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Kangji Medical Holdings (HKSE:09997) 5-Year Yield-on-Cost % : 2.69 (As of May. 15, 2024)


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What is Kangji Medical Holdings 5-Year Yield-on-Cost %?

Kangji Medical Holdings's yield on cost for the quarter that ended in Dec. 2023 was 2.69.


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

HKSE:09997' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.5   Med: 1.71   Max: 3.41
Current: 2.69


During the past 7 years, Kangji Medical Holdings's highest Yield on Cost was 3.41. The lowest was 0.50. And the median was 1.71.


HKSE:09997's 5-Year Yield-on-Cost % is ranked better than
55.48% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 2.295 vs HKSE:09997: 2.69

Competitive Comparison of Kangji Medical Holdings's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Kangji Medical 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.


Kangji Medical Holdings's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kangji Medical Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Kangji Medical 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 Kangji Medical Holdings is calculated as

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

Kangji Medical Holdings  (HKSE:09997) 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.


Kangji Medical Holdings 5-Year Yield-on-Cost % Related Terms

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Kangji Medical Holdings (HKSE:09997) Business Description

Traded in Other Exchanges
Address
No. 1668 Chunjiang East Road, Tonglu Economic Development Zone, Zhejiang Province, Hangzhou, CHN
Kangji Medical Holdings Ltd is engaged in the production and sales of minimally invasive surgical instruments and accessories. The company offers a product portfolio to provide physicians and hospitals with one-shop and tailored surgical solutions for four surgical specialties OBGYN, general surgery, urology, and thoracic surgery. It manufactures and sells both disposable and reusable products. Its product portfolio includes disposable trocars, polymer ligation clips, disposable electrocoagulation forceps, and reusable trocar and forceps. It derives the majority of its revenue from Mainland China.

Kangji Medical Holdings (HKSE:09997) Headlines

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