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Zhuzhou CRRC Times Electric Co (HKSE:03898) 5-Year Yield-on-Cost % : 2.32 (As of May. 05, 2024)


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What is Zhuzhou CRRC Times Electric Co 5-Year Yield-on-Cost %?

Zhuzhou CRRC Times Electric Co's yield on cost for the quarter that ended in Dec. 2023 was 2.32.


The historical rank and industry rank for Zhuzhou CRRC Times Electric Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:03898' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.31   Med: 2.53   Max: 3.65
Current: 2.32


During the past 13 years, Zhuzhou CRRC Times Electric Co's highest Yield on Cost was 3.65. The lowest was 1.31. And the median was 2.53.


HKSE:03898's 5-Year Yield-on-Cost % is ranked worse than
64.85% of 623 companies
in the Transportation industry
Industry Median: 3.53 vs HKSE:03898: 2.32

Competitive Comparison of Zhuzhou CRRC Times Electric Co's 5-Year Yield-on-Cost %

For the Railroads subindustry, Zhuzhou CRRC Times Electric 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.


Zhuzhou CRRC Times Electric Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhuzhou CRRC Times Electric Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhuzhou CRRC Times Electric Co's 5-Year Yield-on-Cost % falls into.



Zhuzhou CRRC Times Electric 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 Zhuzhou CRRC Times Electric Co is calculated as

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

Zhuzhou CRRC Times Electric Co  (HKSE:03898) 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.


Zhuzhou CRRC Times Electric Co 5-Year Yield-on-Cost % Related Terms

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Zhuzhou CRRC Times Electric Co (HKSE:03898) Business Description

Traded in Other Exchanges
Address
No. 169 Times Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001
Zhuzhou CRRC Times Electric Co Ltd is a China-based company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The Company is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment. The Company operates in the domestic market and overseas markets.

Zhuzhou CRRC Times Electric Co (HKSE:03898) Headlines

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