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Zhejiang Weixing Industrial Development Co (SZSE:002003) FCF Yield % : 0.87 (As of May. 15, 2024)


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What is Zhejiang Weixing Industrial Development Co FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Zhejiang Weixing Industrial Development Co's Trailing 12-Month Free Cash Flow is ¥131 Mil, and Market Cap is ¥14,990 Mil. Therefore, Zhejiang Weixing Industrial Development Co's FCF Yield % for today is 0.87%.

The historical rank and industry rank for Zhejiang Weixing Industrial Development Co's FCF Yield % or its related term are showing as below:

SZSE:002003' s FCF Yield % Range Over the Past 10 Years
Min: 0.1   Med: 3.04   Max: 11.1
Current: 0.87


During the past 13 years, the highest FCF Yield % of Zhejiang Weixing Industrial Development Co was 11.10%. The lowest was 0.10%. And the median was 3.04%.

SZSE:002003's FCF Yield % is ranked worse than
55.27% of 1073 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.33 vs SZSE:002003: 0.87

Zhejiang Weixing Industrial Development Co's FCF Margin % for the quarter that ended in Mar. 2024 was -11.77%.


Zhejiang Weixing Industrial Development Co FCF Yield % Historical Data

The historical data trend for Zhejiang Weixing Industrial Development Co's FCF Yield % 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.

* Premium members only.

Zhejiang Weixing Industrial Development Co FCF Yield % Chart

Zhejiang Weixing Industrial Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 5.31 1.81 0.58 0.13

Zhejiang Weixing Industrial Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.57 4.96 3.59 0.02 -3.07

Competitive Comparison of Zhejiang Weixing Industrial Development Co's FCF Yield %

For the Apparel Manufacturing subindustry, Zhejiang Weixing Industrial Development Co's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Zhejiang Weixing Industrial Development Co's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Weixing Industrial Development Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Industrial Development Co's FCF Yield % falls into.



Zhejiang Weixing Industrial Development Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Zhejiang Weixing Industrial Development Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=16.405 / 12686.5795
=0.13%

Zhejiang Weixing Industrial Development Co's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-94.255 * 4 / 12265.6423
=-3.07%

* 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.


Zhejiang Weixing Industrial Development Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Zhejiang Weixing Industrial Development Co FCF Yield % Related Terms

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Zhejiang Weixing Industrial Development Co (SZSE:002003) Business Description

Traded in Other Exchanges
N/A
Address
Garden Industrial Zone, Zhejiang Province, Linhai, CHN, 317025
Zhejiang Weixing Industrial Development Co Ltd is engaged in the R&D, manufacture and distribution of buttons, zippers, metal products and other clothing accessories in China.

Zhejiang Weixing Industrial Development Co (SZSE:002003) Headlines

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