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Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) 5-Year Yield-on-Cost % : 2.50 (As of May. 04, 2024)


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What is Qingdao Hiron Commercial Cold Chain Co 5-Year Yield-on-Cost %?

Qingdao Hiron Commercial Cold Chain Co's yield on cost for the quarter that ended in Mar. 2024 was 2.50.


The historical rank and industry rank for Qingdao Hiron Commercial Cold Chain Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603187' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.61   Med: 1.1   Max: 2.81
Current: 2.5


During the past 12 years, Qingdao Hiron Commercial Cold Chain Co's highest Yield on Cost was 2.81. The lowest was 0.61. And the median was 1.10.


SHSE:603187's 5-Year Yield-on-Cost % is ranked better than
56.46% of 1849 companies
in the Industrial Products industry
Industry Median: 2.07 vs SHSE:603187: 2.50

Competitive Comparison of Qingdao Hiron Commercial Cold Chain Co's 5-Year Yield-on-Cost %

For the Business Equipment & Supplies subindustry, Qingdao Hiron Commercial Cold Chain 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.


Qingdao Hiron Commercial Cold Chain Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Hiron Commercial Cold Chain Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Qingdao Hiron Commercial Cold Chain Co's 5-Year Yield-on-Cost % falls into.



Qingdao Hiron Commercial Cold Chain 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 Qingdao Hiron Commercial Cold Chain Co is calculated as

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

Qingdao Hiron Commercial Cold Chain Co  (SHSE:603187) 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.


Qingdao Hiron Commercial Cold Chain Co 5-Year Yield-on-Cost % Related Terms

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Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Traded in Other Exchanges
N/A
Address
No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

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