Yantai Jereh Oilfield Services Group Co (SZSE:002353) FCF Yield % : -0.91 (As of May. 03, 2024)

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What is Yantai Jereh Oilfield Services Group 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, Yantai Jereh Oilfield Services Group Co's Trailing 12-Month Free Cash Flow is ¥-300 Mil, and Market Cap is ¥32,702 Mil. Therefore, Yantai Jereh Oilfield Services Group Co's FCF Yield % for today is -0.91%.

The historical rank and industry rank for Yantai Jereh Oilfield Services Group Co's FCF Yield % or its related term are showing as below:

SZSE:002353' s FCF Yield % Range Over the Past 10 Years
Min: -5.16 Med: -0.48 Max: 3.02
Current: -0.91

During the past 13 years, the highest FCF Yield % of Yantai Jereh Oilfield Services Group Co was 3.02%. The lowest was -5.16%. And the median was -0.48%.

SZSE:002353's FCF Yield % is ranked worse than
57.67% of 1082 companies
in the Oil & Gas industry
Industry Median: 1.945 vs SZSE:002353: -0.91

Yantai Jereh Oilfield Services Group Co's FCF Margin % for the quarter that ended in Mar. 2024 was -1.32%.

Yantai Jereh Oilfield Services Group Co FCF Yield % Historical Data

The historical data trend for Yantai Jereh Oilfield Services Group 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.

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Yantai Jereh Oilfield Services Group Co FCF Yield % Chart

Yantai Jereh Oilfield Services Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-0.79

-0.70

1.16

-1.81

-2.30

Yantai Jereh Oilfield Services Group 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															-5.37	-14.81	-6.85	17.28	-0.36

Competitive Comparison of Yantai Jereh Oilfield Services Group Co's FCF Yield %

For the Oil & Gas Equipment & Services subindustry, Yantai Jereh Oilfield Services Group 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.

Yantai Jereh Oilfield Services Group Co's FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yantai Jereh Oilfield Services Group Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Yantai Jereh Oilfield Services Group Co's FCF Yield % falls into.

Yantai Jereh Oilfield Services Group 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.

Yantai Jereh Oilfield Services Group Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-661.779	/	28780.7046
	=	-2.30%

Yantai Jereh Oilfield Services Group 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
	=	-28.071	*	4	/	31002.4808
	=	-0.36%

Yantai Jereh Oilfield Services Group 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.

Yantai Jereh Oilfield Services Group Co FCF Yield % Related Terms

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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yantai Jereh Oilfield Services Group Co Ltd (SZSE:002353) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 7,Aucma Street, Laishan District, Shandong Province, Yantai, CHN, 264003

Website

http://www.jereh.com

Yantai Jereh Oilfield Services Group Co Ltd is a China-based company engaged in the manufacturing of oilfield equipment and the provision of oilfield services. It is engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The company conducts its businesses within domestic and overseas markets.

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