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Xiamen Jihong Technology Co (SZSE:002803) 5-Year Yield-on-Cost % : 4.53 (As of Jun. 10, 2024)


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What is Xiamen Jihong Technology Co 5-Year Yield-on-Cost %?

Xiamen Jihong Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 4.53.


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

SZSE:002803' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.13   Med: 0.54   Max: 4.53
Current: 4.53


During the past 13 years, Xiamen Jihong Technology Co's highest Yield on Cost was 4.53. The lowest was 0.13. And the median was 0.54.


SZSE:002803's 5-Year Yield-on-Cost % is ranked better than
67.73% of 251 companies
in the Packaging & Containers industry
Industry Median: 2.9 vs SZSE:002803: 4.53

Competitive Comparison of Xiamen Jihong Technology Co's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Xiamen Jihong Technology 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.


Xiamen Jihong Technology Co's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Xiamen Jihong Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Xiamen Jihong Technology Co's 5-Year Yield-on-Cost % falls into.



Xiamen Jihong Technology 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 Xiamen Jihong Technology Co is calculated as

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

Xiamen Jihong Technology Co  (SZSE:002803) 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.


Xiamen Jihong Technology Co 5-Year Yield-on-Cost % Related Terms

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Xiamen Jihong Technology Co (SZSE:002803) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Putou Road, Dongfu Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361027
Xiamen Jihong Technology Co Ltd provides integrated packing solutions in China. The company designs, pre-presses, produces and distributes various packaging products, including cardboard packing, corrugate packing, rigid box, and plastic packing products. Its business categories include fast-moving consumer goods (FMCG) packaging, food packaging, frozen food packaging, electronic goods packaging, and cushion sales packaging. Its products include folding boxes for high automation assembly, window patching boxes, cold and humidity resistant boxes, rigid boxes, displays, and plastic packing.
Executives
Zhuang Hao Directors, executives
Wang Ya Peng Director
Zhang He Ping Directors, executives
Zhuang Shu Directors, executives
Wang Hai Ying Supervisors

Xiamen Jihong Technology Co (SZSE:002803) Headlines

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