GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sinkang Industries Co Ltd (TPE:2032) » Definitions » 5-Year Yield-on-Cost %

Sinkang Industries Co (TPE:2032) 5-Year Yield-on-Cost % : 5.20 (As of May. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sinkang Industries Co 5-Year Yield-on-Cost %?

Sinkang Industries Co's yield on cost for the quarter that ended in Mar. 2024 was 5.20.


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

TPE:2032' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.77   Med: 9.01   Max: 54.35
Current: 5.2


During the past 13 years, Sinkang Industries Co's highest Yield on Cost was 54.35. The lowest was 3.77. And the median was 9.01.


TPE:2032's 5-Year Yield-on-Cost % is ranked better than
63.1% of 355 companies
in the Steel industry
Industry Median: 3.46 vs TPE:2032: 5.20

Competitive Comparison of Sinkang Industries Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Sinkang Industries 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.


Sinkang Industries Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sinkang Industries Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sinkang Industries 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 Sinkang Industries Co is calculated as

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

Sinkang Industries Co  (TPE:2032) 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.


Sinkang Industries Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Sinkang Industries Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinkang Industries Co (TPE:2032) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Da'an Road, Xinzhuang, New Taipei, TWN, 242
Sinkang Industries Co Ltd is engaged in the manufacturing, processing, and sale of stainless steel. The firm also involves in Metal wire products manufacturing, Surface treatments and Mechanical equipment manufacturing.

Sinkang Industries Co (TPE:2032) Headlines

No Headlines