GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » 5-Year Yield-on-Cost %

China Three Gorges Renewables (Group) Co (SHSE:600905) 5-Year Yield-on-Cost % : 1.70 (As of Dec. 11, 2024)


View and export this data going back to 2021. Start your Free Trial

What is China Three Gorges Renewables (Group) Co 5-Year Yield-on-Cost %?

China Three Gorges Renewables (Group) Co's yield on cost for the quarter that ended in Sep. 2024 was 1.70.


The historical rank and industry rank for China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600905' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.35   Med: 0.68   Max: 1.87
Current: 1.7


During the past 13 years, China Three Gorges Renewables (Group) Co's highest Yield on Cost was 1.87. The lowest was 0.35. And the median was 0.68.


SHSE:600905's 5-Year Yield-on-Cost % is ranked worse than
75.7% of 251 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.33 vs SHSE:600905: 1.70

Competitive Comparison of China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.


China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost % falls into.



China Three Gorges Renewables (Group) 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 China Three Gorges Renewables (Group) Co is calculated as

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

China Three Gorges Renewables (Group) Co  (SHSE:600905) 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 Three Gorges Renewables (Group) Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of China Three Gorges Renewables (Group) Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Three Gorges Renewables (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 40.0 gigawatts as of the end of 2023. In particular, the firm is also one of the largest offshore wind farm operators in China, with 5.5 GW of installed capacity at the end of 2023, representing about 15% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.5% of CTGR's issued shares as of the end of 2023.
Executives
Zhang Long Directors, senior managers
Yang Gui Fang senior management
Lv Dong senior management

China Three Gorges Renewables (Group) Co Headlines

No Headlines