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HongDa Payout ratio

What is the Payout ratio of HongDa?

The Payout ratio of HongDa Financial Holding Limited is 0.00%

What is the definition of Payout ratio?



Payout ratio is the fraction of earnings paid in dividends to stockholders.

ttm (trailing twelve months)

The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.

Payout ratio of companies in the Technology sector on HKSE compared to HongDa

What does HongDa do?

China Wood International Holding Co., Limited, an investment holding company, primarily engages in the trading of electronic components/materials in the People's Republic of China and Hong Kong. The company operates through four segments: Car Rental, Materials and Other Goods Trading, Financing Services and Investments, and Others. It is also involved in the car rental; money lending and property investment activities; and fund administration and public relation services. The company was formerly known as HongDa Financial Holding Limited and changed its name to China Wood International Holding Co., Limited in September 2020. The company was founded in 2009 and is based in Central, Hong Kong. China Wood International Holding Co., Limited is a subsidiary of Sino Merchant Car Rental Limited.

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