GURUFOCUS.COM » STOCK LIST » Technology » Software » Sichuan Joyou Digital Technologies Co Ltd (SZSE:301172) » Definitions » 5-Year Yield-on-Cost %

Sichuan Joyou Digital Technologies Co (SZSE:301172) 5-Year Yield-on-Cost % : 0.46 (As of May. 22, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sichuan Joyou Digital Technologies Co 5-Year Yield-on-Cost %?

Sichuan Joyou Digital Technologies Co's yield on cost for the quarter that ended in Mar. 2024 was 0.46.


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

SZSE:301172' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36   Med: 0.45   Max: 0.53
Current: 0.46


During the past 10 years, Sichuan Joyou Digital Technologies Co's highest Yield on Cost was 0.53. The lowest was 0.36. And the median was 0.45.


SZSE:301172's 5-Year Yield-on-Cost % is ranked worse than
87.51% of 937 companies
in the Software industry
Industry Median: 2.17 vs SZSE:301172: 0.46

Competitive Comparison of Sichuan Joyou Digital Technologies Co's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Sichuan Joyou Digital Technologies 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.


Sichuan Joyou Digital Technologies Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Joyou Digital Technologies Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sichuan Joyou Digital Technologies Co's 5-Year Yield-on-Cost % falls into.



Sichuan Joyou Digital Technologies 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 Sichuan Joyou Digital Technologies Co is calculated as

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

Sichuan Joyou Digital Technologies Co  (SZSE:301172) 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.


Sichuan Joyou Digital Technologies Co 5-Year Yield-on-Cost % Related Terms

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


Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

Traded in Other Exchanges
N/A
Address
No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094
Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

Sichuan Joyou Digital Technologies Co (SZSE:301172) Headlines

No Headlines