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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) 5-Year Yield-on-Cost % : 7.62 (As of May. 03, 2024)


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What is Zhejiang Jingsheng Mechanical and Electrical Co 5-Year Yield-on-Cost %?

Zhejiang Jingsheng Mechanical and Electrical Co's yield on cost for the quarter that ended in Mar. 2024 was 7.62.


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

SZSE:300316' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.92   Med: 2.69   Max: 22.24
Current: 7.62


During the past 13 years, Zhejiang Jingsheng Mechanical and Electrical Co's highest Yield on Cost was 22.24. The lowest was 0.92. And the median was 2.69.


SZSE:300316's 5-Year Yield-on-Cost % is ranked better than
85.34% of 539 companies
in the Semiconductors industry
Industry Median: 1.83 vs SZSE:300316: 7.62

Competitive Comparison of Zhejiang Jingsheng Mechanical and Electrical Co's 5-Year Yield-on-Cost %

For the Semiconductor Equipment & Materials subindustry, Zhejiang Jingsheng Mechanical and Electrical 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.


Zhejiang Jingsheng Mechanical and Electrical Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Zhejiang Jingsheng Mechanical and Electrical Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Jingsheng Mechanical and Electrical 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 Zhejiang Jingsheng Mechanical and Electrical Co is calculated as

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

Zhejiang Jingsheng Mechanical and Electrical Co  (SZSE:300316) 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.


Zhejiang Jingsheng Mechanical and Electrical Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Business Description

Traded in Other Exchanges
N/A
Address
No.218 West Tongjiang Road, Economic Development Zone, Zhejiang Province, Shangyu District, Shaoxing, CHN, 312300
Zhejiang Jingsheng Mechanical and Electrical Co Ltd is a China-based company engaged in the equipment research and development, manufacturing and marketing for semiconductor and photovoltaic material industry. Its products include automatic CZ crystalline growing furnace, and others, which are applied in semiconductor, PV field, IGBT power device, LED photoelectron and sapphire window material, and other areas. The company supplies and provides equipment and sapphire crystal material of semiconductor silicon material, PV silicon material LED detection and lighting and others.

Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Headlines

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