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Careray Digital Medical Technology Co (SHSE:688607) 5-Year Yield-on-Cost % : 0.32 (As of Apr. 26, 2025)


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What is Careray Digital Medical Technology Co 5-Year Yield-on-Cost %?

Careray Digital Medical Technology Co's yield on cost for the quarter that ended in Sep. 2024 was 0.32.


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

SHSE:688607' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.3   Med: 0.94   Max: 1.91
Current: 0.32


During the past 7 years, Careray Digital Medical Technology Co's highest Yield on Cost was 1.91. The lowest was 0.30. And the median was 0.94.


SHSE:688607's 5-Year Yield-on-Cost % is ranked worse than
95.57% of 316 companies
in the Medical Devices & Instruments industry
Industry Median: 2.38 vs SHSE:688607: 0.32

Competitive Comparison of Careray Digital Medical Technology Co's 5-Year Yield-on-Cost %

For the Medical Devices subindustry, Careray Digital Medical 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.


Careray Digital Medical Technology Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careray Digital Medical Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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


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Careray Digital Medical 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 Careray Digital Medical Technology Co is calculated as

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

Careray Digital Medical Technology Co  (SHSE:688607) 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.


Careray Digital Medical Technology Co 5-Year Yield-on-Cost % Related Terms

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Careray Digital Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Xinghu Street, Room 501, Building A2 and B3, Bio-Nano Park, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Careray Digital Medical Technology Co Ltd is engaged in the development and production of digital X-ray flat panel detectors, which are widely used in medical, pet, security, and industrial imaging diagnostic products. The product portfolio includes radiography, mammography, fluoroscopy, dental products, and other accessories.

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