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Goldcard Smart Group Co (SZSE:300349) 5-Year Yield-on-Cost % : 0.35 (As of Apr. 28, 2024)


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What is Goldcard Smart Group Co 5-Year Yield-on-Cost %?

Goldcard Smart Group Co's yield on cost for the quarter that ended in Mar. 2024 was 0.35.


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

SZSE:300349' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 0.29   Max: 2.36
Current: 0.35


During the past 13 years, Goldcard Smart Group Co's highest Yield on Cost was 2.36. The lowest was 0.05. And the median was 0.29.


SZSE:300349's 5-Year Yield-on-Cost % is ranked worse than
93.36% of 1355 companies
in the Hardware industry
Industry Median: 2.83 vs SZSE:300349: 0.35

Competitive Comparison of Goldcard Smart Group Co's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Goldcard Smart 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.


Goldcard Smart Group Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Goldcard Smart Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Goldcard Smart 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 Goldcard Smart Group Co is calculated as

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

Goldcard Smart Group Co  (SZSE:300349) 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.


Goldcard Smart Group Co 5-Year Yield-on-Cost % Related Terms

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Goldcard Smart Group Co (SZSE:300349) Business Description

Traded in Other Exchanges
N/A
Address
No.158, Jinqiao Street, Hangzhou Economic & Technological Development Area, Zhejiang Province, Hangzhou, CHN, 310018
Goldcard Smart Group Co Ltd is engaged in the research and development, production and sales of intelligent gas meter and gas measurement management system. The company distributes its products in domestic markets.

Goldcard Smart Group Co (SZSE:300349) Headlines

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