CIMC-TianDa Payout ratio
What is the Payout ratio of CIMC-TianDa?
The Payout ratio of CIMC-TianDa Holdings Company 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 Industrials sector on HKSE compared to CIMC-TianDa
What does CIMC-TianDa do?
CIMC-TianDa Holdings Company Limited, an investment holding company, manufactures and sells airport equipment in the People's Republic of China, rest of Asia, North America, Europe, the Middle East, Africa, South America, and Oceania. It operates through four segments: Passengers Boarding Bridge and Automated Parking System, Ground Support Equipment, Logistics System Business, Fire Engines and Fire Prevention and Fighting Equipment. It manufactures and sells passenger boarding bridges for connecting airport terminals to commercial aircraft, as well as automated vehicle parking systems, such as vertical lifting parking systems, aisle stacking parking systems, vertical and horizontal carriage parking systems, and lift-only parking systems; and manufactures and repairs airport group support equipment comprising airport apron buses, aircraft catering vehicles, cargo loaders, and other specialised vehicles. The company also offers engineering and computer software solutions for baggage, cargos, and materials handling and warehousing systems; and produces and sells fire engines, and fire prevention and fighting equipment. In addition, it offers maintenance and other specialised business services for airport and harbour equipment, as well as infrastructural engineering and maintenance services; sells and distributes passenger boarding bridge and ground support equipment, modern logistics automation system, and high speed sorting systems; supplies and maintains airport logistics systems and equipment; provides sale and technical services of automatic parking system and equipment, mechanical products, metal structural parts, self-produced products, and agent products; and develops and sale of air conditioning equipment. The company is headquartered in Wan Chai, Hong Kong. CIMC-TianDa Holdings Company Limited is a subsidiary of China International Marine Containers (Hong Kong) Limited.
Companies with payout ratio similar to CIMC-TianDa
- Art has Payout ratio of -0.30%
- Invesco Asia Trust Plc has Payout ratio of -0.22%
- Jindal Drilling & Industries has Payout ratio of -0.20%
- Tern Properties has Payout ratio of -0.16%
- Henderson Smaller Cos. Investment Trust Plc has Payout ratio of -0.10%
- Pacific Horizon Investment Trust Plc has Payout ratio of -0.05%
- CIMC-TianDa has Payout ratio of 0.00%
- The Monks Investment Trust Plc has Payout ratio of 0.01%
- Crestwood Equity Partners LP has Payout ratio of 0.01%
- AVI Global Trust plc has Payout ratio of 0.02%
- Artemis Alpha Trust plc has Payout ratio of 0.03%
- Rights & Issues Investment Trust Plc has Payout ratio of 0.04%
- Strategic Equity Capital Plc has Payout ratio of 0.04%