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China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) 5-Year Yield-on-Cost % : 8.72 (As of Apr. 29, 2024)


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What is China Resources Beer (Holdings) Co 5-Year Yield-on-Cost %?

China Resources Beer (Holdings) Co's yield on cost for the quarter that ended in Dec. 2023 was 8.72.


The historical rank and industry rank for China Resources Beer (Holdings) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

CRHKY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.16   Med: 4.41   Max: 11.09
Current: 8.72


During the past 13 years, China Resources Beer (Holdings) Co's highest Yield on Cost was 11.09. The lowest was 1.16. And the median was 4.41.


CRHKY's 5-Year Yield-on-Cost % is ranked better than
86.67% of 150 companies
in the Beverages - Alcoholic industry
Industry Median: 3.32 vs CRHKY: 8.72

Competitive Comparison of China Resources Beer (Holdings) Co's 5-Year Yield-on-Cost %

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) 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.


China Resources Beer (Holdings) Co's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's 5-Year Yield-on-Cost % falls into.



China Resources Beer (Holdings) 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 China Resources Beer (Holdings) Co is calculated as

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

China Resources Beer (Holdings) Co  (OTCPK:CRHKY) 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.


China Resources Beer (Holdings) Co 5-Year Yield-on-Cost % Related Terms

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China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

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