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Yinchuan Weili Transmission Technology Co (SZSE:300904) 5-Year Yield-on-Cost % : 2.48 (As of Jun. 06, 2024)


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What is Yinchuan Weili Transmission Technology Co 5-Year Yield-on-Cost %?

Yinchuan Weili Transmission Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 2.48.


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

SZSE:300904' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.52   Med: 0.81   Max: 2.49
Current: 2.48


During the past 6 years, Yinchuan Weili Transmission Technology Co's highest Yield on Cost was 2.49. The lowest was 0.52. And the median was 0.81.


SZSE:300904's 5-Year Yield-on-Cost % is ranked better than
53.87% of 1888 companies
in the Industrial Products industry
Industry Median: 2.1 vs SZSE:300904: 2.48

Competitive Comparison of Yinchuan Weili Transmission Technology Co's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Yinchuan Weili Transmission 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.


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

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

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



Yinchuan Weili Transmission 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 Yinchuan Weili Transmission Technology Co is calculated as

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

Yinchuan Weili Transmission Technology Co  (SZSE:300904) 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.


Yinchuan Weili Transmission Technology Co 5-Year Yield-on-Cost % Related Terms

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Yinchuan Weili Transmission Technology Co (SZSE:300904) Business Description

Traded in Other Exchanges
N/A
Address
No. 600, Wencui South Street, Xixia, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750000
Yinchuan Weili Transmission Technology Co Ltd is engaged in research and development, production and sales of special reducers for wind power. The main products include wind power yaw reducer and wind power pitch reducer. It is committed to providing new energy industry Precision Transmission Solutions.

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