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Jiangsu Azure (SZSE:002245) 5-Year Yield-on-Cost % : 0.66 (As of May. 15, 2024)


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What is Jiangsu Azure 5-Year Yield-on-Cost %?

Jiangsu Azure's yield on cost for the quarter that ended in Mar. 2024 was 0.66.


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

SZSE:002245' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.12   Med: 0.66   Max: 2.25
Current: 0.66


During the past 13 years, Jiangsu Azure's highest Yield on Cost was 2.25. The lowest was 0.12. And the median was 0.66.


SZSE:002245's 5-Year Yield-on-Cost % is ranked worse than
89.02% of 337 companies
in the Conglomerates industry
Industry Median: 3.4 vs SZSE:002245: 0.66

Competitive Comparison of Jiangsu Azure's 5-Year Yield-on-Cost %

For the Conglomerates subindustry, Jiangsu Azure'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.


Jiangsu Azure's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Azure's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Jiangsu Azure 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 Jiangsu Azure is calculated as

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

Jiangsu Azure  (SZSE:002245) 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.


Jiangsu Azure 5-Year Yield-on-Cost % Related Terms

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Jiangsu Azure (SZSE:002245) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Xinjing Middle Road, Yangshe Town, Jiangsu Province, Jiangsu, Zhangjiagang, CHN, 215618
Jiangsu Azure Corp formerly Jiangsu Aucksun Co Ltd is a China-based company engaged in the areas of metal logistics and distribution, LED chips and new energy lithium batteries. The company provides complete supply chain services for warehousing, sorting, arranging, packaging, distribution and processing of metal materials.

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