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Sinoma International Engineering Co (SHSE:600970) 5-Year Yield-on-Cost % : 3.21 (As of May. 13, 2024)


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What is Sinoma International Engineering Co 5-Year Yield-on-Cost %?

Sinoma International Engineering Co's yield on cost for the quarter that ended in Mar. 2024 was 3.21.


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

SHSE:600970' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.16   Med: 3.22   Max: 7.37
Current: 3.21


During the past 13 years, Sinoma International Engineering Co's highest Yield on Cost was 7.37. The lowest was 0.16. And the median was 3.22.


SHSE:600970's 5-Year Yield-on-Cost % is ranked worse than
50.36% of 961 companies
in the Construction industry
Industry Median: 3.22 vs SHSE:600970: 3.21

Competitive Comparison of Sinoma International Engineering Co's 5-Year Yield-on-Cost %

For the Engineering & Construction subindustry, Sinoma International Engineering 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.


Sinoma International Engineering Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sinoma International Engineering Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sinoma International Engineering Co's 5-Year Yield-on-Cost % falls into.



Sinoma International Engineering 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 Sinoma International Engineering Co is calculated as

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

Sinoma International Engineering Co  (SHSE:600970) 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.


Sinoma International Engineering Co 5-Year Yield-on-Cost % Related Terms

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Sinoma International Engineering Co (SHSE:600970) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Wangjing North Road, Chaoyang District, Beijing, CHN, 100102
Sinoma International Engineering Co Ltd is a supplier of complete industry chain for cement engineering, offers full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.

Sinoma International Engineering Co (SHSE:600970) Headlines

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