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China Zhenhua (Group) Science & Technology Co (SZSE:000733) 5-Year Yield-on-Cost % : 14.44 (As of Apr. 25, 2024)


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What is China Zhenhua (Group) Science & Technology Co 5-Year Yield-on-Cost %?

China Zhenhua (Group) Science & Technology Co's yield on cost for the quarter that ended in Sep. 2023 was 14.44.


The historical rank and industry rank for China Zhenhua (Group) Science & Technology Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:000733' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4   Med: 1.69   Max: 17.88
Current: 14.44


During the past 13 years, China Zhenhua (Group) Science & Technology Co's highest Yield on Cost was 17.88. The lowest was 0.40. And the median was 1.69.


SZSE:000733's 5-Year Yield-on-Cost % is ranked better than
93.06% of 1354 companies
in the Hardware industry
Industry Median: 2.845 vs SZSE:000733: 14.44

Competitive Comparison of China Zhenhua (Group) Science & Technology Co's 5-Year Yield-on-Cost %

For the Communication Equipment subindustry, China Zhenhua (Group) Science & Technology 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.


China Zhenhua (Group) Science & Technology Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Zhenhua (Group) Science & Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Zhenhua (Group) Science & Technology Co's 5-Year Yield-on-Cost % falls into.



China Zhenhua (Group) Science & Technology 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 China Zhenhua (Group) Science & Technology Co is calculated as

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

China Zhenhua (Group) Science & Technology Co  (SZSE:000733) 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.


China Zhenhua (Group) Science & Technology Co 5-Year Yield-on-Cost % Related Terms

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China Zhenhua (Group) Science & Technology Co (SZSE:000733) Business Description

Traded in Other Exchanges
N/A
Address
No. 268, North Section, Xin Tim Road, Wudang District, Guizhou Province, Guiyang, CHN, 550018
China Zhenhua (Group) Science & Technology Co Ltd operates in the electronic components business. The business activities are functioned through four sectors namely Electronic Components, Electronic Materials, Complete Machines and Systems, and Modern Service Industries. Geographically the business is functioned through the region of China.

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