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Jiangxi Haiyuan Composites Technology Co.,Ltd. engages in the research, development, manufacture, and sale of intelligent mechanical equipment in China and internationally. It provides wall material forming equipment, such as automatic hydraulic press and production line; refractory material forming equipment, including automatic hydraulic press and automatic inspection line for finished products; composite material forming equipment comprising automatic hydraulic press and production line; building ceramic automatic hydraulic press; and composite car body and parts. The company was formerly known as Fujian Haiyuan Composites Technology Co.,Ltd. and changed its name to Jiangxi Haiyuan Composites Technology Co.,Ltd. in November 2021. The company was founded in 1988 and is headquartered in Minhou, China.

Jiangxi Haiyuan Composites Technology Dividend Announcement

Jiangxi Haiyuan Composites Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2014-06-13
Jiangxi Haiyuan Composites Technology's trailing twelve-month (TTM) dividend yield is -%
Jiangxi Haiyuan Composites Technology's payout ratio for the trailing twelve months (TTM) is -4.62%

Jiangxi Haiyuan Composites Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-13¥0.03annually
2013-06-21¥0.03annually
2012-06-04¥0.15annually
2011-05-05¥0.25annually

Jiangxi Haiyuan Composites Technology Dividend per year

Jiangxi Haiyuan Composites Technology Dividend growth

Jiangxi Haiyuan Composites Technology Dividend Yield

Jiangxi Haiyuan Composites Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangxi Haiyuan Composites Technology stock? Use our calculator to estimate your expected dividend yield:

Jiangxi Haiyuan Composites Technology Financial Ratios

P/E ratio-17.28
PEG ratio-0.31
P/B ratio5.34
ROE-29.99%
Payout ratio-4.62%
Current ratio0.54
Quick ratio0.28
Cash Ratio0.07

Jiangxi Haiyuan Composites Technology Dividend FAQ

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