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Asia Cork (STU:6A3) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 16, 2024)


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What is Asia Cork 5-Year Yield-on-Cost %?

Asia Cork's yield on cost for the quarter that ended in Dec. 2010 was 0.00.


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



STU:6A3's 5-Year Yield-on-Cost % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 2.835
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Asia Cork's 5-Year Yield-on-Cost %

For the Furnishings, Fixtures & Appliances subindustry, Asia Cork'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.


Asia Cork's 5-Year Yield-on-Cost % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Asia Cork's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Asia Cork's 5-Year Yield-on-Cost % falls into.



Asia Cork 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 Asia Cork is calculated as

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

Asia Cork  (STU:6A3) 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.


Asia Cork 5-Year Yield-on-Cost % Related Terms

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Asia Cork (STU:6A3) Business Description

Traded in Other Exchanges
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Address
Website
Asia Cork Incorporated formerly known as Hankersen International Corp., was incorporated under the laws of the State of Delaware on August 1, 1996. On July 11, 2008, the Company's wholly owned subsidiary, Asia Cork Inc., was merged into its parent, the Company, in order to change the name of the Company, after approval by the Board of Directors of the Company according to the Delaware General Corporation Law. As permitted by Delaware General Corporation Law, the Company assumed the name of its wholly owned subsidiary following the merger and now operates under the name Asia Cork Inc. The Company through its subsidiaries is engaged in the development, manufacture and distribution of cork products including cork wood floor, wall and decorating materials. It produces approximately seven series of cork flooring planks with over approximately 50 different patterns, colors and granules. It produces approximately 16 types of cork wallboard and approximately three types of cork art crafts with different patterns. It products include Cork Granule, Cork Sheet and Roll, Glue-down Floor, Floating Floor, Cork Wallboard and Basic Board. All these products utilize staining technology to create different colors. Its cork art crafts include ornaments and decorations. Wallboard could also be used as decorative material. It also sells semi-finished cork products to other manufacturers which use cork granule and sheet roll as raw materials. Cork granule comes in varies sizes and is the early stage of cork material processing. It sells its products directly to customers in China through its own sales team, and it distributes its products to customers overseas through unrelated distributors and sales agents. The countries in which its products were distributed through these sales agents include India, the United States of America, Germany and Japan. The Company competes with Portugal cork manufacturers as its major product is cork stopper used for wine bottles, which usually accounts for one third of its total sales and even higher percentage of profit. Domestically, the Company competes with local mid-sized cork manufacturers. These companies' products are semi-finished cork boards, sheets and roles.

Asia Cork (STU:6A3) Headlines

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