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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) 5-Year Yield-on-Cost %

: 1.32 (As of Today)
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Changjiang & Jinggong Steel Building (Group) Co's yield on cost for the quarter that ended in Sep. 2023 was 1.32.


The historical rank and industry rank for Changjiang & Jinggong Steel Building (Group) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600496' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 0.48   Max: 1.68
Current: 1.32


During the past 13 years, Changjiang & Jinggong Steel Building (Group) Co's highest Yield on Cost was 1.68. The lowest was 0.18. And the median was 0.48.


SHSE:600496's 5-Year Yield-on-Cost % is ranked worse than
79% of 957 companies
in the Construction industry
Industry Median: 3.29 vs SHSE:600496: 1.32

Competitive Comparison

For the Engineering & Construction subindustry, Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co 5-Year Yield-on-Cost % Distribution

For the Construction industry and Industrials sector, Changjiang & Jinggong Steel Building (Group) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Changjiang & Jinggong Steel Building (Group) Co's 5-Year Yield-on-Cost % falls into.



Changjiang & Jinggong Steel Building (Group) 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 Changjiang & Jinggong Steel Building (Group) Co is calculated as

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

Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.


Changjiang & Jinggong Steel Building (Group) Co 5-Year Yield-on-Cost % Related Terms

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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.

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