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Funshine Culture Group Co (SZSE:300860) 5-Year Yield-on-Cost % : 2.82 (As of Jun. 10, 2024)


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What is Funshine Culture Group Co 5-Year Yield-on-Cost %?

Funshine Culture Group Co's yield on cost for the quarter that ended in Mar. 2024 was 2.82.


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

SZSE:300860' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.11   Med: 0.58   Max: 2.82
Current: 2.82


During the past 11 years, Funshine Culture Group Co's highest Yield on Cost was 2.82. The lowest was 0.11. And the median was 0.58.


SZSE:300860's 5-Year Yield-on-Cost % is ranked worse than
53.21% of 389 companies
in the Media - Diversified industry
Industry Median: 3.16 vs SZSE:300860: 2.82

Competitive Comparison of Funshine Culture Group Co's 5-Year Yield-on-Cost %

For the Entertainment subindustry, Funshine Culture Group 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.


Funshine Culture Group Co's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Funshine Culture Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Funshine Culture Group 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 Funshine Culture Group Co is calculated as

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

Funshine Culture Group Co  (SZSE:300860) 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.


Funshine Culture Group Co 5-Year Yield-on-Cost % Related Terms

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Funshine Culture Group Co (SZSE:300860) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Qinglong Hutong, Room 1606, 16th Floor, Dongcheng District, Beijing, CHN, 100007
Funshine Culture Group Co Ltd is engaged in different types of business in various art events and cultural activities both domestically and internationally, including planning, art creation and design, stage arts design, urban landscape construction and the lighting and audio project designing theatre and art venues. The company operates in four segments namely events and stage lighting; landscape lighting and interpretation; multimedia creative production; live performance and cultural tourism synthesis services.

Funshine Culture Group Co (SZSE:300860) Headlines

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