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Shenzhen Lihexing Co., Ltd. engages in the development, production, and sale of automation and intelligent equipment for information and communication technology industry in China. The company offers stud welding machines, OLED flexible screen laminating machines, LCD panel automatic exposure equipment, soft pack battery testing equipment, automatic plastic packaging equipment, 5G dielectric filter test and adjustment equipment, and non-standard customized equipment, as well as operates a product transfer platform. Its products are used in the detection and manufacturing of mobile smart terminals and network infrastructure devices. The company was founded in 2006 and is based in Shenzhen, China.

Shenzhen Lihexing Dividend Announcement

• Shenzhen Lihexing announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2022-06-09. Ex dividend date: 2022-06-09
• Shenzhen Lihexing's trailing twelve-month (TTM) dividend yield is -%
• Shenzhen Lihexing's payout ratio for the trailing twelve months (TTM) is -49.73%

Shenzhen Lihexing Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-06-09¥0.10annually2022-06-09

Shenzhen Lihexing Dividend per year

Shenzhen Lihexing Dividend Yield

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

Shenzhen Lihexing Financial Ratios

P/E ratio-131.78
PEG ratio-0.37
P/B ratio3.91
ROE-2.99%
Payout ratio-49.73%
Current ratio1.67
Quick ratio1.11
Cash Ratio0.13

Shenzhen Lihexing Dividend FAQ

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