GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tang Palace (China) Holdings Ltd (HKSE:01181) » Definitions » 5-Year Yield-on-Cost %

Tang Palace (China) Holdings (HKSE:01181) 5-Year Yield-on-Cost % : 6.67 (As of Apr. 29, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Tang Palace (China) Holdings 5-Year Yield-on-Cost %?

Tang Palace (China) Holdings's yield on cost for the quarter that ended in Dec. 2023 was 6.67.


The historical rank and industry rank for Tang Palace (China) Holdings's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:01181' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.37   Med: 5.65   Max: 20.38
Current: 6.67


During the past 13 years, Tang Palace (China) Holdings's highest Yield on Cost was 20.38. The lowest was 2.37. And the median was 5.65.


HKSE:01181's 5-Year Yield-on-Cost % is ranked better than
89.83% of 177 companies
in the Restaurants industry
Industry Median: 1.84 vs HKSE:01181: 6.67

Competitive Comparison of Tang Palace (China) Holdings's 5-Year Yield-on-Cost %

For the Restaurants subindustry, Tang Palace (China) Holdings'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.


Tang Palace (China) Holdings's 5-Year Yield-on-Cost % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tang Palace (China) Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tang Palace (China) Holdings's 5-Year Yield-on-Cost % falls into.



Tang Palace (China) Holdings 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 Tang Palace (China) Holdings is calculated as

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

Tang Palace (China) Holdings  (HKSE:01181) 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.


Tang Palace (China) Holdings 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Tang Palace (China) Holdings's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tang Palace (China) Holdings (HKSE:01181) Business Description

Traded in Other Exchanges
Address
No. 1 Science Museum Road, Unit 3, 10th Floor, Greenfield Tower, Concordia Plaza, Kowloon, HKG
Tang Palace (China) Holdings Ltd is an investment holding company engaged in restaurant operations and food production. The primary production of the group is located in the People's Republic of China. It offers new dishes, seasonal foods, festive celebrations, basic sauce, food ingredient, and casual dining of different regional cuisines. The company has four operating segments - the Southern China region, the Eastern China region, the Northern China region, and the Western China region. Majority of its revenue is generated from the Eastern China segment. The company operates restaurants under the Soup Delice, Tang Palace, Tang's Cuisine, Tang Palace Seafood Restaurant, Canton Tea Room, Social Place, Pepper Lunch, and PappaRich, brands.

Tang Palace (China) Holdings (HKSE:01181) Headlines

No Headlines