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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) 5-Year Yield-on-Cost % : 39.76 (As of May. 15, 2024)


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What is Shan Xi Hua Yang Group New Energy Co 5-Year Yield-on-Cost %?

Shan Xi Hua Yang Group New Energy Co's yield on cost for the quarter that ended in Mar. 2024 was 39.76.


The historical rank and industry rank for Shan Xi Hua Yang Group New Energy Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600348' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.41   Med: 17.72   Max: 77.81
Current: 39.76


During the past 13 years, Shan Xi Hua Yang Group New Energy Co's highest Yield on Cost was 77.81. The lowest was 4.41. And the median was 17.72.


SHSE:600348's 5-Year Yield-on-Cost % is ranked better than
78.05% of 82 companies
in the Other Energy Sources industry
Industry Median: 9.275 vs SHSE:600348: 39.76

Competitive Comparison of Shan Xi Hua Yang Group New Energy Co's 5-Year Yield-on-Cost %

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New 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.


Shan Xi Hua Yang Group New Energy Co's 5-Year Yield-on-Cost % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's 5-Year Yield-on-Cost % falls into.



Shan Xi Hua Yang Group New 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 Shan Xi Hua Yang Group New Energy Co is calculated as

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

Shan Xi Hua Yang Group New Energy Co  (SHSE:600348) 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.


Shan Xi Hua Yang Group New Energy Co 5-Year Yield-on-Cost % Related Terms

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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Taobei West Street, Mining District, Shanxi Province, Yangquan, CHN, 045000
Shan Xi Hua Yang Group New Energy Co Ltd, formerly Yang Quan Coal Industry (Group) Co Ltd is mainly engaged in coal mining, processing, and distribution as well as power generation and heat supply. The company has about 1.8 billion tons of recoverable coal reserves. In 2010, Yangquan produced 26.21 million tons of coal and distributed 45.38 million tons of coal.

Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Headlines

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