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Sunrise Manufacture Group Co (SHSE:605138) 5-Year Yield-on-Cost % : 3.47 (As of May. 26, 2024)


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What is Sunrise Manufacture Group Co 5-Year Yield-on-Cost %?

Sunrise Manufacture Group Co's yield on cost for the quarter that ended in Mar. 2024 was 3.47.


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

SHSE:605138' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.77   Med: 1.85   Max: 4.02
Current: 3.47


During the past 7 years, Sunrise Manufacture Group Co's highest Yield on Cost was 4.02. The lowest was 0.77. And the median was 1.85.


SHSE:605138's 5-Year Yield-on-Cost % is ranked better than
58.7% of 540 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.585 vs SHSE:605138: 3.47

Competitive Comparison of Sunrise Manufacture Group Co's 5-Year Yield-on-Cost %

For the Textile Manufacturing subindustry, Sunrise Manufacture 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.


Sunrise Manufacture Group Co's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunrise Manufacture Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sunrise Manufacture 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 Sunrise Manufacture Group Co is calculated as

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

Sunrise Manufacture Group Co  (SHSE:605138) 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.


Sunrise Manufacture Group Co 5-Year Yield-on-Cost % Related Terms

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Sunrise Manufacture Group Co (SHSE:605138) Business Description

Traded in Other Exchanges
N/A
Address
Shengzhou Economic Development Zone, Chengdong District, Zhejiang Province, Shengzhou, CHN, 312400
Sunrise Manufacture Group Co Ltd, formerly Zhejiang Sunrise Garment Group Co Ltd is engaged in the production and sales of textile fabrics and garments.

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