GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Gaoce Technology Co Ltd (SHSE:688556) » Definitions » 5-Year Yield-on-Cost %

Qingdao Gaoce Technology Co (SHSE:688556) 5-Year Yield-on-Cost % : 5.65 (As of May. 27, 2024)


View and export this data going back to 2020. Start your Free Trial

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

Qingdao Gaoce Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 5.65.


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

SHSE:688556' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 5.77
Current: 5.65


During the past 10 years, Qingdao Gaoce Technology Co's highest Yield on Cost was 5.77. The lowest was 0.10. And the median was 0.25.


SHSE:688556's 5-Year Yield-on-Cost % is ranked better than
82.99% of 1870 companies
in the Industrial Products industry
Industry Median: 2.05 vs SHSE:688556: 5.65

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

For the Specialty Industrial Machinery subindustry, Qingdao Gaoce 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.


Qingdao Gaoce Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Gaoce Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Qingdao Gaoce 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 Qingdao Gaoce Technology Co is calculated as

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

Qingdao Gaoce Technology Co  (SHSE:688556) 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.


Qingdao Gaoce Technology Co 5-Year Yield-on-Cost % Related Terms

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


Qingdao Gaoce Technology Co (SHSE:688556) Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huoju Zhilu, High-tech Industrial Development Zone, Shandong Province, Qingdao, CHN, 266114
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
Executives
Duan Jing Bo Core technical personnel
Yu Wen Bo Supervisors
Wang Mu Ya Directors, senior managers
Zhang Lu Core technical personnel
Zhang Xiu Tao Directors, senior managers
Li Xue Yu Directors, senior managers
Yu Qun Core technical personnel
Xing Xu Core technical personnel
Jiang Shu Ming Director
Zhang Xu Director, core technical staff
Chou Jian Core technical personnel

Qingdao Gaoce Technology Co (SHSE:688556) Headlines

No Headlines