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Ningbo Jintian Copper Group Co (SHSE:601609) 5-Year Yield-on-Cost %

: 1.44 (As of Today)
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Ningbo Jintian Copper Group Co's yield on cost for the quarter that ended in Sep. 2023 was 1.44.


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

SHSE:601609' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.82   Med: 1.36   Max: 2.4
Current: 1.44


During the past 10 years, Ningbo Jintian Copper Group Co's highest Yield on Cost was 2.40. The lowest was 0.82. And the median was 1.36.


SHSE:601609's 5-Year Yield-on-Cost % is ranked worse than
73.62% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs SHSE:601609: 1.44

Competitive Comparison

For the Copper subindustry, Ningbo Jintian Copper 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.


Ningbo Jintian Copper Group Co 5-Year Yield-on-Cost % Distribution

For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ningbo Jintian Copper Group Co's 5-Year Yield-on-Cost % falls into.



Ningbo Jintian Copper 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 Ningbo Jintian Copper Group Co is calculated as

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

Ningbo Jintian Copper Group Co  (SHSE:601609) 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.


Ningbo Jintian Copper Group Co 5-Year Yield-on-Cost % Related Terms

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Ningbo Jintian Copper Group Co (SHSE:601609) Business Description

Traded in Other Exchanges
N/A
Address
No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.

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