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China Development Bank Financial Leasing Co (HKSE:01606) 5-Year Yield-on-Cost % : 3.87 (As of May. 11, 2024)


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What is China Development Bank Financial Leasing Co 5-Year Yield-on-Cost %?

China Development Bank Financial Leasing Co's yield on cost for the quarter that ended in Dec. 2023 was 3.87.


The historical rank and industry rank for China Development Bank Financial Leasing Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:01606' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.45   Med: 8.52   Max: 11.77
Current: 3.87


During the past 11 years, China Development Bank Financial Leasing Co's highest Yield on Cost was 11.77. The lowest was 3.45. And the median was 8.52.


HKSE:01606's 5-Year Yield-on-Cost % is ranked better than
55.27% of 588 companies
in the Business Services industry
Industry Median: 3.475 vs HKSE:01606: 3.87

Competitive Comparison of China Development Bank Financial Leasing Co's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Development Bank Financial Leasing Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Development Bank Financial Leasing Co's 5-Year Yield-on-Cost % falls into.



China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co is calculated as

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

China Development Bank Financial Leasing Co  (HKSE:01606) 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 Development Bank Financial Leasing Co 5-Year Yield-on-Cost % Related Terms

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China Development Bank Financial Leasing Co (HKSE:01606) Business Description

Traded in Other Exchanges
Address
No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026
China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicle, and construction machinery. The operating business segments are Aircraft Leasing, Infrastructure Leasing, Ship Leasing, Inclusive Finance, and Other Leasing businesses. The activities of the company include finance lease business, accepting lease deposits, interbank lending, an project consultancy, and providing a guarantee.

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