Jiangsu Rainbow Heavy Industries Co (SZSE:002483) FCF Yield % : -23.07 (As of May. 23, 2024)

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What is Jiangsu Rainbow Heavy Industries 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, Jiangsu Rainbow Heavy Industries Co's Trailing 12-Month Free Cash Flow is ¥-1,029 Mil, and Market Cap is ¥4,459 Mil. Therefore, Jiangsu Rainbow Heavy Industries Co's FCF Yield % for today is -23.07%.

The historical rank and industry rank for Jiangsu Rainbow Heavy Industries Co's FCF Yield % or its related term are showing as below:

SZSE:002483' s FCF Yield % Range Over the Past 10 Years
Min: -24.78 Med: -0.12 Max: 54.51
Current: -23.07

During the past 13 years, the highest FCF Yield % of Jiangsu Rainbow Heavy Industries Co was 54.51%. The lowest was -24.78%. And the median was -0.12%.

SZSE:002483's FCF Yield % is ranked worse than
92.66% of 3026 companies
in the Industrial Products industry
Industry Median: 0.6 vs SZSE:002483: -23.07

Jiangsu Rainbow Heavy Industries Co's FCF Margin % for the quarter that ended in Mar. 2024 was -31.39%.

Jiangsu Rainbow Heavy Industries Co FCF Yield % Historical Data

The historical data trend for Jiangsu Rainbow Heavy Industries 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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Jiangsu Rainbow Heavy Industries Co FCF Yield % Chart

Jiangsu Rainbow Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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10.11

1.43

1.66

35.97

18.25

Jiangsu Rainbow Heavy Industries 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															120.40	-3.27	-0.93	-45.89	-43.09

Competitive Comparison of Jiangsu Rainbow Heavy Industries Co's FCF Yield %

For the Specialty Industrial Machinery subindustry, Jiangsu Rainbow Heavy Industries 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.

Jiangsu Rainbow Heavy Industries Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Rainbow Heavy Industries Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Jiangsu Rainbow Heavy Industries Co's FCF Yield % falls into.

Jiangsu Rainbow Heavy Industries 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.

Jiangsu Rainbow Heavy Industries Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	844.712	/	4627.36296
	=	18.25%

Jiangsu Rainbow Heavy Industries 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
	=	-443.115	*	4	/	4113.21152
	=	-43.09%

Jiangsu Rainbow Heavy Industries 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.

Jiangsu Rainbow Heavy Industries Co FCF Yield % Related Terms

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Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Rainbow Heavy Industries Co Ltd (SZSE:002483) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

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Address

No.9, Zhenxing West Road, Economic & Technology Development Zone, Natong, CHN, 226010

Website

http://www.jiangsurhi.com

Jiangsu Rainbow Heavy Industries Co Ltd is mainly engaged in the engineering, fabrication, sale, and maintenance of cranes in China. Its major business consists of 2 modules: high-end equipment manufactures and environmental protection. The high-end equipment manufacture module includes material lifting, offshore equipment, and shipbuilding, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module includes industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business.

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