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Snowskylt Industry Group Co (SHSE:600929) 5-Year Yield-on-Cost % : 26.29 (As of Mar. 24, 2025)


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What is Snowskylt Industry Group Co 5-Year Yield-on-Cost %?

Snowskylt Industry Group Co's yield on cost for the quarter that ended in Sep. 2024 was 26.29.


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

SHSE:600929' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.69   Med: 7.59   Max: 34.79
Current: 26.29


During the past 10 years, Snowskylt Industry Group Co's highest Yield on Cost was 34.79. The lowest was 1.69. And the median was 7.59.


SHSE:600929's 5-Year Yield-on-Cost % is ranked better than
98.59% of 1064 companies
in the Chemicals industry
Industry Median: 2.19 vs SHSE:600929: 26.29

Competitive Comparison of Snowskylt Industry Group Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Snowskylt Industry 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.


Snowskylt Industry Group Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Snowskylt Industry Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Snowskylt Industry 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 Snowskylt Industry Group Co is calculated as

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

Snowskylt Industry Group Co  (SHSE:600929) 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.


Snowskylt Industry Group Co 5-Year Yield-on-Cost % Related Terms

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Snowskylt Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 519 Jianxiang Road, Furong District, Hunan Province, Changsha, CHN, 410005
Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.
Executives
Wang Ha Bin Director
Liu Shao Hua senior management
Jiang You Jun senior management
Zhou Qun Hui senior management
Yang Li Shu senior management
Liu Xiao Wei senior management
Chen Wei senior management
Zhou Jian Director
Wang Zhi Hui Supervisors
Li Peng Supervisors
Li Li Qun Supervisors
Li Ying Director
Chen Quan Sheng Director
Wu Rong Dou Director
Liu Xiao Zuo Director

Snowskylt Industry Group Co Headlines

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