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Beijing Tongtech Co (SZSE:300379) 5-Year Yield-on-Cost % : 0.30 (As of May. 23, 2024)


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What is Beijing Tongtech Co 5-Year Yield-on-Cost %?

Beijing Tongtech Co's yield on cost for the quarter that ended in Mar. 2024 was 0.30.


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

SZSE:300379' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.08   Med: 0.25   Max: 0.97
Current: 0.3


During the past 13 years, Beijing Tongtech Co's highest Yield on Cost was 0.97. The lowest was 0.08. And the median was 0.25.


SZSE:300379's 5-Year Yield-on-Cost % is ranked worse than
92.33% of 939 companies
in the Software industry
Industry Median: 2.22 vs SZSE:300379: 0.30

Competitive Comparison of Beijing Tongtech Co's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Beijing Tongtech 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.


Beijing Tongtech Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

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



Beijing Tongtech 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 Beijing Tongtech Co is calculated as

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

Beijing Tongtech Co  (SZSE:300379) 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.


Beijing Tongtech Co 5-Year Yield-on-Cost % Related Terms

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Beijing Tongtech Co (SZSE:300379) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Fengtai Road, Room 311, Main Building, Fengtai District, Beijing, CHN, 100080
Beijing Tongtech Co Ltd is a Chinese provider of next-generation software infrastructure and applications. It offers solutions such as middleware, information security, big data, wireless network optimization, mobile applications products, among others. The company offered products and solutions are used various industries including financial, communications, government, energy, and transportation.

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