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Haosen Fintech Group (HKSE:03848) 5-Year Yield-on-Cost % : 0.48 (As of Jan. 19, 2025)


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What is Haosen Fintech Group 5-Year Yield-on-Cost %?

Haosen Fintech Group's yield on cost for the quarter that ended in Jun. 2024 was 0.48.


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

HKSE:03848' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37   Med: 0.49   Max: 1.65
Current: 0.48


During the past 10 years, Haosen Fintech Group's highest Yield on Cost was 1.65. The lowest was 0.37. And the median was 0.49.


HKSE:03848's 5-Year Yield-on-Cost % is ranked worse than
88.29% of 205 companies
in the Credit Services industry
Industry Median: 3.63 vs HKSE:03848: 0.48

Competitive Comparison of Haosen Fintech Group's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Haosen Fintech 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.


Haosen Fintech Group's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Haosen Fintech Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Haosen Fintech 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 Haosen Fintech Group is calculated as

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

Haosen Fintech Group  (HKSE:03848) 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.


Haosen Fintech Group 5-Year Yield-on-Cost % Related Terms

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Haosen Fintech Group Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 3402, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG
Haosen Fintech Group Ltd Formerly Wealthy Way Group Ltd is engaged in the provision of financial leasing, factoring, and financial advisory services in PRC, small loans and related loan facilitation services in PRC, investment management and advisory services, securities dealing and broking services, and other financial services in Hong Kong. Its segment includes Finance lease and factoring-related services; Microcredit and loan facilitation-related services and Securities dealing and broking and other financial services. It generates the majority of its revenue from the Microcredit and loan facilitation-related services segment. Geographically, it derives a majority of its revenue from China.
Executives
Wealthy Rise Investment Limited 2201 Interest of corporation controlled by you
Zhong Guo Jin Chu Kou Yin Hang 2106 Person having a security interest in shares
Lin Yihong 2201 Interest of corporation controlled by you
Lo Wai Ho 2201 Interest of corporation controlled by you

Haosen Fintech Group Headlines

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