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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 01, 2024)


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What is Xinjiang Tianye Waterving Irrigation System Co 5-Year Yield-on-Cost %?

Xinjiang Tianye Waterving Irrigation System Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Xinjiang Tianye Waterving Irrigation System Co's 5-Year Yield-on-Cost % or its related term are showing as below:



HKSE:00840's 5-Year Yield-on-Cost % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 2.485
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Xinjiang Tianye Waterving Irrigation System Co's 5-Year Yield-on-Cost %

For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System 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.


Xinjiang Tianye Waterving Irrigation System Co's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Tianye Waterving Irrigation System Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianye Waterving Irrigation System Co's 5-Year Yield-on-Cost % falls into.



Xinjiang Tianye Waterving Irrigation System 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 Xinjiang Tianye Waterving Irrigation System Co is calculated as

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

Xinjiang Tianye Waterving Irrigation System Co  (HKSE:00840) 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.


Xinjiang Tianye Waterving Irrigation System Co 5-Year Yield-on-Cost % Related Terms

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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Bei San Dong Road, Shihezi Economic and Technological Development Zone, Xinjiang, Shihezi, CHN, 832000
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
Executives
Ding Wei 2101 Beneficial owner
Wang Bing 2202 Interest of your spouse

Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Headlines

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