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Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) 5-Year Yield-on-Cost % : 0.14 (As of May. 24, 2024)


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What is Chongqing Zhengchuan Pharmaceutical Packaging Co 5-Year Yield-on-Cost %?

Chongqing Zhengchuan Pharmaceutical Packaging Co's yield on cost for the quarter that ended in Mar. 2024 was 0.14.


The historical rank and industry rank for Chongqing Zhengchuan Pharmaceutical Packaging Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603976' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.04   Med: 0.2   Max: 1.04
Current: 0.14


During the past 11 years, Chongqing Zhengchuan Pharmaceutical Packaging Co's highest Yield on Cost was 1.04. The lowest was 0.04. And the median was 0.20.


SHSE:603976's 5-Year Yield-on-Cost % is ranked worse than
99.2% of 250 companies
in the Packaging & Containers industry
Industry Median: 2.81 vs SHSE:603976: 0.14

Competitive Comparison of Chongqing Zhengchuan Pharmaceutical Packaging Co's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Chongqing Zhengchuan Pharmaceutical Packaging 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.


Chongqing Zhengchuan Pharmaceutical Packaging Co's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Chongqing Zhengchuan Pharmaceutical Packaging Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Chongqing Zhengchuan Pharmaceutical Packaging Co's 5-Year Yield-on-Cost % falls into.



Chongqing Zhengchuan Pharmaceutical Packaging 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 Chongqing Zhengchuan Pharmaceutical Packaging Co is calculated as

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

Chongqing Zhengchuan Pharmaceutical Packaging Co  (SHSE:603976) 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.


Chongqing Zhengchuan Pharmaceutical Packaging Co 5-Year Yield-on-Cost % Related Terms

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Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Business Description

Traded in Other Exchanges
N/A
Address
Longfeng bridge Street, Zhengchuan glass industrial park, Beibei District, Chongqing, CHN, 400700
Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd is a China-based company engages in the research, development, production, and sale of medicinal packaging materials such as medicinal glass tubes. It manufactures colorless and brown glass tubular injection bottles, oral liquid bottles, regulation glass tube screw mouth bottle, and ampoules.
Executives
Qin Feng Director
Xiao Qing Director
Sun Lian Yun Director
Jiang Feng An Director
Fan Yong Director
Li Zheng De Director
Deng Bu Jian Director
Deng Yong Director
Deng Bu Lin Director

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