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Hangzhou Cogeneration Group Co (SHSE:605011) 5-Year Yield-on-Cost % : 0.54 (As of May. 25, 2024)


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What is Hangzhou Cogeneration Group Co 5-Year Yield-on-Cost %?

Hangzhou Cogeneration Group Co's yield on cost for the quarter that ended in Mar. 2024 was 0.54.


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

SHSE:605011' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.42   Med: 0.86   Max: 2.39
Current: 0.54


During the past 8 years, Hangzhou Cogeneration Group Co's highest Yield on Cost was 2.39. The lowest was 0.42. And the median was 0.86.


SHSE:605011's 5-Year Yield-on-Cost % is ranked worse than
90.38% of 239 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.88 vs SHSE:605011: 0.54

Competitive Comparison of Hangzhou Cogeneration Group Co's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Hangzhou Cogeneration 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.


Hangzhou Cogeneration Group Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hangzhou Cogeneration Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hangzhou Cogeneration 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 Hangzhou Cogeneration Group Co is calculated as

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

Hangzhou Cogeneration Group Co  (SHSE:605011) 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.


Hangzhou Cogeneration Group Co 5-Year Yield-on-Cost % Related Terms

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Hangzhou Cogeneration Group Co (SHSE:605011) Business Description

Traded in Other Exchanges
N/A
Address
Jiangnan Constellation, Changhe Street, Room 701, Unit 1, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Cogeneration Group Co Ltd is primarily involved in the cogeneration and central heating in the industrial park.
Executives
Xu Yang Director

Hangzhou Cogeneration Group Co (SHSE:605011) Headlines

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