GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Mingzhi Technology Co Ltd (SHSE:688355) » Definitions » 5-Year Yield-on-Cost %

Suzhou Mingzhi Technology Co (SHSE:688355) 5-Year Yield-on-Cost % : 2.31 (As of Mar. 04, 2025)


View and export this data going back to 2021. Start your Free Trial

What is Suzhou Mingzhi Technology Co 5-Year Yield-on-Cost %?

Suzhou Mingzhi Technology Co's yield on cost for the quarter that ended in Sep. 2024 was 2.31.


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

SHSE:688355' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.16   Med: 1.34   Max: 3.51
Current: 2.31


During the past 7 years, Suzhou Mingzhi Technology Co's highest Yield on Cost was 3.51. The lowest was 0.16. And the median was 1.34.


SHSE:688355's 5-Year Yield-on-Cost % is ranked better than
56% of 1909 companies
in the Industrial Products industry
Industry Median: 1.96 vs SHSE:688355: 2.31

Competitive Comparison of Suzhou Mingzhi Technology Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Suzhou Mingzhi 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.


Suzhou Mingzhi Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Mingzhi Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Suzhou Mingzhi 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 Suzhou Mingzhi Technology Co is calculated as

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

Suzhou Mingzhi Technology Co  (SHSE:688355) 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.


Suzhou Mingzhi Technology Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Suzhou Mingzhi Technology Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Mingzhi Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1999 Tongxiao West Road, Tongli Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215216
Suzhou Mingzhi Technology Co Ltd is engaged in the research and development and manufacturing of casting products.
Executives
Xu Lei Lei Core technical personnel
Lu Gao Chun Core technical personnel
Xia Zhi Yuan Core technical personnel
Li Jia Core technical personnel
Gu Hai Bing Core technical personnel
Wang Yu Ping Core technical personnel
Zhu Wei An senior management
Dong Yu Ping senior management
Zhang Hong Liang Core technical personnel
Yu Jian Ping Director
Fan Li Director
Li Quan Feng senior management

Suzhou Mingzhi Technology Co Headlines

No Headlines