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Hengtong Logistic Co (SHSE:603223) 5-Year Yield-on-Cost % : 4.24 (As of May. 02, 2024)


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What is Hengtong Logistic Co 5-Year Yield-on-Cost %?

Hengtong Logistic Co's yield on cost for the quarter that ended in Mar. 2024 was 4.24.


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

SHSE:603223' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 2.48   Max: 7.7
Current: 4.24


During the past 13 years, Hengtong Logistic Co's highest Yield on Cost was 7.70. The lowest was 0.05. And the median was 2.48.


SHSE:603223's 5-Year Yield-on-Cost % is ranked better than
57.28% of 625 companies
in the Transportation industry
Industry Median: 3.49 vs SHSE:603223: 4.24

Competitive Comparison of Hengtong Logistic Co's 5-Year Yield-on-Cost %

For the Trucking subindustry, Hengtong Logistic 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.


Hengtong Logistic Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hengtong Logistic Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hengtong Logistic 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 Hengtong Logistic Co is calculated as

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

Hengtong Logistic Co  (SHSE:603223) 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.


Hengtong Logistic Co 5-Year Yield-on-Cost % Related Terms

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Hengtong Logistic Co (SHSE:603223) Business Description

Traded in Other Exchanges
N/A
Address
Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.

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