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Songcheng Performance Development Co (SZSE:300144) 5-Year Yield-on-Cost %

: 0.42 (As of Today)
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Songcheng Performance Development Co's yield on cost for the quarter that ended in Sep. 2023 was 0.42.


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

SZSE:300144' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.15   Med: 0.39   Max: 1
Current: 0.42


During the past 13 years, Songcheng Performance Development Co's highest Yield on Cost was 1.00. The lowest was 0.15. And the median was 0.39.


SZSE:300144's 5-Year Yield-on-Cost % is ranked worse than
90.12% of 334 companies
in the Travel & Leisure industry
Industry Median: 2.43 vs SZSE:300144: 0.42

Competitive Comparison

For the Leisure subindustry, Songcheng Performance Development 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.


Songcheng Performance Development Co 5-Year Yield-on-Cost % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Songcheng Performance Development Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Songcheng Performance Development Co's 5-Year Yield-on-Cost % falls into.



Songcheng Performance Development 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 Songcheng Performance Development Co is calculated as

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

Songcheng Performance Development Co  (SZSE:300144) 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.


Songcheng Performance Development Co 5-Year Yield-on-Cost % Related Terms

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Songcheng Performance Development Co (SZSE:300144) Business Description

Traded in Other Exchanges
N/A
Address
148 River Road, Zhejiang Province, Hangzhou, CHN, 310008
Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of theme parks and tourism cultural shows in China. It has developed dozens of cultural entertainment projects including Songcheng Six Rooms and China Performing Arts Valley. In addition, the company has extended businesses in leisure tourism, live entertainment, and online entertainment, intending to create a performance empire that covers both online and offline traffic.

Songcheng Performance Development Co (SZSE:300144) Headlines

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