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TravelSky Technology (HKSE:00696) 5-Year Yield-on-Cost % : 0.06 (As of May. 08, 2024)


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What is TravelSky Technology 5-Year Yield-on-Cost %?

TravelSky Technology's yield on cost for the quarter that ended in Dec. 2023 was 0.06.


The historical rank and industry rank for TravelSky Technology's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:00696' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.32
Current: 0.06


During the past 13 years, TravelSky Technology's highest Yield on Cost was 0.32. The lowest was 0.01. And the median was 0.15.


HKSE:00696's 5-Year Yield-on-Cost % is ranked worse than
98.08% of 936 companies
in the Software industry
Industry Median: 2.205 vs HKSE:00696: 0.06

Competitive Comparison of TravelSky Technology's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, TravelSky Technology's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TravelSky Technology's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, TravelSky Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where TravelSky Technology's 5-Year Yield-on-Cost % falls into.



TravelSky Technology 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of TravelSky Technology is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

TravelSky Technology  (HKSE:00696) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


TravelSky Technology 5-Year Yield-on-Cost % Related Terms

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TravelSky Technology (HKSE:00696) Business Description

Traded in Other Exchanges
Address
7 Yu Min Da Street, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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