Shandong Hi-tech Spring Material Technology Co (SZSE:301292) FCF Margin % : -34.99% (As of Mar. 2024)

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What is Shandong Hi-tech Spring Material Technology Co FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Shandong Hi-tech Spring Material Technology Co's Free Cash Flow for the three months ended in Mar. 2024 was ¥-300 Mil. Shandong Hi-tech Spring Material Technology Co's Revenue for the three months ended in Mar. 2024 was ¥859 Mil. Therefore, Shandong Hi-tech Spring Material Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was -34.99%.

As of today, Shandong Hi-tech Spring Material Technology Co's current FCF Yield % is -35.82%.

The historical rank and industry rank for Shandong Hi-tech Spring Material Technology Co's FCF Margin % or its related term are showing as below:

SZSE:301292' s FCF Margin % Range Over the Past 10 Years
Min: -33.19 Med: -15.33 Max: 7.15
Current: -30.11

During the past 6 years, the highest FCF Margin % of Shandong Hi-tech Spring Material Technology Co was 7.15%. The lowest was -33.19%. And the median was -15.33%.

SZSE:301292's FCF Margin % is ranked worse than
89.87% of 1530 companies
in the Chemicals industry
Industry Median: 1.26 vs SZSE:301292: -30.11

Shandong Hi-tech Spring Material Technology Co FCF Margin % Historical Data

The historical data trend for Shandong Hi-tech Spring Material 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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Shandong Hi-tech Spring Material Technology Co FCF Margin % Chart

Shandong Hi-tech Spring Material Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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-17.16

-13.50

-0.94

-29.55

-33.19

Shandong Hi-tech Spring Material Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial										-48.92	-28.28	-28.24	-28.96	-34.99

Competitive Comparison of Shandong Hi-tech Spring Material Technology Co's FCF Margin %

For the Chemicals subindustry, Shandong Hi-tech Spring Material 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.

Shandong Hi-tech Spring Material Technology Co's FCF Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hi-tech Spring Material Technology Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Hi-tech Spring Material Technology Co's FCF Margin % falls into.

Shandong Hi-tech Spring Material Technology Co FCF Margin % Calculation

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

Shandong Hi-tech Spring Material 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 )
	=	-1115.945	/	3362.584
	=	-33.19 %

Shandong Hi-tech Spring Material 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 )
	=	-300.431	/	858.562
	=	-34.99 %

Shandong Hi-tech Spring Material Technology Co FCF Margin % Related Terms

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Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Hi-tech Spring Material Technology Co Ltd (SZSE:301292) » Definitions » FCF Margin %

Traded in Other Exchanges

N/A

Address

No. 23, Zoucheng Road, Dongying High-tech Industrial Development Zone, Shandong Province, Dongying, CHN, 257000

Website

https://www.hi-techspring.com

Shandong Hi-tech Spring Material Technology Co Ltd is engaged in the research and development, production and sales of carbonate series lithium-ion battery electrolyte solvents and fine chemicals such as high-end propylene glycol and isopropanol.

Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Headlines

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