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Lisheng Sports (hanghai) Co., Ltd. operates as an automobile sports and racing culture company. It operates racing field and racing training center, as well as offers public relation services in car brand promotion. The company was formerly known as Shanghai Lisheng Racing Co.,Ltd. and changed its name to Lisheng Sports (hanghai) Co., Ltd. in June 2022. Lisheng Sports (hanghai) Co., Ltd. was founded in 2002 and is based in Shanghai, China.

Lisheng Sports Dividend Announcement

Lisheng Sports announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2019-06-05. Ex dividend date: 2019-06-05
Lisheng Sports's trailing twelve-month (TTM) dividend yield is -%
Lisheng Sports's payout ratio for the trailing twelve months (TTM) is -19.46%

Lisheng Sports Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-06-05¥0.03annually2019-06-05
2018-05-10¥0.20annually2018-05-10

Lisheng Sports Dividend per year

Lisheng Sports Dividend Yield

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

Lisheng Sports Financial Ratios

P/E ratio-9.80
PEG ratio-1.13
P/B ratio3.24
ROE-30.80%
Payout ratio-19.46%
Current ratio1.36
Quick ratio1.20
Cash Ratio0.63

Lisheng Sports Dividend FAQ

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