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Tsingtao Brewery Co (SHSE:600600) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 25, 2024)


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What is Tsingtao Brewery Co 5-Year Yield-on-Cost %?

Tsingtao Brewery Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Tsingtao Brewery Co's highest Yield on Cost was 1.68. The lowest was 0.50. And the median was 1.00.


SHSE:600600's 5-Year Yield-on-Cost % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 3.26
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tsingtao Brewery Co's 5-Year Yield-on-Cost %

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Tsingtao Brewery Co's 5-Year Yield-on-Cost % falls into.



Tsingtao Brewery 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 Tsingtao Brewery Co is calculated as

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

Tsingtao Brewery Co  (SHSE:600600) 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.


Tsingtao Brewery Co 5-Year Yield-on-Cost % Related Terms

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Tsingtao Brewery Co (SHSE:600600) Business Description

Traded in Other Exchanges
Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (SHSE:600600) Headlines

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