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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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What is China Machinery Huanyu Certification and Inspection Co 5-Year Yield-on-Cost %?

China Machinery Huanyu Certification and Inspection Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for China Machinery Huanyu Certification and Inspection Co's 5-Year Yield-on-Cost % or its related term are showing as below:



SZSE:301508's 5-Year Yield-on-Cost % is not ranked *
in the Business Services industry.
Industry Median: 3.45
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of China Machinery Huanyu Certification and Inspection Co's 5-Year Yield-on-Cost %

For the Specialty Business Services subindustry, China Machinery Huanyu Certification and Inspection 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.


China Machinery Huanyu Certification and Inspection Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Machinery Huanyu Certification and Inspection Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Machinery Huanyu Certification and Inspection Co's 5-Year Yield-on-Cost % falls into.



China Machinery Huanyu Certification and Inspection 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 China Machinery Huanyu Certification and Inspection Co is calculated as

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

China Machinery Huanyu Certification and Inspection Co  (SZSE:301508) 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.


China Machinery Huanyu Certification and Inspection Co 5-Year Yield-on-Cost % Related Terms

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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609
China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

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