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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) 5-Year Yield-on-Cost % : 0.63 (As of May. 05, 2024)


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What is Zhejiang Guyuelongshan Shaoxing Wine Co 5-Year Yield-on-Cost %?

Zhejiang Guyuelongshan Shaoxing Wine Co's yield on cost for the quarter that ended in Mar. 2024 was 0.63.


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

SHSE:600059' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.27   Med: 0.65   Max: 1.08
Current: 0.63


During the past 13 years, Zhejiang Guyuelongshan Shaoxing Wine Co's highest Yield on Cost was 1.08. The lowest was 0.27. And the median was 0.65.


SHSE:600059's 5-Year Yield-on-Cost % is ranked worse than
91.89% of 148 companies
in the Beverages - Alcoholic industry
Industry Median: 3.385 vs SHSE:600059: 0.63

Competitive Comparison of Zhejiang Guyuelongshan Shaoxing Wine Co's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, Zhejiang Guyuelongshan Shaoxing Wine 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.


Zhejiang Guyuelongshan Shaoxing Wine Co's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Zhejiang Guyuelongshan Shaoxing Wine Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Guyuelongshan Shaoxing Wine Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co is calculated as

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

Zhejiang Guyuelongshan Shaoxing Wine Co  (SHSE:600059) 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.


Zhejiang Guyuelongshan Shaoxing Wine Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Traded in Other Exchanges
N/A
Address
Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.

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