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Jinko Solar Co (SHSE:688223) 5-Year Yield-on-Cost % : 1.18 (As of May. 04, 2024)


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What is Jinko Solar Co 5-Year Yield-on-Cost %?

Jinko Solar Co's yield on cost for the quarter that ended in Mar. 2024 was 1.18.


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

SHSE:688223' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.12   Med: 0.17   Max: 1.19
Current: 1.18


During the past 13 years, Jinko Solar Co's highest Yield on Cost was 1.19. The lowest was 0.12. And the median was 0.17.


SHSE:688223's 5-Year Yield-on-Cost % is ranked worse than
64.31% of 538 companies
in the Semiconductors industry
Industry Median: 1.83 vs SHSE:688223: 1.18

Competitive Comparison of Jinko Solar Co's 5-Year Yield-on-Cost %

For the Solar subindustry, Jinko Solar 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.


Jinko Solar Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jinko Solar Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jinko Solar Co's 5-Year Yield-on-Cost % falls into.



Jinko Solar 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 Jinko Solar Co is calculated as

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

Jinko Solar Co  (SHSE:688223) 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.


Jinko Solar Co 5-Year Yield-on-Cost % Related Terms

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Jinko Solar Co (SHSE:688223) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jinke Avenue, Economic Development Zone, Jiangxi Province, Shangrao City, CHN, 334000
Jinko Solar Co Ltd is engaged in the research and development, production and sales of solar photovoltaic modules, cells and silicon wafers.

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