Code Chain New Continent is a holding company. Through its subsidiaries, Co. focuses on the industrial solid waste recycling and comprehensive utilization. Co. has the following segments: research, development and sale of an array of solid waste recycling systems for the mining and industrial sectors; coal wholesales and sales of coke, steels, construction materials, mechanical equipment and steel scrap; and the research and development, production and sale of Zinc-rich coating materials. In addition, Co., through its subsidiary, Sichuan Wuge Network Games Co., Ltd., is developing Wuge Manor, a game that combines Internet of Things and e-commerce that is based on Code Chain platform. The CCNC average annual return since 2016 is shown above.
The Average Annual Return on the CCNC average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether CCNC average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CCNC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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