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China Golden Classic Group (HKSE:08281) 5-Year Yield-on-Cost % : 3.32 (As of Jun. 15, 2024)


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What is China Golden Classic Group 5-Year Yield-on-Cost %?

China Golden Classic Group's yield on cost for the quarter that ended in Dec. 2023 was 3.32.


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

HKSE:08281' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.61   Med: 3.33   Max: 4.69
Current: 3.32


During the past 11 years, China Golden Classic Group's highest Yield on Cost was 4.69. The lowest was 2.61. And the median was 3.33.


HKSE:08281's 5-Year Yield-on-Cost % is ranked better than
58.7% of 1104 companies
in the Consumer Packaged Goods industry
Industry Median: 2.7 vs HKSE:08281: 3.32

Competitive Comparison of China Golden Classic Group's 5-Year Yield-on-Cost %

For the Household & Personal Products subindustry, China Golden Classic 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 Golden Classic Group's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Golden Classic Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



China Golden Classic 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 Golden Classic Group is calculated as

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

China Golden Classic Group  (HKSE:08281) 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 Golden Classic Group 5-Year Yield-on-Cost % Related Terms

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China Golden Classic Group (HKSE:08281) Business Description

Traded in Other Exchanges
N/A
Address
No. 34,35 Yingbin Road, Xiake Town, Jiangsu Province, Jiangyin City, CHN
China Golden Classic Group Ltd is a daily household product producer in China. The company's reportable segment includes Oral care products, Household Hygiene products, and Leather care products. The Oral Care Products segment involves the manufacturing and selling of oral care products including functional toothpaste, mouthwash, oral spray, and toothbrush. The Leather Care Products segment offers leather shoe care products and leather clothing care products. The Household Hygiene Products segment comprises household hygiene products such as surface cleaners, laundry care products, toilet care products, and mould proof products. The group's operations are mainly located in the PRC.
Executives
Chongbo Mary Investment Limited 2101 Beneficial owner
Li Qiuyan 2201 Interest of corporation controlled by you

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