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Zuoli Kechuang Micro-finance Co (HKSE:06866) 5-Year Yield-on-Cost % : 12.79 (As of Jun. 06, 2024)


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What is Zuoli Kechuang Micro-finance Co 5-Year Yield-on-Cost %?

Zuoli Kechuang Micro-finance Co's yield on cost for the quarter that ended in Dec. 2023 was 12.79.


The historical rank and industry rank for Zuoli Kechuang Micro-finance Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:06866' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 11.94   Med: 15.84   Max: 21.07
Current: 12.79


During the past 11 years, Zuoli Kechuang Micro-finance Co's highest Yield on Cost was 21.07. The lowest was 11.94. And the median was 15.84.


HKSE:06866's 5-Year Yield-on-Cost % is ranked better than
91.75% of 206 companies
in the Credit Services industry
Industry Median: 4.535 vs HKSE:06866: 12.79

Competitive Comparison of Zuoli Kechuang Micro-finance Co's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Zuoli Kechuang Micro-finance Co'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.


Zuoli Kechuang Micro-finance Co's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zuoli Kechuang Micro-finance Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zuoli Kechuang Micro-finance Co's 5-Year Yield-on-Cost % falls into.



Zuoli Kechuang Micro-finance Co 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 Zuoli Kechuang Micro-finance Co is calculated as

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

Zuoli Kechuang Micro-finance Co  (HKSE:06866) 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.


Zuoli Kechuang Micro-finance Co 5-Year Yield-on-Cost % Related Terms

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Zuoli Kechuang Micro-finance Co (HKSE:06866) Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Deqing Avenue, Wukang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Zuoli Kechuang Micro-finance Co Ltd is engaged in providing unsecured loans, guaranteed loans, collateralized loans, pledged loans, agriculture loans, individual business loans, other individual loans and loans for agricultural businesses, customers engaged in rural development activities, and/or customers residing in rural areas, SMEs and microenterprises in various industries, as well as online retailers in the businesses of lifestyle products, agricultural products, cultural supplies, and industrial products. The company generates revenue in the form of interest.
Executives
Gawsun (hk) International Trading Co., Limited 2101 Beneficial owner

Zuoli Kechuang Micro-finance Co (HKSE:06866) Headlines

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