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China Suntien Green Energy (FRA:9C6) 5-Year Yield-on-Cost % : 10.99 (As of Jun. 21, 2024)


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What is China Suntien Green Energy 5-Year Yield-on-Cost %?

China Suntien Green Energy's yield on cost for the quarter that ended in Mar. 2024 was 10.99.


The historical rank and industry rank for China Suntien Green Energy's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:9C6' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.98   Med: 11.72   Max: 14.79
Current: 10.99


During the past 13 years, China Suntien Green Energy's highest Yield on Cost was 14.79. The lowest was 8.98. And the median was 11.72.


FRA:9C6's 5-Year Yield-on-Cost % is ranked better than
85.58% of 437 companies
in the Utilities - Regulated industry
Industry Median: 4.67 vs FRA:9C6: 10.99

Competitive Comparison of China Suntien Green Energy's 5-Year Yield-on-Cost %

For the Utilities - Diversified subindustry, China Suntien Green Energy'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.


China Suntien Green Energy's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Suntien Green Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Suntien Green Energy's 5-Year Yield-on-Cost % falls into.



China Suntien Green Energy 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 China Suntien Green Energy is calculated as

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

China Suntien Green Energy  (FRA:9C6) 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.


China Suntien Green Energy 5-Year Yield-on-Cost % Related Terms

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China Suntien Green Energy (FRA:9C6) Business Description

Traded in Other Exchanges
Address
No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Hebei Province, Shijiazhuang, CHN, 050001
China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2022, the firm's natural gas transmission volume was 4,501 million cubic meters, while sales volume of electricity was 13.87 billion kilowatt-hours. As of end-2022, the firm had consolidated renewable energy (wind and solar) installed capacity of 5.94 gigawatts.

China Suntien Green Energy (FRA:9C6) Headlines

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