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Centre Testing International Group Co (SZSE:300012) 5-Year Yield-on-Cost % : 1.13 (As of May. 22, 2024)


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What is Centre Testing International Group Co 5-Year Yield-on-Cost %?

Centre Testing International Group Co's yield on cost for the quarter that ended in Mar. 2024 was 1.13.


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

SZSE:300012' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.24   Med: 0.94   Max: 3.16
Current: 1.13


During the past 13 years, Centre Testing International Group Co's highest Yield on Cost was 3.16. The lowest was 0.24. And the median was 0.94.


SZSE:300012's 5-Year Yield-on-Cost % is ranked worse than
86.44% of 590 companies
in the Business Services industry
Industry Median: 3.35 vs SZSE:300012: 1.13

Competitive Comparison of Centre Testing International Group Co's 5-Year Yield-on-Cost %

For the Consulting Services subindustry, Centre Testing International Group 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.


Centre Testing International Group Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Centre Testing International Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Centre Testing International Group Co's 5-Year Yield-on-Cost % falls into.



Centre Testing International Group 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 Centre Testing International Group Co is calculated as

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

Centre Testing International Group Co  (SZSE:300012) 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.


Centre Testing International Group Co 5-Year Yield-on-Cost % Related Terms

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Centre Testing International Group Co (SZSE:300012) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 3rd Road, Xin'an Street, Huajian Inspection Building, No. 4, Baoan District, Shenzhen, CHN
Centre Testing International Group Co Ltd is engaged in providing testing and certification services. It offers services including testing, calibration, inspection, certification and technical services.

Centre Testing International Group Co (SZSE:300012) Headlines

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