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Rayitek Hi-Tech Film Co (SHSE:688323) 5-Year Yield-on-Cost % : 0.60 (As of Apr. 25, 2024)


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What is Rayitek Hi-Tech Film Co 5-Year Yield-on-Cost %?

Rayitek Hi-Tech Film Co's yield on cost for the quarter that ended in Dec. 2023 was 0.60.


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

SHSE:688323' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.22   Med: 0.31   Max: 0.62
Current: 0.6


During the past 7 years, Rayitek Hi-Tech Film Co's highest Yield on Cost was 0.62. The lowest was 0.22. And the median was 0.31.


SHSE:688323's 5-Year Yield-on-Cost % is ranked worse than
88.12% of 1355 companies
in the Hardware industry
Industry Median: 2.88 vs SHSE:688323: 0.60

Competitive Comparison of Rayitek Hi-Tech Film Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Rayitek Hi-Tech Film 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.


Rayitek Hi-Tech Film Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rayitek Hi-Tech Film Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Rayitek Hi-Tech Film Co's 5-Year Yield-on-Cost % falls into.



Rayitek Hi-Tech Film 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 Rayitek Hi-Tech Film Co is calculated as

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

Rayitek Hi-Tech Film Co  (SHSE:688323) 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.


Rayitek Hi-Tech Film Co 5-Year Yield-on-Cost % Related Terms

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Rayitek Hi-Tech Film Co (SHSE:688323) Business Description

Traded in Other Exchanges
N/A
Address
Songgang Street Office, Huamei Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518105
Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.

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