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China Gas Holdings (HKSE:00384) 5-Year Yield-on-Cost % : 14.46 (As of May. 12, 2024)


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What is China Gas Holdings 5-Year Yield-on-Cost %?

China Gas Holdings's yield on cost for the quarter that ended in Sep. 2023 was 14.46.


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

HKSE:00384' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.98   Med: 2.73   Max: 16.19
Current: 14.46


During the past 13 years, China Gas Holdings's highest Yield on Cost was 16.19. The lowest was 0.98. And the median was 2.73.


HKSE:00384's 5-Year Yield-on-Cost % is ranked better than
90.4% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.5 vs HKSE:00384: 14.46

Competitive Comparison of China Gas Holdings's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, China Gas Holdings'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 Gas Holdings's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Gas Holdings's 5-Year Yield-on-Cost % falls into.



China Gas Holdings 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 Gas Holdings is calculated as

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

China Gas Holdings  (HKSE:00384) 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 Gas Holdings 5-Year Yield-on-Cost % Related Terms

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China Gas Holdings (HKSE:00384) Business Description

Traded in Other Exchanges
Address
151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

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