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Changzheng Engineering Technology Co (SHSE:603698) 5-Year Yield-on-Cost % : 0.77 (As of May. 25, 2024)


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What is Changzheng Engineering Technology Co 5-Year Yield-on-Cost %?

Changzheng Engineering Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.77.


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

SHSE:603698' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.13   Med: 0.68   Max: 1.05
Current: 0.77


During the past 13 years, Changzheng Engineering Technology Co's highest Yield on Cost was 1.05. The lowest was 0.13. And the median was 0.68.


SHSE:603698's 5-Year Yield-on-Cost % is ranked worse than
87.31% of 969 companies
in the Construction industry
Industry Median: 3.23 vs SHSE:603698: 0.77

Competitive Comparison of Changzheng Engineering Technology Co's 5-Year Yield-on-Cost %

For the Engineering & Construction subindustry, Changzheng Engineering Technology 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.


Changzheng Engineering Technology Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changzheng Engineering Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Changzheng Engineering Technology 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 Changzheng Engineering Technology Co is calculated as

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

Changzheng Engineering Technology Co  (SHSE:603698) 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.


Changzheng Engineering Technology Co 5-Year Yield-on-Cost % Related Terms

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Changzheng Engineering Technology Co (SHSE:603698) Business Description

Traded in Other Exchanges
N/A
Address
No. 141, Jinghai 4th Road, Beijing Economic and Technological Development Zone, Ludong District, Beijing, CHN, 101111
Changzheng Engineering Co Ltd is the National Technology Engineering Research Center for Pulverized Coal Pressurized Gasification in the industry. The company provides various services such as Simulation training, Driving service, Zero inventory service, Remote service, and others. Its project construction involves Ruixing Project, Xinjiang Manais 40/60 project, Ammonia plant with 300 thousand tons/year of Anhui Haoyuan Chemical Company, and others.

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