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Prinx Chengshan Holdings (HKSE:01809) 5-Year Yield-on-Cost % : 2.76 (As of May. 05, 2024)


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What is Prinx Chengshan Holdings 5-Year Yield-on-Cost %?

Prinx Chengshan Holdings's yield on cost for the quarter that ended in Dec. 2023 was 2.76.


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

HKSE:01809' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.36   Med: 2.86   Max: 4
Current: 2.76


During the past 9 years, Prinx Chengshan Holdings's highest Yield on Cost was 4.00. The lowest was 2.36. And the median was 2.86.


HKSE:01809's 5-Year Yield-on-Cost % is ranked better than
55.68% of 801 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs HKSE:01809: 2.76

Competitive Comparison of Prinx Chengshan Holdings's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Prinx Chengshan 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.


Prinx Chengshan Holdings's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prinx Chengshan Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Prinx Chengshan Holdings's 5-Year Yield-on-Cost % falls into.



Prinx Chengshan 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 Prinx Chengshan Holdings is calculated as

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

Prinx Chengshan Holdings  (HKSE:01809) 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.


Prinx Chengshan Holdings 5-Year Yield-on-Cost % Related Terms

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Prinx Chengshan Holdings (HKSE:01809) Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand name Prinx, Chengshan, Austone, and Fortune. Geographically, it generates maximum revenue from Mainland China but also has a presence in the Americas, Asia, Africa, the Middle East, and Other countries.

Prinx Chengshan Holdings (HKSE:01809) Headlines

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