GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Zheneng Jinjiang Environment Holding Co Ltd (FRA:3UG) » Definitions » 5-Year Yield-on-Cost %

Zheneng Jinjiang Environment Holding Co (FRA:3UG) 5-Year Yield-on-Cost % : 4.31 (As of May. 31, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Zheneng Jinjiang Environment Holding Co 5-Year Yield-on-Cost %?

Zheneng Jinjiang Environment Holding Co's yield on cost for the quarter that ended in Dec. 2023 was 4.31.


The historical rank and industry rank for Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:3UG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.68   Med: 8.79   Max: 11.86
Current: 4.31


During the past 11 years, Zheneng Jinjiang Environment Holding Co's highest Yield on Cost was 11.86. The lowest was 3.68. And the median was 8.79.


FRA:3UG's 5-Year Yield-on-Cost % is ranked better than
50% of 238 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.865 vs FRA:3UG: 4.31

Competitive Comparison of Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Zheneng Jinjiang Environment Holding 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.


Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost % falls into.



Zheneng Jinjiang Environment Holding 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 Zheneng Jinjiang Environment Holding Co is calculated as

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

Zheneng Jinjiang Environment Holding Co  (FRA:3UG) 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.


Zheneng Jinjiang Environment Holding Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Zheneng Jinjiang Environment Holding Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zheneng Jinjiang Environment Holding Co (FRA:3UG) Business Description

Traded in Other Exchanges
Address
1 Yinxiu Road, Level 19, Tower A, Hangyue Commercial Center, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310011
Zheneng Jinjiang Environment Holding Co Ltd is engaged in providing waste-to-energy recycling services. It mainly engaged in the generation and sales of electricity and steam, operation of waste-to-energy plants and project management, technical consulting and advisory services, and energy management contracting business. It has two reportable segments namely Waste-to-energy project construction and operation and Project technical and management service equipment selection and sale and EMC business. It generates a majority of its revenue from the Waste-to-energy project construction and operation segment. Its geographical segments include China, India, and other countries of which prime revenue is derived from China.

Zheneng Jinjiang Environment Holding Co (FRA:3UG) Headlines

No Headlines