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Hunan Yujing Machinery Co (SZSE:002943) 5-Year Yield-on-Cost % : 2.34 (As of Jun. 08, 2024)


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What is Hunan Yujing Machinery Co 5-Year Yield-on-Cost %?

Hunan Yujing Machinery Co's yield on cost for the quarter that ended in Mar. 2024 was 2.34.


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

SZSE:002943' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.2   Med: 0.33   Max: 2.34
Current: 2.34


During the past 11 years, Hunan Yujing Machinery Co's highest Yield on Cost was 2.34. The lowest was 0.20. And the median was 0.33.


SZSE:002943's 5-Year Yield-on-Cost % is ranked better than
53.03% of 1899 companies
in the Industrial Products industry
Industry Median: 2.14 vs SZSE:002943: 2.34

Competitive Comparison of Hunan Yujing Machinery Co's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Hunan Yujing Machinery 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.


Hunan Yujing Machinery Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Hunan Yujing Machinery 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 Hunan Yujing Machinery Co is calculated as

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

Hunan Yujing Machinery Co  (SZSE:002943) 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.


Hunan Yujing Machinery Co 5-Year Yield-on-Cost % Related Terms

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Hunan Yujing Machinery Co (SZSE:002943) Business Description

Traded in Other Exchanges
N/A
Address
No.341 North Maliang Road, Changchun Economic Development Zone, Hunan Province, Yiyang, CHN
Hunan Yujing Machinery Co Ltd specializes in developing and manufacturing lapping/polishing machines, multi-wire saws, and relevant spare parts. Yujing machines are uniquely designed for cutting, lapping, and polishing a wide variety of surfaces where flatness and ultra precision surface finish is critical. These materials include cover lens, solar wafer, magnetic material, sapphire,and other hard and fragile materials.
Executives
Luo Qun Qiang Director
Zhang Guo Qiu Directors, executives
Yang Yu Hong Director

Hunan Yujing Machinery Co (SZSE:002943) Headlines

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