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Chongqing Wanli New Energy Co., Ltd. engages in the design, manufacture, and sale of lead-acid batteries in China. It offers power, maintenance free, and low maintenance batteries for use in transportation, energy, post and telecommunication, electric power system, national defense, scientific research, and other fields. The company was formerly known as Wanli Group Co., Ltd. and changed its name to Chongqing Wanli New Energy Co., Ltd. in January 2013. Chongqing Wanli New Energy Co., Ltd. was founded in 1943 and is based in Chongqing, China.

Chongqing Wanli New Energy Dividend Announcement

Chongqing Wanli New Energy announced a annually dividend of ¥0.25 per ordinary share which will be made payable on . Ex dividend date: 1996-05-23
Chongqing Wanli New Energy's trailing twelve-month (TTM) dividend yield is -%

Chongqing Wanli New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
1996-05-23¥0.25annually

Chongqing Wanli New Energy Dividend per year

Chongqing Wanli New Energy Dividend Yield

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

Chongqing Wanli New Energy Financial Ratios

P/E ratio-41.41
PEG ratio0.14
P/B ratio2.38
ROE-5.64%
Payout ratio0.00%
Current ratio10.84
Quick ratio8.09
Cash Ratio1.13

Chongqing Wanli New Energy Dividend FAQ

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