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Zhengzhou Qianweiyangchu Food Co (SZSE:001215) 5-Year Yield-on-Cost % : 0.48 (As of Apr. 26, 2024)


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What is Zhengzhou Qianweiyangchu Food Co 5-Year Yield-on-Cost %?

Zhengzhou Qianweiyangchu Food Co's yield on cost for the quarter that ended in Sep. 2023 was 0.48.


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

SZSE:001215' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.19   Med: 0.27   Max: 0.49
Current: 0.48


During the past 6 years, Zhengzhou Qianweiyangchu Food Co's highest Yield on Cost was 0.49. The lowest was 0.19. And the median was 0.27.


SZSE:001215's 5-Year Yield-on-Cost % is ranked worse than
91.51% of 1096 companies
in the Consumer Packaged Goods industry
Industry Median: 2.83 vs SZSE:001215: 0.48

Competitive Comparison of Zhengzhou Qianweiyangchu Food Co's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, Zhengzhou Qianweiyangchu Food 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.


Zhengzhou Qianweiyangchu Food Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhengzhou Qianweiyangchu Food Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhengzhou Qianweiyangchu Food Co's 5-Year Yield-on-Cost % falls into.



Zhengzhou Qianweiyangchu Food 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 Zhengzhou Qianweiyangchu Food Co is calculated as

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

Zhengzhou Qianweiyangchu Food Co  (SZSE:001215) 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.


Zhengzhou Qianweiyangchu Food Co 5-Year Yield-on-Cost % Related Terms

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Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Business Description

Traded in Other Exchanges
N/A
Address
Zhengzhou High-tech Zone, No. 2, Hongfengli, Henan Province, Zhengzhou, CHN, 450001
Zhengzhou Qianwei Central Kitchen Food Co Ltd is engaged in production and sales of quick-frozen noodle products for catering companies.

Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Headlines

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