Ningbo TIP Rubber Technology Co (SHSE:605255) FCF Margin % : 11.22% (As of Mar. 2024)

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What is Ningbo TIP Rubber Technology Co FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Ningbo TIP Rubber Technology Co's Free Cash Flow for the three months ended in Mar. 2024 was ¥10.0 Mil. Ningbo TIP Rubber Technology Co's Revenue for the three months ended in Mar. 2024 was ¥89.5 Mil. Therefore, Ningbo TIP Rubber Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was 11.22%.

As of today, Ningbo TIP Rubber Technology Co's current FCF Yield % is 2.40%.

The historical rank and industry rank for Ningbo TIP Rubber Technology Co's FCF Margin % or its related term are showing as below:

SHSE:605255' s FCF Margin % Range Over the Past 10 Years
Min: -23.8 Med: 7.93 Max: 15.46
Current: 12.29

During the past 8 years, the highest FCF Margin % of Ningbo TIP Rubber Technology Co was 15.46%. The lowest was -23.80%. And the median was 7.93%.

SHSE:605255's FCF Margin % is ranked better than
89.47% of 1292 companies
in the Vehicles & Parts industry
Industry Median: 1.59 vs SHSE:605255: 12.29

Ningbo TIP Rubber Technology Co FCF Margin % Historical Data

The historical data trend for Ningbo TIP Rubber Technology Co's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ningbo TIP Rubber Technology Co FCF Margin % Chart

Ningbo TIP Rubber Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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4.45

-11.78

-23.80

-20.48

15.46

Ningbo TIP Rubber Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial															24.29	-28.12	16.62	43.70	11.22

Competitive Comparison of Ningbo TIP Rubber Technology Co's FCF Margin %

For the Auto Parts subindustry, Ningbo TIP Rubber Technology Co's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.

Ningbo TIP Rubber Technology Co's FCF Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo TIP Rubber Technology Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo TIP Rubber Technology Co's FCF Margin % falls into.

Ningbo TIP Rubber Technology Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Ningbo TIP Rubber Technology Co's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	53.844	/	348.385
	=	15.46 %

Ningbo TIP Rubber Technology Co's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	10.043	/	89.544
	=	11.22 %

Ningbo TIP Rubber Technology Co FCF Margin % Related Terms

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Ningbo TIP Rubber Technology Co (SHSE:605255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo TIP Rubber Technology Co Ltd (SHSE:605255) » Definitions » FCF Margin %

Traded in Other Exchanges

N/A

Address

No. 5, Jinlong Road, Taoyuan Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315600

Website

http://www.tipgroupm.com

Ningbo TIP Rubber Technology Co Ltd is engaged in production and sales of automotive polymer fluid piping system and sealing system parts and assemblies. The company's products include Water hose; Fuel hose; Moulded part; Assembly; Rubber compound; metal processing / plastic part; and Hydraulic hose.

Ningbo TIP Rubber Technology Co (SHSE:605255) Headlines

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