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Zhejiang Lante Optics Co (SHSE:688127) 5-Year Yield-on-Cost % : 0.80 (As of Apr. 25, 2024)


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What is Zhejiang Lante Optics Co 5-Year Yield-on-Cost %?

Zhejiang Lante Optics Co's yield on cost for the quarter that ended in Sep. 2023 was 0.80.


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

SHSE:688127' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.56   Med: 0.78   Max: 1.16
Current: 0.8


During the past 8 years, Zhejiang Lante Optics Co's highest Yield on Cost was 1.16. The lowest was 0.56. And the median was 0.78.


SHSE:688127's 5-Year Yield-on-Cost % is ranked worse than
77.47% of 537 companies
in the Semiconductors industry
Industry Median: 2.04 vs SHSE:688127: 0.80

Competitive Comparison of Zhejiang Lante Optics Co's 5-Year Yield-on-Cost %

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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 Lante Optics Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Zhejiang Lante Optics 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 Lante Optics Co is calculated as

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

Zhejiang Lante Optics Co  (SHSE:688127) 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 Lante Optics Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Lante Optics Co (SHSE:688127) Business Description

Traded in Other Exchanges
N/A
Address
Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.

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