation.

Chongqing Jianshe Vehicle System Dividend Announcement

Chongqing Jianshe Vehicle System announced a annually dividend of HK$0.06 per ordinary share which will be made payable on . Ex dividend date: 1997-08-01
Chongqing Jianshe Vehicle System's trailing twelve-month (TTM) dividend yield is -%
Chongqing Jianshe Vehicle System's payout ratio for the trailing twelve months (TTM) is -35.90%

Chongqing Jianshe Vehicle System Dividend History

Ex-Div dateDividend amountDividend typePay date
1997-08-01HK$0.06annually
1996-07-08HK$0.12annually

Chongqing Jianshe Vehicle System Dividend per year

Chongqing Jianshe Vehicle System Dividend Yield

Chongqing Jianshe Vehicle System current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chongqing Jianshe Vehicle System stock? Use our calculator to estimate your expected dividend yield:

Chongqing Jianshe Vehicle System Financial Ratios

P/E ratio-2.37
PEG ratio0.01
P/B ratio4.55
ROE-114.39%
Payout ratio-35.90%
Current ratio0.51
Quick ratio0.32
Cash Ratio0.12

Chongqing Jianshe Vehicle System Dividend FAQ

Does Chongqing Jianshe Vehicle System stock pay dividends?
Chongqing Jianshe Vehicle System does not currently pay dividends to its shareholders.
Has Chongqing Jianshe Vehicle System ever paid a dividend?
No, Chongqing Jianshe Vehicle System has no a history of paying dividends to its shareholders. Chongqing Jianshe Vehicle System is not known for its dividend payments.
Why doesn't Chongqing Jianshe Vehicle System pay dividends?
There are several potential reasons why Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System a dividend aristocrat?
Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System a dividend king?
Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System a dividend stock?
No, Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System stocks?
To buy Chongqing Jianshe Vehicle System 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 Chongqing Jianshe Vehicle System 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.