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Zhonghang Electronic Measuring Instruments Co (SZSE:300114) 5-Year Yield-on-Cost % : 0.05 (As of May. 11, 2024)


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What is Zhonghang Electronic Measuring Instruments Co 5-Year Yield-on-Cost %?

Zhonghang Electronic Measuring Instruments Co's yield on cost for the quarter that ended in Mar. 2024 was 0.05.


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

SZSE:300114' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.04   Med: 0.24   Max: 0.51
Current: 0.05


During the past 13 years, Zhonghang Electronic Measuring Instruments Co's highest Yield on Cost was 0.51. The lowest was 0.04. And the median was 0.24.


SZSE:300114's 5-Year Yield-on-Cost % is ranked worse than
98.97% of 1361 companies
in the Hardware industry
Industry Median: 2.74 vs SZSE:300114: 0.05

Competitive Comparison of Zhonghang Electronic Measuring Instruments Co's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Zhonghang Electronic Measuring Instruments 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.


Zhonghang Electronic Measuring Instruments Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

* The bar in red indicates where Zhonghang Electronic Measuring Instruments Co's 5-Year Yield-on-Cost % falls into.



Zhonghang Electronic Measuring Instruments 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 Zhonghang Electronic Measuring Instruments Co is calculated as

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

Zhonghang Electronic Measuring Instruments Co  (SZSE:300114) 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.


Zhonghang Electronic Measuring Instruments Co 5-Year Yield-on-Cost % Related Terms

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Zhonghang Electronic Measuring Instruments Co (SZSE:300114) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 2, Hanzhong, CHN, 723007
Zhonghang Electronic Measuring Instruments Co Ltd develops, manufactures, and sells electronic measuring products. It offers strain gages, strain gage-based sensors, weighing indicators and software, testing and measuring systems for the aviation industry, automobile performance, and environmental detection systems, automobile driver intelligent training systems, remote networking regulatory network platform, on- board weighing control systems, automatic systems, and precision mechanical.

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