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Hitevision Co (SZSE:002955) 5-Year Yield-on-Cost % : 5.36 (As of Jun. 23, 2024)


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What is Hitevision Co 5-Year Yield-on-Cost %?

Hitevision Co's yield on cost for the quarter that ended in Mar. 2024 was 5.36.


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

SZSE:002955' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.94   Med: 5.01   Max: 6.71
Current: 5.36


During the past 9 years, Hitevision Co's highest Yield on Cost was 6.71. The lowest was 3.94. And the median was 5.01.


SZSE:002955's 5-Year Yield-on-Cost % is ranked better than
75.16% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs SZSE:002955: 5.36

Competitive Comparison of Hitevision Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Hitevision 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.


Hitevision Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Hitevision 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 Hitevision Co is calculated as

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

Hitevision Co  (SZSE:002955) 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.


Hitevision Co 5-Year Yield-on-Cost % Related Terms

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Hitevision Co (SZSE:002955) Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi 3rd Street, Room C1104, Block C, Haidian District, Beijing, CHN, 100085
Hitevision Co Ltd is engaged in the design, development, production and sales of intelligent interactive display products and intelligent audiovisual solutions.
Executives
Lan Jia Independent director
Xing Xiu Qing Director
Zhao Hong Chan Supervisors
Xie Fang Executives

Hitevision Co (SZSE:002955) Headlines

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