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China Resources Power Holdings Co (China Resources Power Holdings Co) 5-Year Yield-on-Cost % : 2.74 (As of Apr. 26, 2024)


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What is China Resources Power Holdings Co 5-Year Yield-on-Cost %?

China Resources Power Holdings Co's yield on cost for the quarter that ended in Dec. 2023 was 2.74.


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

CRPJY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.85   Med: 3.27   Max: 6.8
Current: 2.74


During the past 13 years, China Resources Power Holdings Co's highest Yield on Cost was 6.80. The lowest was 0.85. And the median was 3.27.


CRPJY's 5-Year Yield-on-Cost % is ranked worse than
60.41% of 245 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.64 vs CRPJY: 2.74

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

For the Utilities - Independent Power Producers subindustry, China Resources Power 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 Power Holdings Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



China Resources Power 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 Power Holdings Co is calculated as

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

China Resources Power Holdings Co  (OTCPK:CRPJY) 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 Power Holdings Co 5-Year Yield-on-Cost % Related Terms

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

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines