GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zenner Metering Technology (Shanghai) Ltd (SZSE:301303) » Definitions » 5-Year Yield-on-Cost %

Zenner Metering Technology (Shanghai) (SZSE:301303) 5-Year Yield-on-Cost % : 1.24 (As of May. 29, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zenner Metering Technology (Shanghai) 5-Year Yield-on-Cost %?

Zenner Metering Technology (Shanghai)'s yield on cost for the quarter that ended in Mar. 2024 was 1.24.


The historical rank and industry rank for Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:301303' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.9   Med: 1.12   Max: 1.46
Current: 1.24


During the past 6 years, Zenner Metering Technology (Shanghai)'s highest Yield on Cost was 1.46. The lowest was 0.90. And the median was 1.12.


SZSE:301303's 5-Year Yield-on-Cost % is ranked worse than
65.4% of 1873 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:301303: 1.24

Competitive Comparison of Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Zenner Metering Technology (Shanghai)'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.


Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost % falls into.



Zenner Metering Technology (Shanghai) 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 Zenner Metering Technology (Shanghai) is calculated as

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

Zenner Metering Technology (Shanghai)  (SZSE:301303) 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.


Zenner Metering Technology (Shanghai) 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Zenner Metering Technology (Shanghai)'s 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zenner Metering Technology (Shanghai) (SZSE:301303) Business Description

Traded in Other Exchanges
N/A
Address
No. 6558 Yinggang East Road, Building 4, Qingpu District, Shanghai, CHN, 201703
Zenner Metering Technology (Shanghai) Ltd is engaged in the research and development, manufacture and sales of gas metering instruments and supporting products. The main products are wide-range series civil membrane gas meters and industrial and commercial membrane gas meters, NB-IoT IoT gas meters, wireless remote transmission gas meters, IC card smart gas meters, ultrasonic gas meters, ultrasonic flow meters, smart gas waist wheels Flow meter & turbine flow meter, IoT intelligent controller, bellows, ATM self-service payment system, Bluetooth smart card and iGasLink smart gas information cloud platform based on cloud service.

Zenner Metering Technology (Shanghai) (SZSE:301303) Headlines

No Headlines