GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fujian Haixia Environmental Protection Group Co Ltd (SHSE:603817) » Definitions » 5-Year Yield-on-Cost %

Fujian Haixia Environmental Protection Group Co (SHSE:603817) 5-Year Yield-on-Cost % : 2.45 (As of Jun. 10, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Fujian Haixia Environmental Protection Group Co 5-Year Yield-on-Cost %?

Fujian Haixia Environmental Protection Group Co's yield on cost for the quarter that ended in Mar. 2024 was 2.45.


The historical rank and industry rank for Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603817' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.56   Med: 1.84   Max: 4.56
Current: 2.45


During the past 12 years, Fujian Haixia Environmental Protection Group Co's highest Yield on Cost was 4.56. The lowest was 0.56. And the median was 1.84.


SHSE:603817's 5-Year Yield-on-Cost % is ranked worse than
75.75% of 433 companies
in the Utilities - Regulated industry
Industry Median: 4.56 vs SHSE:603817: 2.45

Competitive Comparison of Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Water subindustry, Fujian Haixia Environmental Protection Group 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.


Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost % falls into.



Fujian Haixia Environmental Protection Group 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 Fujian Haixia Environmental Protection Group Co is calculated as

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

Fujian Haixia Environmental Protection Group Co  (SHSE:603817) 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.


Fujian Haixia Environmental Protection Group Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Fujian Haixia Environmental Protection Group Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Haixia Environmental Protection Group Co (SHSE:603817) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Yangli Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014
Fujian Haixia Environmental Protection Group Co Ltd is a Chinese company engaged in the businesses of sewage treatment and its recycling; investment, construction, management and maintenance of sewage treatment plant and sewage collection, treatment and discharge facilities; consultation and design of water supply and drainage engineering; equipment sales and installation; sewage treatment and sludge treatment, development. In addition, it is also involved in the business of technology transfer; training and appraisal of urban sewage treatment workers; water pollution control; and solid waste treatment and power generation.

Fujian Haixia Environmental Protection Group Co (SHSE:603817) Headlines

No Headlines