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Jiangxi Hongdu Aviation Industry Co (SHSE:600316) 5-Year Yield-on-Cost % : 2.46 (As of May. 28, 2024)


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What is Jiangxi Hongdu Aviation Industry Co 5-Year Yield-on-Cost %?

Jiangxi Hongdu Aviation Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 2.46.


The historical rank and industry rank for Jiangxi Hongdu Aviation Industry Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600316' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.22   Med: 0.6   Max: 3.8
Current: 2.46


During the past 13 years, Jiangxi Hongdu Aviation Industry Co's highest Yield on Cost was 3.80. The lowest was 0.22. And the median was 0.60.


SHSE:600316's 5-Year Yield-on-Cost % is ranked better than
71.83% of 142 companies
in the Aerospace & Defense industry
Industry Median: 1.19 vs SHSE:600316: 2.46

Competitive Comparison of Jiangxi Hongdu Aviation Industry Co's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Jiangxi Hongdu Aviation Industry 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.


Jiangxi Hongdu Aviation Industry Co's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jiangxi Hongdu Aviation Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangxi Hongdu Aviation Industry Co's 5-Year Yield-on-Cost % falls into.



Jiangxi Hongdu Aviation Industry 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 Jiangxi Hongdu Aviation Industry Co is calculated as

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

Jiangxi Hongdu Aviation Industry Co  (SHSE:600316) 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.


Jiangxi Hongdu Aviation Industry Co 5-Year Yield-on-Cost % Related Terms

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Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Business Description

Traded in Other Exchanges
N/A
Address
Xinxi Bridge, Jiangxi province, Nanchang, CHN, 330024
Jiangxi Hongdu Aviation Industry Co Ltd engages in the manufacture and sale of aviation products, motorcycles, and engines. The company operates through Trainer Business, Subcontract Production Business, and General Aviation Business segments. The main products of the K8 series jet trainer and the first teacher six-propeller trainer are exported to many countries and regions such as Asia, Africa, and the Americas. Further, the group act as the main export base for China's trainer aircraft, agricultural and forestry aircraft research and production bases and aviation foreign trade.
Executives
Jin Lei senior management

Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Headlines

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