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Shanghai Suochen Information Technology Co (SHSE:688507) 5-Year Yield-on-Cost % : 0.17 (As of May. 23, 2024)


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What is Shanghai Suochen Information Technology Co 5-Year Yield-on-Cost %?

Shanghai Suochen Information Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.17.


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

SHSE:688507' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 0.19
Current: 0.17


During the past 5 years, Shanghai Suochen Information Technology Co's highest Yield on Cost was 0.19. The lowest was 0.11. And the median was 0.13.


SHSE:688507's 5-Year Yield-on-Cost % is ranked worse than
95.41% of 937 companies
in the Software industry
Industry Median: 2.17 vs SHSE:688507: 0.17

Competitive Comparison of Shanghai Suochen Information Technology Co's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Shanghai Suochen Information Technology 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.


Shanghai Suochen Information Technology Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Suochen Information Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shanghai Suochen Information Technology Co's 5-Year Yield-on-Cost % falls into.



Shanghai Suochen Information Technology 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 Shanghai Suochen Information Technology Co is calculated as

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

Shanghai Suochen Information Technology Co  (SHSE:688507) 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.


Shanghai Suochen Information Technology Co 5-Year Yield-on-Cost % Related Terms

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Shanghai Suochen Information Technology Co (SHSE:688507) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Xinjinqiao Road, 2F, Building No. 13, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206
Shanghai Suochen Information Technology Co Ltd takes simulation to lead the future, achieve customer innovation as its corporate vision, and develops engineering simulation software and related solutions independently. Suochen Technology is a high-tech enterprise focusing on CAE software R&D, sales and service. Computer Aided Engineering (CAE) refers to the use of computer software to simulate the working status and behavior of products/engineering projects based on physical models in the product/engineering design stage to predict their functional availability, reliability, efficiency and safety. performance, etc., to achieve product/engineering design optimization, to ensure that the product/project achieves the expected function and meets various performance indicators.

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