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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) 5-Year Yield-on-Cost % : 0.72 (As of May. 24, 2024)


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What is Argus (Shanghai) Textile Chemicals Co 5-Year Yield-on-Cost %?

Argus (Shanghai) Textile Chemicals Co's yield on cost for the quarter that ended in Mar. 2024 was 0.72.


The historical rank and industry rank for Argus (Shanghai) Textile Chemicals Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603790' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.53   Med: 1.13   Max: 2.11
Current: 0.72


During the past 10 years, Argus (Shanghai) Textile Chemicals Co's highest Yield on Cost was 2.11. The lowest was 0.53. And the median was 1.13.


SHSE:603790's 5-Year Yield-on-Cost % is ranked worse than
79.79% of 1049 companies
in the Chemicals industry
Industry Median: 2.31 vs SHSE:603790: 0.72

Competitive Comparison of Argus (Shanghai) Textile Chemicals Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.


Argus (Shanghai) Textile Chemicals Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Argus (Shanghai) Textile Chemicals Co's 5-Year Yield-on-Cost % falls into.



Argus (Shanghai) Textile Chemicals 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 Argus (Shanghai) Textile Chemicals Co is calculated as

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

Argus (Shanghai) Textile Chemicals Co  (SHSE:603790) 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.


Argus (Shanghai) Textile Chemicals Co 5-Year Yield-on-Cost % Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
Executives
Xie Bing Directors, senior managers
Gu Zhe Dong Director
Xu Ya Qin senior management
Cheng Yu Qing senior management
Ceng Jian Ping Director
Hong Bin senior management
Zheng Yi Hua Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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