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HBIS Resources Co (SZSE:000923) 5-Year Yield-on-Cost % : 3.29 (As of Jun. 12, 2024)


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What is HBIS Resources Co 5-Year Yield-on-Cost %?

HBIS Resources Co's yield on cost for the quarter that ended in Mar. 2024 was 3.29.


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

SZSE:000923' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.02   Med: 0.54   Max: 3.48
Current: 3.29


During the past 13 years, HBIS Resources Co's highest Yield on Cost was 3.48. The lowest was 0.02. And the median was 0.54.


SZSE:000923's 5-Year Yield-on-Cost % is ranked better than
63.16% of 133 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.55 vs SZSE:000923: 3.29

Competitive Comparison of HBIS Resources Co's 5-Year Yield-on-Cost %

For the Farm & Heavy Construction Machinery subindustry, HBIS Resources 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.


HBIS Resources Co's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, HBIS Resources Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



HBIS Resources 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 HBIS Resources Co is calculated as

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

HBIS Resources Co  (SZSE:000923) 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.


HBIS Resources Co 5-Year Yield-on-Cost % Related Terms

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HBIS Resources Co (SZSE:000923) Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Dongsheng Road, Xuanbei District, Hebei, Zhangjiakou, CHN, 075105
HBIS Resources Co Ltd, formerly Xuanhua Construction Machinery Co Ltd is mainly engaged in the production and distribution of bulldozer, loader, roller and mining components in China.
Executives
Liu Jian Director
Niu Yan Qing Supervisors
Wang Jian Chun Directors, executives
Zhou Zhi Sheng Director

HBIS Resources Co (SZSE:000923) Headlines

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