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Beijing Jingneng Clean Energy Co (HKSE:00579) 5-Year Yield-on-Cost % : 9.07 (As of May. 22, 2024)


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What is Beijing Jingneng Clean Energy Co 5-Year Yield-on-Cost %?

Beijing Jingneng Clean Energy Co's yield on cost for the quarter that ended in Dec. 2023 was 9.07.


The historical rank and industry rank for Beijing Jingneng Clean Energy Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:00579' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.47   Med: 9.97   Max: 12.52
Current: 9.07


During the past 13 years, Beijing Jingneng Clean Energy Co's highest Yield on Cost was 12.52. The lowest was 5.47. And the median was 9.97.


HKSE:00579's 5-Year Yield-on-Cost % is ranked better than
82.39% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.435 vs HKSE:00579: 9.07

Competitive Comparison of Beijing Jingneng Clean Energy Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy 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.


Beijing Jingneng Clean Energy Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Clean Energy Co's 5-Year Yield-on-Cost % falls into.



Beijing Jingneng Clean Energy 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 Beijing Jingneng Clean Energy Co is calculated as

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

Beijing Jingneng Clean Energy Co  (HKSE:00579) 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.


Beijing Jingneng Clean Energy Co 5-Year Yield-on-Cost % Related Terms

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Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Traded in Other Exchanges
Address
No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028
Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.

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