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Flying Technology Co (SHSE:603488) 5-Year Yield-on-Cost % : 3.92 (As of Jun. 06, 2024)


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What is Flying Technology Co 5-Year Yield-on-Cost %?

Flying Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 3.92.


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

SHSE:603488' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.34   Med: 3.6   Max: 8.99
Current: 3.92


During the past 12 years, Flying Technology Co's highest Yield on Cost was 8.99. The lowest was 2.34. And the median was 3.60.


SHSE:603488's 5-Year Yield-on-Cost % is ranked better than
72.41% of 1885 companies
in the Industrial Products industry
Industry Median: 2.07 vs SHSE:603488: 3.92

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

For the Specialty Industrial Machinery subindustry, Flying Technology 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.


Flying Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flying Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Flying Technology 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 Flying Technology Co is calculated as

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

Flying Technology Co  (SHSE:603488) 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.


Flying Technology Co 5-Year Yield-on-Cost % Related Terms

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Flying Technology Co (SHSE:603488) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Feihong Road, Liangxi District, Jiangsu Province, Wuxi, CHN, 214024
Flying Technology Co Ltd is a Chinese electrical machinery and equipment manufacturing company.
Executives
Hu Yan Director
Jin Pei Rong Director
Chang Cheng Jian Director
Yang Yi Nong Directors, senior managers
Guan Dong Tao senior management

Flying Technology Co (SHSE:603488) Headlines

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