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Jiangsu Yanghe Brewery JSC (SZSE:002304) 5-Year Yield-on-Cost % : 5.02 (As of May. 03, 2024)


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What is Jiangsu Yanghe Brewery JSC 5-Year Yield-on-Cost %?

Jiangsu Yanghe Brewery JSC's yield on cost for the quarter that ended in Mar. 2024 was 5.02.


The historical rank and industry rank for Jiangsu Yanghe Brewery JSC's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:002304' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.58   Med: 3.04   Max: 6.79
Current: 5.02


During the past 13 years, Jiangsu Yanghe Brewery JSC's highest Yield on Cost was 6.79. The lowest was 1.58. And the median was 3.04.


SZSE:002304's 5-Year Yield-on-Cost % is ranked better than
65.1% of 149 companies
in the Beverages - Alcoholic industry
Industry Median: 3.39 vs SZSE:002304: 5.02

Competitive Comparison of Jiangsu Yanghe Brewery JSC's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Brewery JSC'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.


Jiangsu Yanghe Brewery JSC's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu Yanghe Brewery JSC's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangsu Yanghe Brewery JSC's 5-Year Yield-on-Cost % falls into.



Jiangsu Yanghe Brewery JSC 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 Jiangsu Yanghe Brewery JSC is calculated as

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

Jiangsu Yanghe Brewery JSC  (SZSE:002304) 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.


Jiangsu Yanghe Brewery JSC 5-Year Yield-on-Cost % Related Terms

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Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Jiangsu Yanghe Brewery JSC (SZSE:002304) Headlines

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