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Zhangjiagang Guangda Special Material Co (SHSE:688186) 5-Year Yield-on-Cost % : 0.39 (As of May. 02, 2024)


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What is Zhangjiagang Guangda Special Material Co 5-Year Yield-on-Cost %?

Zhangjiagang Guangda Special Material Co's yield on cost for the quarter that ended in Mar. 2024 was 0.39.


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

SHSE:688186' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.15   Med: 0.94   Max: 2.49
Current: 0.39


During the past 8 years, Zhangjiagang Guangda Special Material Co's highest Yield on Cost was 2.49. The lowest was 0.15. And the median was 0.94.


SHSE:688186's 5-Year Yield-on-Cost % is ranked worse than
91.06% of 358 companies
in the Steel industry
Industry Median: 3.395 vs SHSE:688186: 0.39

Competitive Comparison of Zhangjiagang Guangda Special Material Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's 5-Year Yield-on-Cost % falls into.



Zhangjiagang Guangda Special Material 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 Zhangjiagang Guangda Special Material Co is calculated as

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

Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.


Zhangjiagang Guangda Special Material Co 5-Year Yield-on-Cost % Related Terms

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Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description

Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.

Zhangjiagang Guangda Special Material Co (SHSE:688186) Headlines

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