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Megain Holding (Cayman) Co (HKSE:06939) 5-Year Yield-on-Cost % : 3.33 (As of Jun. 23, 2024)


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What is Megain Holding (Cayman) Co 5-Year Yield-on-Cost %?

Megain Holding (Cayman) Co's yield on cost for the quarter that ended in Dec. 2023 was 3.33.


The historical rank and industry rank for Megain Holding (Cayman) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:06939' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.07   Med: 2.95   Max: 8.13
Current: 3.33


During the past 7 years, Megain Holding (Cayman) Co's highest Yield on Cost was 8.13. The lowest was 1.07. And the median was 2.95.


HKSE:06939's 5-Year Yield-on-Cost % is ranked better than
59.15% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs HKSE:06939: 3.33

Competitive Comparison of Megain Holding (Cayman) Co's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, Megain Holding (Cayman) Co'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.


Megain Holding (Cayman) Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Megain Holding (Cayman) Co's 5-Year Yield-on-Cost % falls into.



Megain Holding (Cayman) Co 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 Megain Holding (Cayman) Co is calculated as

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

Megain Holding (Cayman) Co  (HKSE:06939) 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.


Megain Holding (Cayman) Co 5-Year Yield-on-Cost % Related Terms

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Megain Holding (Cayman) Co (HKSE:06939) Business Description

Traded in Other Exchanges
N/A
Address
No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000
Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.
Executives
Cheng Hsien-wei 2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd. 2101 Beneficial owner
Arista Global Ltd. 2103 Interests held jointly with another person
Lee Kuo-chang 2103 Interests held jointly with another person
Good Loyal Corporation 2101 Beneficial owner
Yu Yiding 2201 Interest of corporation controlled by you
Lam Tsz Leung 2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

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