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Caina Technology Co (SZSE:301122) 5-Year Yield-on-Cost % : 2.02 (As of Jun. 17, 2024)


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

Caina Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 2.02.


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

SZSE:301122' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.41   Med: 0.83   Max: 2.26
Current: 2.02


During the past 7 years, Caina Technology Co's highest Yield on Cost was 2.26. The lowest was 0.41. And the median was 0.83.


SZSE:301122's 5-Year Yield-on-Cost % is ranked worse than
55.13% of 312 companies
in the Medical Devices & Instruments industry
Industry Median: 2.17 vs SZSE:301122: 2.02

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

For the Medical Instruments & Supplies subindustry, Caina 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.


Caina Technology Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Caina Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Caina 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 Caina Technology Co is calculated as

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

Caina Technology Co  (SZSE:301122) 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.


Caina Technology Co 5-Year Yield-on-Cost % Related Terms

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Caina Technology Co (SZSE:301122) Business Description

Traded in Other Exchanges
N/A
Address
No. 253 Chenglu Road, Huashi Town, Jiangsu Province, Jiangyin, CHN, 214421
Caina Technology Co Ltd is engaged in the research and development, production and sales of injection and puncture instruments and laboratory consumables.

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