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Shanghai Zhezhong Group Co (SZSE:002346) 5-Year Yield-on-Cost % : 2.22 (As of May. 25, 2024)


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What is Shanghai Zhezhong Group Co 5-Year Yield-on-Cost %?

Shanghai Zhezhong Group Co's yield on cost for the quarter that ended in Mar. 2024 was 2.22.


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

SZSE:002346' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.21   Med: 1.24   Max: 4.07
Current: 2.22


During the past 13 years, Shanghai Zhezhong Group Co's highest Yield on Cost was 4.07. The lowest was 0.21. And the median was 1.24.


SZSE:002346's 5-Year Yield-on-Cost % is ranked better than
52.91% of 1871 companies
in the Industrial Products industry
Industry Median: 2.06 vs SZSE:002346: 2.22

Competitive Comparison of Shanghai Zhezhong Group Co's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Shanghai Zhezhong Group 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.


Shanghai Zhezhong Group Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhezhong Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shanghai Zhezhong Group 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 Shanghai Zhezhong Group Co is calculated as

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

Shanghai Zhezhong Group Co  (SZSE:002346) 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.


Shanghai Zhezhong Group Co 5-Year Yield-on-Cost % Related Terms

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Shanghai Zhezhong Group Co (SZSE:002346) Business Description

Traded in Other Exchanges
N/A
Address
No. 368 Canggong Road, Fengxian District, Chemical Industry Park, Shanghai, CHN, 201402
Shanghai Zhezhong Group Co Ltd manufactures and sells sets of switching equipment in China. It offers sets of switchgear, control equipment, and box-type substation.
Executives
Wu Cheng Min Supervisors
Ma Yu Hua Directors, executives
Tang Wen Hua Supervisors
Yu Mei Supervisors
Tang Yi Bo Supervisors
Huang Dong Supervisors
Ji Ji Ping Director

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