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China Zheshang Bank Co (SHSE:601916) 5-Year Yield-on-Cost % : 7.07 (As of Jun. 23, 2024)


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What is China Zheshang Bank Co 5-Year Yield-on-Cost %?

China Zheshang Bank Co's yield on cost for the quarter that ended in Mar. 2024 was 7.07.


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

SHSE:601916' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.15   Med: 4.01   Max: 11.74
Current: 7.07


During the past 12 years, China Zheshang Bank Co's highest Yield on Cost was 11.74. The lowest was 3.15. And the median was 4.01.


SHSE:601916's 5-Year Yield-on-Cost % is ranked better than
80.46% of 1213 companies
in the Banks industry
Industry Median: 5.22 vs SHSE:601916: 7.07

Competitive Comparison of China Zheshang Bank Co's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, China Zheshang Bank 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 Zheshang Bank Co's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Zheshang Bank Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Zheshang Bank Co's 5-Year Yield-on-Cost % falls into.



China Zheshang Bank 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 Zheshang Bank Co is calculated as

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

China Zheshang Bank Co  (SHSE:601916) 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 Zheshang Bank Co 5-Year Yield-on-Cost % Related Terms

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China Zheshang Bank Co (SHSE:601916) Business Description

Traded in Other Exchanges
Address
No. 288, Qingchun Road, Xiacheng District, Zhejiang, Hangzhou, CHN, 310006
China Zheshang Bank Co Ltd provides corporate and personal deposits, loans and advances, clearing and settlement services, treasury business, and other banking services as approved by the CBIRC. The company's business segments include Corporate banking; Retail banking; Treasury operations and other business. It generates maximum revenue from the Corporate banking segment. The corporate banking segment covers the provision of financial products and services to corporations, government agencies, and other institutions. The products and services include corporate loans and advances, trade financing, deposit products, and various types of corporate intermediary services, etc.
Executives
Shen Ren Kang Director
Sheng Hong Qing senior management
Wu Fang Hua Supervisors
Chen Hai Qiang Directors, senior managers
Jing Feng senior management
Luo Feng senior management
Liu Long senior management
Zhang Rong Sen Directors, senior managers
Jiang Rong senior management
Ma Hong Director
Cheng Hui Fang Supervisors
Zhang Lu Yun Director
Wu Jian Wei senior management
Yu Jian Qiang Supervisors
Liu Gui Shan senior management

China Zheshang Bank Co (SHSE:601916) Headlines

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