Table of Contents

company-logo

Zhixin Group Holding Limited, an investment holding company, manufactures and supplies concrete-based building materials in the People's Republic of China. Its products include ready-mixed concrete and precast concrete components. The company also provides solid waste processing and sales of eco-friendly construction materials. In addition, it offers logistics services, recycles iron ore tailings, and manufactures bricks. The company serves construction companies for various building and construction projects, including infrastructure, residential, commercial, industrial, and municipal. Zhixin Group Holding Limited was incorporated in 2018 and is headquartered in Xiamen, China.

Zhixin Dividend Announcement

• Zhixin does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Zhixin dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Zhixin Dividend History

Zhixin Dividend Yield

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

Zhixin Financial Ratios

P/E ratio72.03
PEG ratio4.76
P/B ratio0.76
ROE1.05%
Payout ratio0.00%
Current ratio1.03
Quick ratio0.98
Cash Ratio0.04

Zhixin Dividend FAQ

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