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Shenzhen Zhaowei Machinery & Electronics Co (SZSE:003021) 5-Year Yield-on-Cost % : 0.25 (As of May. 11, 2024)


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What is Shenzhen Zhaowei Machinery & Electronics Co 5-Year Yield-on-Cost %?

Shenzhen Zhaowei Machinery & Electronics Co's yield on cost for the quarter that ended in Mar. 2024 was 0.25.


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

SZSE:003021' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 2.22
Current: 0.25


During the past 8 years, Shenzhen Zhaowei Machinery & Electronics Co's highest Yield on Cost was 2.22. The lowest was 0.18. And the median was 0.34.


SZSE:003021's 5-Year Yield-on-Cost % is ranked worse than
92.72% of 1854 companies
in the Industrial Products industry
Industry Median: 2.01 vs SZSE:003021: 0.25

Competitive Comparison of Shenzhen Zhaowei Machinery & Electronics Co's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Shenzhen Zhaowei Machinery & Electronics 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.


Shenzhen Zhaowei Machinery & Electronics Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Zhaowei Machinery & Electronics Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shenzhen Zhaowei Machinery & Electronics Co's 5-Year Yield-on-Cost % falls into.



Shenzhen Zhaowei Machinery & Electronics 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 Shenzhen Zhaowei Machinery & Electronics Co is calculated as

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

Shenzhen Zhaowei Machinery & Electronics Co  (SZSE:003021) 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.


Shenzhen Zhaowei Machinery & Electronics Co 5-Year Yield-on-Cost % Related Terms

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Shenzhen Zhaowei Machinery & Electronics Co (SZSE:003021) Business Description

Traded in Other Exchanges
N/A
Address
Yanhu Road, Yanluo Street, Room 101, Office Building 62, Yanchuan Community, Baoan District, Guangdong, Shenzhen, CHN, 518105
Shenzhen Zhaowei Machinery & Electronics Co Ltd is engaged in the research and development, production and sales of micro-drive systems, precision injection parts and precision molds. The product portfolio of the group include gearboxes, gear motor, DC motors, Linear actuator motors and others.

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