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China New Higher Education Group (HKSE:02001) 5-Year Yield-on-Cost % : 6.69 (As of Jun. 24, 2024)


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What is China New Higher Education Group 5-Year Yield-on-Cost %?

China New Higher Education Group's yield on cost for the quarter that ended in Feb. 2024 was 6.69.


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

HKSE:02001' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 2.14   Max: 12.06
Current: 6.69


During the past 10 years, China New Higher Education Group's highest Yield on Cost was 12.06. The lowest was 0.31. And the median was 2.14.


HKSE:02001's 5-Year Yield-on-Cost % is ranked better than
79.13% of 115 companies
in the Education industry
Industry Median: 3.49 vs HKSE:02001: 6.69

Competitive Comparison of China New Higher Education Group's 5-Year Yield-on-Cost %

For the Education & Training Services subindustry, China New Higher Education 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 New Higher Education Group's 5-Year Yield-on-Cost % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



China New Higher Education 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 New Higher Education Group is calculated as

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

China New Higher Education Group  (HKSE:02001) 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 New Higher Education Group 5-Year Yield-on-Cost % Related Terms

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China New Higher Education Group (HKSE:02001) Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Li Xiaoxuan 2101 Beneficial owner
Aspire Education Management Co., Ltd. 2101 Beneficial owner
Tx Capital (hk) Limited 2102 Investment manager
Greenwoods Asset Management Hong Kong Limited 2102 Investment manager
Invest Partner Group Limited 2201 Interest of corporation controlled by you
Jiang Jinzhi 2201 Interest of corporation controlled by you
Aspire Education Technology Co., Ltd. 2101 Beneficial owner

China New Higher Education Group (HKSE:02001) Headlines

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