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Jiangsu Lianfa Textile Co (SZSE:002394) 5-Year Yield-on-Cost % : 9.61 (As of Dec. 16, 2024)


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What is Jiangsu Lianfa Textile Co 5-Year Yield-on-Cost %?

Jiangsu Lianfa Textile Co's yield on cost for the quarter that ended in Sep. 2024 was 9.61.


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

SZSE:002394' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.43   Med: 4.69   Max: 13.96
Current: 9.61


During the past 13 years, Jiangsu Lianfa Textile Co's highest Yield on Cost was 13.96. The lowest was 1.43. And the median was 4.69.


SZSE:002394's 5-Year Yield-on-Cost % is ranked better than
88.22% of 552 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.525 vs SZSE:002394: 9.61

Competitive Comparison of Jiangsu Lianfa Textile Co's 5-Year Yield-on-Cost %

For the Textile Manufacturing subindustry, Jiangsu Lianfa Textile 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.


Jiangsu Lianfa Textile Co's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsu Lianfa Textile Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Jiangsu Lianfa Textile 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 Jiangsu Lianfa Textile Co is calculated as

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

Jiangsu Lianfa Textile Co  (SZSE:002394) 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 Lianfa Textile Co 5-Year Yield-on-Cost % Related Terms

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Jiangsu Lianfa Textile Co Business Description

Traded in Other Exchanges
N/A
Address
No.88 Henglian Road, Hai’an Town, Jiangsu Province, Nantong, CHN
Jiangsu Lianfa Textile Co Ltd is a China-based company. It is engaged in the manufacture and sales of yarn-dyed fabrics, clothing, and textiles. The company's main products include yarns, yarn-dyed fabrics, shirts, and printing and dyeing fabrics.
Executives
Kong Ling Guo Director
Jiang Bo Directors, executives
Xue Qing Long Director
Yu Yong Jun Directors, executives
Li Xin He Independent director

Jiangsu Lianfa Textile Co Headlines

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