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China Leadshine Technology Co (SZSE:002979) 5-Year Yield-on-Cost % : 1.51 (As of May. 01, 2024)


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What is China Leadshine Technology Co 5-Year Yield-on-Cost %?

China Leadshine Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 1.51.


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

SZSE:002979' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.75   Med: 1.54   Max: 3.15
Current: 1.51


During the past 12 years, China Leadshine Technology Co's highest Yield on Cost was 3.15. The lowest was 0.75. And the median was 1.54.


SZSE:002979's 5-Year Yield-on-Cost % is ranked worse than
59.47% of 1853 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:002979: 1.51

Competitive Comparison of China Leadshine Technology Co's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, China Leadshine 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 Leadshine Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Leadshine Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Leadshine Technology Co's 5-Year Yield-on-Cost % falls into.



China Leadshine 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 Leadshine Technology Co is calculated as

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

China Leadshine Technology Co  (SZSE:002979) 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 Leadshine Technology Co 5-Year Yield-on-Cost % Related Terms

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China Leadshine Technology Co (SZSE:002979) Business Description

Traded in Other Exchanges
N/A
Address
1001 Xueyuan Avenue, Taoyuan Street, 9-11 Floor, Building A3, Nanshan Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518052
China Leadshine Technology Co Ltd is engaged in production, sales, research and development of motion control core components controllers, drivers, motors, and research and development of application systems in related industries. The company's product portfolio includes Bus driver, Digital stepper motor and driver, Closed-Loop Stepper Motors and Drivers, Hybrid servo system, Low voltage servo system, High-voltage AC servo system, Integrated motor, Accessories, and Motion Control Products.

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