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SORL Auto Parts (SORL Auto Parts) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


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What is SORL Auto Parts 5-Year Yield-on-Cost %?

SORL Auto Parts's yield on cost for the quarter that ended in Sep. 2019 was 0.00.


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



SORL's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.39
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of SORL Auto Parts's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, SORL Auto Parts'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.


SORL Auto Parts's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where SORL Auto Parts's 5-Year Yield-on-Cost % falls into.



SORL Auto Parts 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 SORL Auto Parts is calculated as

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

SORL Auto Parts  (NAS:SORL) 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.


SORL Auto Parts 5-Year Yield-on-Cost % Related Terms

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SORL Auto Parts (SORL Auto Parts) Business Description

Traded in Other Exchanges
N/A
Address
NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
Executives
Kevin R Keating director, officer: President 190 LAKEVIEW WAY, VERO BEACH FL 32963

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