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Hangzhou AGS Medtech Co (SHSE:688581) 5-Year Yield-on-Cost % : 0.96 (As of May. 27, 2024)


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What is Hangzhou AGS Medtech Co 5-Year Yield-on-Cost %?

Hangzhou AGS Medtech Co's yield on cost for the quarter that ended in Mar. 2024 was 0.96.


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

SHSE:688581' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.61   Med: 0.81   Max: 1.11
Current: 0.96


During the past 7 years, Hangzhou AGS Medtech Co's highest Yield on Cost was 1.11. The lowest was 0.61. And the median was 0.81.


SHSE:688581's 5-Year Yield-on-Cost % is ranked worse than
76.7% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs SHSE:688581: 0.96

Competitive Comparison of Hangzhou AGS Medtech Co's 5-Year Yield-on-Cost %

For the Medical Devices subindustry, Hangzhou AGS Medtech 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.


Hangzhou AGS Medtech Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hangzhou AGS Medtech Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hangzhou AGS Medtech 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 Hangzhou AGS Medtech Co is calculated as

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

Hangzhou AGS Medtech Co  (SHSE:688581) 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.


Hangzhou AGS Medtech Co 5-Year Yield-on-Cost % Related Terms

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Hangzhou AGS Medtech Co (SHSE:688581) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Kangxin Road, Building 597, Building 5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311106
Hangzhou AGS Medtech Co Ltd is engaged in Research & Development, production, and sales of endoscopic minimally invasive diagnosis and treatment devices. The company upholds the core values of create, insist, share, and providing patients and clinicians with safer and more efficient minimally invasive endoscopic devices, helping patients reduce pain and medical costs.

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