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Hengerda New Materials (Fujian) Co (SZSE:300946) 5-Year Yield-on-Cost % : 0.76 (As of Dec. 11, 2024)


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What is Hengerda New Materials (Fujian) Co 5-Year Yield-on-Cost %?

Hengerda New Materials (Fujian) Co's yield on cost for the quarter that ended in Sep. 2024 was 0.76.


The historical rank and industry rank for Hengerda New Materials (Fujian) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:300946' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4   Med: 0.84   Max: 1.48
Current: 0.76


During the past 7 years, Hengerda New Materials (Fujian) Co's highest Yield on Cost was 1.48. The lowest was 0.40. And the median was 0.84.


SZSE:300946's 5-Year Yield-on-Cost % is ranked worse than
74.72% of 1946 companies
in the Industrial Products industry
Industry Median: 1.895 vs SZSE:300946: 0.76

Competitive Comparison of Hengerda New Materials (Fujian) Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Hengerda New Materials (Fujian) 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.


Hengerda New Materials (Fujian) Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hengerda New Materials (Fujian) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hengerda New Materials (Fujian) Co's 5-Year Yield-on-Cost % falls into.



Hengerda New Materials (Fujian) 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 Hengerda New Materials (Fujian) Co is calculated as

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

Hengerda New Materials (Fujian) Co  (SZSE:300946) 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.


Hengerda New Materials (Fujian) Co 5-Year Yield-on-Cost % Related Terms

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Hengerda New Materials (Fujian) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Tingdaowei, Xindu Village, Xindu Plant, Xindu Town, Fujian, Putian, CHN
Hengerda New Materials (Fujian) Co Ltd is engaged in the research and development, production and sales of metal cutting tools such as die cutting tools, sawing tools, and cutting tools.

Hengerda New Materials (Fujian) Co Headlines

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