China Information Technology Development (HKSE:08178) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)

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What is China Information Technology Development 5-Year Yield-on-Cost %?

China Information Technology Development's yield on cost for the quarter that ended in Dec. 2023 was 0.00.

The historical rank and industry rank for China Information Technology Development's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:08178's 5-Year Yield-on-Cost % is not ranked ^*
in the Software industry.
Industry Median: 2.245
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of China Information Technology Development's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, China Information Technology Development'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 Information Technology Development's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, China Information Technology Development's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Information Technology Development's 5-Year Yield-on-Cost % falls into.

China Information Technology Development 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 Information Technology Development is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

China Information Technology Development (HKSE:08178) 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 Information Technology Development 5-Year Yield-on-Cost % Related Terms

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China Information Technology Development (HKSE:08178) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China Information Technology Development Ltd (HKSE:08178) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

392 Kwun Tong Road, Unit 3308, 33rd Floor, Millennium City 6, Kwun Tong, Hong Kong, HKG

Website

https://www.citd.com.hk

China Information Technology Development Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of system integration and related support services, provision of IT infrastructure solutions and maintenance services, money lending, and securities trading. It operates in the segments of Provision of IT solutions and maintenance, Money lending, Securities trading, and Rental of properties. It generates key revenue from the IT solutions and maintenance segment. It has a business presence in the PRC and Hong Kong, of which a majority of revenue is derived from Hong Kong.

Executives

Zhang Rong	2101 Beneficial owner
Lee Ying Chiu Herbert	2201 Interest of corporation controlled by you
Choi Hing Lin Lori	2202 Interest of your spouse
Lam Shu Chung	2101 Beneficial owner
Tang Keung	2101 Beneficial owner
Valuable Fortune Limited	2101 Beneficial owner
Lee Yat Lung Andrew	2201 Interest of corporation controlled by you

China Information Technology Development (HKSE:08178) Headlines

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