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Bank Of Ningbo Co (SZSE:002142) 5-Year Yield-on-Cost % : 3.19 (As of Dec. 12, 2024)


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What is Bank Of Ningbo Co 5-Year Yield-on-Cost %?

Bank Of Ningbo Co's yield on cost for the quarter that ended in Sep. 2024 was 3.19.


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

SZSE:002142' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.5   Med: 2.47   Max: 4.55
Current: 3.19


During the past 13 years, Bank Of Ningbo Co's highest Yield on Cost was 4.55. The lowest was 1.50. And the median was 2.47.


SZSE:002142's 5-Year Yield-on-Cost % is ranked worse than
71.1% of 1232 companies
in the Banks industry
Industry Median: 4.585 vs SZSE:002142: 3.19

Competitive Comparison of Bank Of Ningbo Co's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Bank Of Ningbo 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.


Bank Of Ningbo Co's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ningbo Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Bank Of Ningbo 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 Bank Of Ningbo Co is calculated as

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

Bank Of Ningbo Co  (SZSE:002142) 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.


Bank Of Ningbo Co 5-Year Yield-on-Cost % Related Terms

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Bank Of Ningbo Co Business Description

Traded in Other Exchanges
N/A
Address
No. 345, Ningdong Road, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank has a headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 64%, 22%, 4.6%, 3.9%, and 4.2%, respectively, to total loans in 2023. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 18.7%, 18.7%, and 10% of the shares, respectively, as of end-2023.
Executives
Li Hao Independent director
Yu Gang Secretary Dong
Wei Xue Mei Director
Song Han Ping Director
Hong Li Feng Supervisors
Yang Chen Secretary Dong
Xu Li Xun Director
Lu Hua Yu Director
Yu Feng Ying Director
Luo Meng Bo Directors, executives
Luo Wei Kai Executives
Zhang Ying Fang Supervisors
Shi Li Zhong Director
Liu Ru Fen Supervisors
Fu Wen Sheng Executives

Bank Of Ningbo Co Headlines

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