GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nantong Acetic Acid Chemical Co Ltd (SHSE:603968) » Definitions » 5-Year Yield-on-Cost %

Nantong Acetic Acid Chemical Co (SHSE:603968) 5-Year Yield-on-Cost % : 10.10 (As of May. 22, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Nantong Acetic Acid Chemical Co 5-Year Yield-on-Cost %?

Nantong Acetic Acid Chemical Co's yield on cost for the quarter that ended in Mar. 2024 was 10.10.


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

SHSE:603968' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.05   Med: 4.69   Max: 13.93
Current: 10.1


During the past 13 years, Nantong Acetic Acid Chemical Co's highest Yield on Cost was 13.93. The lowest was 1.05. And the median was 4.69.


SHSE:603968's 5-Year Yield-on-Cost % is ranked better than
91.02% of 1047 companies
in the Chemicals industry
Industry Median: 2.29 vs SHSE:603968: 10.10

Competitive Comparison of Nantong Acetic Acid Chemical Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Nantong Acetic Acid Chemical 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.


Nantong Acetic Acid Chemical Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantong Acetic Acid Chemical Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nantong Acetic Acid Chemical Co's 5-Year Yield-on-Cost % falls into.



Nantong Acetic Acid Chemical 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 Nantong Acetic Acid Chemical Co is calculated as

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

Nantong Acetic Acid Chemical Co  (SHSE:603968) 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.


Nantong Acetic Acid Chemical Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Nantong Acetic Acid Chemical Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nantong Acetic Acid Chemical Co (SHSE:603968) Business Description

Traded in Other Exchanges
N/A
Address
Nantong Economic and Technological Development Zone, 968 Jiangshan Road, Jiangsu, CHN, 226009
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.

Nantong Acetic Acid Chemical Co (SHSE:603968) Headlines

No Headlines