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Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048) 5-Year Yield-on-Cost % : 1.37 (As of Jun. 01, 2024)


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What is Zhejiang Liming Intelligent Manufacturing Co 5-Year Yield-on-Cost %?

Zhejiang Liming Intelligent Manufacturing Co's yield on cost for the quarter that ended in Mar. 2024 was 1.37.


The historical rank and industry rank for Zhejiang Liming Intelligent Manufacturing Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603048' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.03   Med: 1.26   Max: 1.79
Current: 1.37


During the past 7 years, Zhejiang Liming Intelligent Manufacturing Co's highest Yield on Cost was 1.79. The lowest was 1.03. And the median was 1.26.


SHSE:603048's 5-Year Yield-on-Cost % is ranked worse than
67.69% of 814 companies
in the Vehicles & Parts industry
Industry Median: 2.395 vs SHSE:603048: 1.37

Competitive Comparison of Zhejiang Liming Intelligent Manufacturing Co's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Zhejiang Liming Intelligent Manufacturing 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.


Zhejiang Liming Intelligent Manufacturing Co's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Liming Intelligent Manufacturing Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Liming Intelligent Manufacturing Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Liming Intelligent Manufacturing 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 Zhejiang Liming Intelligent Manufacturing Co is calculated as

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

Zhejiang Liming Intelligent Manufacturing Co  (SHSE:603048) 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.


Zhejiang Liming Intelligent Manufacturing Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048) Business Description

Traded in Other Exchanges
N/A
Address
Honglu Avenue, Xingang Park, Zhoushan High-tech Industrial Park, Zhejiang Province, Zhoushan, CHN, 316000
Zhejiang Liming Intelligent Manufacturing Co Ltd is engaged in the research and development, production and sales of auto parts.

Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048) Headlines

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