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China Aerospace International Holdings (HKSE:00031) 5-Year Yield-on-Cost % : 6.93 (As of May. 18, 2024)


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What is China Aerospace International Holdings 5-Year Yield-on-Cost %?

China Aerospace International Holdings's yield on cost for the quarter that ended in Dec. 2023 was 6.93.


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

HKSE:00031' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.51   Med: 2.61   Max: 9.1
Current: 6.93


During the past 13 years, China Aerospace International Holdings's highest Yield on Cost was 9.10. The lowest was 0.51. And the median was 2.61.


HKSE:00031's 5-Year Yield-on-Cost % is ranked better than
80.32% of 1362 companies
in the Hardware industry
Industry Median: 2.735 vs HKSE:00031: 6.93

Competitive Comparison of China Aerospace International Holdings's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, China Aerospace International Holdings'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 Aerospace International Holdings's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Aerospace International Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Aerospace International Holdings's 5-Year Yield-on-Cost % falls into.



China Aerospace International Holdings 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 Aerospace International Holdings is calculated as

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

China Aerospace International Holdings  (HKSE:00031) 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 Aerospace International Holdings 5-Year Yield-on-Cost % Related Terms

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China Aerospace International Holdings (HKSE:00031) Business Description

Traded in Other Exchanges
Address
18 Tak Fung Street, Hung Hom, Room 1103-1107A, One Harbourfront, Kowloon, Hong Kong, HKG
China Aerospace International Holdings Ltd is an investment holding company engaged in the research and development, design, professional production, sales and services of the hi-tech manufacturing business such as plastic products, electronic products, power products and semiconductor products, it is also engaged in the segment like Aerospace Service Property investment. The business operation majorly functions through the region of Hong Kong.

China Aerospace International Holdings (HKSE:00031) Headlines

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