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Sinofortune Financial Holdings (HKSE:08123) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 23, 2024)


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What is Sinofortune Financial Holdings 5-Year Yield-on-Cost %?

Sinofortune Financial Holdings's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



HKSE:08123's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 2.93
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Sinofortune Financial Holdings's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Sinofortune Financial 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.


Sinofortune Financial Holdings's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sinofortune Financial Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sinofortune Financial 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 Sinofortune Financial Holdings is calculated as

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

Sinofortune Financial Holdings  (HKSE:08123) 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.


Sinofortune Financial Holdings 5-Year Yield-on-Cost % Related Terms

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Sinofortune Financial Holdings (HKSE:08123) Business Description

Traded in Other Exchanges
N/A
Address
No. 64-66 Connaught Road, 16th Floor, CMA Building, Central, Hong Kong, HKG
Sinofortune Financial Holdings Ltd along with its subsidiaries is an integrated financial service and parallel-imported motor vehicles supplier in Hong Kong and the People's Republic of China. The Group is engaged in the provision of securities and futures contracts trading services in Hong Kong, trading of listed securities in Hong Kong, and sales of motor vehicles, provision of agency services and accessories sourcing in the PRC.
Executives
Wang Jiawei 2101 Beneficial owner

Sinofortune Financial Holdings (HKSE:08123) Headlines

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