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Zhejiang Asia-Pacific Mechanical & Electronics Co (SZSE:002284) 5-Year Yield-on-Cost % : 1.15 (As of Dec. 14, 2024)


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What is Zhejiang Asia-Pacific Mechanical & Electronics Co 5-Year Yield-on-Cost %?

Zhejiang Asia-Pacific Mechanical & Electronics Co's yield on cost for the quarter that ended in Sep. 2024 was 1.15.


The historical rank and industry rank for Zhejiang Asia-Pacific Mechanical & Electronics Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:002284' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 0.99   Max: 2.46
Current: 1.15


During the past 13 years, Zhejiang Asia-Pacific Mechanical & Electronics Co's highest Yield on Cost was 2.46. The lowest was 0.18. And the median was 0.99.


SZSE:002284's 5-Year Yield-on-Cost % is ranked worse than
73.07% of 843 companies
in the Vehicles & Parts industry
Industry Median: 2.76 vs SZSE:002284: 1.15

Competitive Comparison of Zhejiang Asia-Pacific Mechanical & Electronics Co's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Zhejiang Asia-Pacific Mechanical & Electronics 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.


Zhejiang Asia-Pacific Mechanical & Electronics Co's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Asia-Pacific Mechanical & Electronics Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Asia-Pacific Mechanical & Electronics Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Asia-Pacific Mechanical & Electronics 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 Zhejiang Asia-Pacific Mechanical & Electronics Co is calculated as

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

Zhejiang Asia-Pacific Mechanical & Electronics Co  (SZSE:002284) 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.


Zhejiang Asia-Pacific Mechanical & Electronics Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Asia-Pacific Mechanical & Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No.1399 Yatai Road, Xiaoshan Distrcit, Hangzhou, CHN, 311203
Zhejiang Asia-Pacific Mechanical & Electronics Co Ltd is engaged in the development, production, and sales of complete vehicle brake systems. The products of the company include commercial vehicle brake product, brake caliper, booster, brake disc, drum brake, rear drum brake, front drum brake, handbrake, and clutch pump.
Executives
Huang Lai Xing Director
Shi Rui Kang Executives
Shi Ji Fa Directors, executives
Qian Yi Min Independent director
Huang Wei Chao Executives
Zheng Rong Executives
Liu Yun Independent director
Hu Shui Bing Supervisors
Fei Zhong Xin Director
Chen Ya Hua Directors, executives

Zhejiang Asia-Pacific Mechanical & Electronics Co Headlines

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