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Hainan Strait Shipping Co (SZSE:002320) 5-Year Yield-on-Cost % : 0.92 (As of May. 12, 2024)


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What is Hainan Strait Shipping Co 5-Year Yield-on-Cost %?

Hainan Strait Shipping Co's yield on cost for the quarter that ended in Mar. 2024 was 0.92.


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

SZSE:002320' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.08   Med: 1.25   Max: 4.95
Current: 0.92


During the past 13 years, Hainan Strait Shipping Co's highest Yield on Cost was 4.95. The lowest was 0.08. And the median was 1.25.


SZSE:002320's 5-Year Yield-on-Cost % is ranked worse than
87.24% of 627 companies
in the Transportation industry
Industry Median: 3.51 vs SZSE:002320: 0.92

Competitive Comparison of Hainan Strait Shipping Co's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Hainan Strait Shipping 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.


Hainan Strait Shipping Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Strait Shipping Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hainan Strait Shipping 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 Hainan Strait Shipping Co is calculated as

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

Hainan Strait Shipping Co  (SZSE:002320) 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.


Hainan Strait Shipping Co 5-Year Yield-on-Cost % Related Terms

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Hainan Strait Shipping Co (SZSE:002320) Business Description

Traded in Other Exchanges
N/A
Address
East Ocean Building, 7th Floor, Binhai Road, Haikou, CHN, 570311
Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.

Hainan Strait Shipping Co (SZSE:002320) Headlines

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