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China Tontine Wines Group (HKSE:00389) 5-Year Yield-on-Cost % : 0.00 (As of May. 22, 2024)


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What is China Tontine Wines Group 5-Year Yield-on-Cost %?

China Tontine Wines Group's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, China Tontine Wines Group's highest Yield on Cost was 9.05. The lowest was 0.00. And the median was 7.85.


HKSE:00389's 5-Year Yield-on-Cost % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 3.185
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of China Tontine Wines Group's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, China Tontine Wines Group'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 Tontine Wines Group's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Tontine Wines Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Tontine Wines Group's 5-Year Yield-on-Cost % falls into.



China Tontine Wines Group 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 Tontine Wines Group is calculated as

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

China Tontine Wines Group  (HKSE:00389) 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 Tontine Wines Group 5-Year Yield-on-Cost % Related Terms

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China Tontine Wines Group (HKSE:00389) Business Description

Traded in Other Exchanges
Address
No. 2199, Tuanjie Road, Tonghua County, Jilin Province, Tonghua, CHN
China Tontine Wines Group Ltd. is an investment holding company. The company and its subsidiaries are engaged in the production and sales of wine products. Its geographical segments consist of North-East Region, Northern Region, Eastern Region, South-Central Region, and South-West Region. The Group's product offerings include Sweet wines, Dry wines, Brandy, and Others.

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