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Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) 5-Year Yield-on-Cost % : 2.04 (As of Jul. 19, 2025)


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What is Ningbo Changhong Polymer Scientific & Technical 5-Year Yield-on-Cost %?

Ningbo Changhong Polymer Scientific & Technical's yield on cost for the quarter that ended in Mar. 2025 was 2.04.


The historical rank and industry rank for Ningbo Changhong Polymer Scientific & Technical's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:605008' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.84   Med: 1.86   Max: 2.84
Current: 2.04


During the past 9 years, Ningbo Changhong Polymer Scientific & Technical's highest Yield on Cost was 2.84. The lowest was 0.84. And the median was 1.86.


SHSE:605008's 5-Year Yield-on-Cost % is ranked better than
52.59% of 1080 companies
in the Chemicals industry
Industry Median: 1.915 vs SHSE:605008: 2.04

Competitive Comparison of Ningbo Changhong Polymer Scientific & Technical's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Ningbo Changhong Polymer Scientific & Technical'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.


Ningbo Changhong Polymer Scientific & Technical's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Changhong Polymer Scientific & Technical's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ningbo Changhong Polymer Scientific & Technical's 5-Year Yield-on-Cost % falls into.


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Ningbo Changhong Polymer Scientific & Technical 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 Ningbo Changhong Polymer Scientific & Technical is calculated as

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

Ningbo Changhong Polymer Scientific & Technical  (SHSE:605008) 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.


Ningbo Changhong Polymer Scientific & Technical 5-Year Yield-on-Cost % Related Terms

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Ningbo Changhong Polymer Scientific & Technical Business Description

Traded in Other Exchanges
N/A
Address
No. 108, Qijiashan Gangkou Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315803
Ningbo Changhong Polymer Scientific & Technical Inc is engaged in production and sales of styrene-based thermoplastic elastomers (TPES). The company's products include Sstyrene-butadiene-styrene (SBS) and Styrene-ethylene-butylene-styrene (SEBS). Its products are used in many industrial fields such as shoes materials, asphalt modification, plastic modification, adhesive agent, medicine, health products, waterproofing materials, and construction materials, environmental-friendly plastic runway and bicycle tyre.

Ningbo Changhong Polymer Scientific & Technical Headlines

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