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Shinkong Synthetic Fiber (TPE:1409) 5-Year Yield-on-Cost % : 7.79 (As of Dec. 15, 2024)


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What is Shinkong Synthetic Fiber 5-Year Yield-on-Cost %?

Shinkong Synthetic Fiber's yield on cost for the quarter that ended in Sep. 2024 was 7.79.


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

TPE:1409' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.08   Med: 10.57   Max: 20.9
Current: 7.79


During the past 13 years, Shinkong Synthetic Fiber's highest Yield on Cost was 20.90. The lowest was 4.08. And the median was 10.57.


TPE:1409's 5-Year Yield-on-Cost % is ranked better than
85.69% of 552 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.525 vs TPE:1409: 7.79

Competitive Comparison of Shinkong Synthetic Fiber's 5-Year Yield-on-Cost %

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shinkong Synthetic Fiber's 5-Year Yield-on-Cost % falls into.



Shinkong Synthetic Fiber 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 Shinkong Synthetic Fiber is calculated as

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

Shinkong Synthetic Fiber  (TPE:1409) 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.


Shinkong Synthetic Fiber 5-Year Yield-on-Cost % Related Terms

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Shinkong Synthetic Fiber Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

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