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Zhejiang Jinghua Laser Technology Co (SHSE:603607) 5-Year Yield-on-Cost % : 7.28 (As of Dec. 12, 2024)


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What is Zhejiang Jinghua Laser Technology Co 5-Year Yield-on-Cost %?

Zhejiang Jinghua Laser Technology Co's yield on cost for the quarter that ended in Sep. 2024 was 7.28.


The historical rank and industry rank for Zhejiang Jinghua Laser Technology Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603607' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.74   Med: 4.84   Max: 14.06
Current: 7.28


During the past 11 years, Zhejiang Jinghua Laser Technology Co's highest Yield on Cost was 14.06. The lowest was 2.74. And the median was 4.84.


SHSE:603607's 5-Year Yield-on-Cost % is ranked better than
83.53% of 255 companies
in the Packaging & Containers industry
Industry Median: 2.99 vs SHSE:603607: 7.28

Competitive Comparison of Zhejiang Jinghua Laser Technology Co's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Zhejiang Jinghua Laser Technology 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.


Zhejiang Jinghua Laser Technology Co's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Jinghua Laser Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Jinghua Laser Technology Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Jinghua Laser Technology 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 Zhejiang Jinghua Laser Technology Co is calculated as

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

Zhejiang Jinghua Laser Technology Co  (SHSE:603607) 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.


Zhejiang Jinghua Laser Technology Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Jinghua Laser Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Province High-tech Industrial Development Zone, Shaoxing, CHN, 312000
Zhejiang Jinghua Laser Technology Co Ltd is a national high-tech enterprise specializing in the manufacture, sales and technology development of laser holographic molded products in China. Its products range include laser holographic anti-counterfeiting film and anti-counterfeiting paper. Its products are widely used in laser holographic anti-counterfeiting packaging in the fields of cigarettes, wine, cosmetics, and food.
Executives
Zhang Jian Fen Supervisors
Yuan Jian Feng Director
Jiang Jian Gen senior management
Chen Jin Tong Director
Xiong Jian Hua Director
Xie Gao Xiang Directors, senior managers
Sun Jian Cheng Directors, senior managers
Qi Qi Fan senior management
Shao Bo senior management
Feng Yi Ping Directors, senior managers
Feng Yi Hong senior management
Xie Wei Dong Supervisors
Qian Ming Jun Director
Wang Fu Qing Supervisors

Zhejiang Jinghua Laser Technology Co Headlines

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