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Ningbo Sunrise Elc Technology Co (SZSE:002937) 5-Year Yield-on-Cost % : 1.79 (As of Jun. 25, 2024)


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What is Ningbo Sunrise Elc Technology Co 5-Year Yield-on-Cost %?

Ningbo Sunrise Elc Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 1.79.


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

SZSE:002937' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.62   Med: 0.96   Max: 1.81
Current: 1.79


During the past 10 years, Ningbo Sunrise Elc Technology Co's highest Yield on Cost was 1.81. The lowest was 0.62. And the median was 0.96.


SZSE:002937's 5-Year Yield-on-Cost % is ranked worse than
61.31% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs SZSE:002937: 1.79

Competitive Comparison of Ningbo Sunrise Elc Technology Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Ningbo Sunrise Elc 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.


Ningbo Sunrise Elc Technology Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ningbo Sunrise Elc Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ningbo Sunrise Elc 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 Ningbo Sunrise Elc Technology Co is calculated as

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

Ningbo Sunrise Elc Technology Co  (SZSE:002937) 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.


Ningbo Sunrise Elc Technology Co 5-Year Yield-on-Cost % Related Terms

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Ningbo Sunrise Elc Technology Co (SZSE:002937) Business Description

Traded in Other Exchanges
N/A
Address
Changhe Town, Zhejiang Province, Cixi, CHN, 315326
Ningbo Sunrise Elc Technology Co Ltd is a China based company primarily manufactures electrical components. It manufactures consumer electronics, automotive electronics and other intelligent terminal equipment's.
Executives
Zhang Zhong Liang Director
Zhang Hong Man Director
Yang Zhao Long Directors, executives

Ningbo Sunrise Elc Technology Co (SZSE:002937) Headlines

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