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Sungrow Power Supply Co (SZSE:300274) 5-Year Yield-on-Cost % : 0.62 (As of May. 03, 2024)


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What is Sungrow Power Supply Co 5-Year Yield-on-Cost %?

Sungrow Power Supply Co's yield on cost for the quarter that ended in Mar. 2024 was 0.62.


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

SZSE:300274' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 0.65   Max: 4.3
Current: 0.62


During the past 13 years, Sungrow Power Supply Co's highest Yield on Cost was 4.30. The lowest was 0.18. And the median was 0.65.


SZSE:300274's 5-Year Yield-on-Cost % is ranked worse than
81.07% of 1854 companies
in the Industrial Products industry
Industry Median: 2.07 vs SZSE:300274: 0.62

Competitive Comparison of Sungrow Power Supply Co's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Sungrow Power Supply 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.


Sungrow Power Supply Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungrow Power Supply Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sungrow Power Supply 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 Sungrow Power Supply Co is calculated as

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

Sungrow Power Supply Co  (SZSE:300274) 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.


Sungrow Power Supply Co 5-Year Yield-on-Cost % Related Terms

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Sungrow Power Supply Co (SZSE:300274) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088
China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

Sungrow Power Supply Co (SZSE:300274) Headlines

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