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Tongcheng Travel Holdings (HKSE:00780) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)


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What is Tongcheng Travel Holdings 5-Year Yield-on-Cost %?

Tongcheng Travel Holdings's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



HKSE:00780's 5-Year Yield-on-Cost % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.445
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tongcheng Travel Holdings's 5-Year Yield-on-Cost %

For the Travel Services subindustry, Tongcheng Travel 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.


Tongcheng Travel Holdings's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

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

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



Tongcheng Travel 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 Tongcheng Travel Holdings is calculated as

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

Tongcheng Travel Holdings  (HKSE:00780) 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.


Tongcheng Travel Holdings 5-Year Yield-on-Cost % Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Traded in Other Exchanges
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Tongcheng Travel Holdings (HKSE:00780) Headlines

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