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Smartgiant Technology Co (SHSE:688115) 5-Year Yield-on-Cost % : 2.10 (As of May. 27, 2024)


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

Smartgiant Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 2.10.


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

SHSE:688115' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.69   Med: 1.27   Max: 2.45
Current: 2.1


During the past 6 years, Smartgiant Technology Co's highest Yield on Cost was 2.45. The lowest was 0.69. And the median was 1.27.


SHSE:688115's 5-Year Yield-on-Cost % is ranked worse than
58.13% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs SHSE:688115: 2.10

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

For the Scientific & Technical Instruments subindustry, Smartgiant 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.


Smartgiant Technology Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Smartgiant 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 Smartgiant Technology Co is calculated as

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

Smartgiant Technology Co  (SHSE:688115) 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.


Smartgiant Technology Co 5-Year Yield-on-Cost % Related Terms

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Smartgiant Technology Co (SHSE:688115) Business Description

Traded in Other Exchanges
N/A
Address
No. 1003, Yayun Avenue, Room 101, 201, 301, 401, 501, Bu, Shiqi Town, Panyu District, Guangdong Province, Guangzhou, CHN, 511450
Smartgiant Technology Co Ltd is engaged in the research and development, design, production and sales of industrial automation testing products such as embedded intelligent instrument modules.
Executives
Qiu Yong Kui senior management

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