Guangdong Kingstrong Technology Co (SZSE:300629) FCF Yield % : -0.71 (As of Jun. 04, 2024)

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What is Guangdong Kingstrong Technology 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, Guangdong Kingstrong Technology Co's Trailing 12-Month Free Cash Flow is ¥-35.0 Mil, and Market Cap is ¥4,905.8 Mil. Therefore, Guangdong Kingstrong Technology Co's FCF Yield % for today is -0.71%.

The historical rank and industry rank for Guangdong Kingstrong Technology Co's FCF Yield % or its related term are showing as below:

SZSE:300629' s FCF Yield % Range Over the Past 10 Years
Min: -5.06 Med: -0.01 Max: 4.2
Current: -0.71

During the past 13 years, the highest FCF Yield % of Guangdong Kingstrong Technology Co was 4.20%. The lowest was -5.06%. And the median was -0.01%.

SZSE:300629's FCF Yield % is ranked worse than
58.83% of 3017 companies
in the Industrial Products industry
Industry Median: 0.63 vs SZSE:300629: -0.71

Guangdong Kingstrong Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was -28.11%.

Guangdong Kingstrong Technology Co FCF Yield % Historical Data

The historical data trend for Guangdong Kingstrong Technology 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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Guangdong Kingstrong Technology Co FCF Yield % Chart

Guangdong Kingstrong Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

1.33

3.52

3.13

-3.37

-1.07

Guangdong Kingstrong 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 Yield %	Get a 7-Day Free Trial															-5.43	2.31	-3.93	1.23	-2.87

Competitive Comparison of Guangdong Kingstrong Technology Co's FCF Yield %

For the Metal Fabrication subindustry, Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Kingstrong Technology Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Guangdong Kingstrong Technology Co's FCF Yield % falls into.

Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-54.968	/	5136.86544
	=	-1.07%

Guangdong Kingstrong Technology 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
	=	-36.765	*	4	/	5120.654
	=	-2.87%

Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co FCF Yield % Related Terms

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Guangdong Kingstrong Technology Co (SZSE:300629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Kingstrong Technology Co Ltd (SZSE:300629) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Bo Jin Road, Wujin Industirial Zone, Danzao town, Office Building and Workshop, Nanhai district, Guangdong, Foshan, CHN, 528216

Website

http://www.king-strong.com

King-Strong New Material Technology Co Ltd is a Chinese company engaged in offering superhard material products, electromagnetism, powder-metallurgy material and carbides coated composite products. The products have applications in the industry of ceramics, mine, construction, building materials, metallurgy, electricity, refractory material and military industry. The organization sells its products in China, and also exports it to the other countries. The product portfolio of the company includes diamond roller, diamond roller integrated, cylindrical wheel, and soft polishing resin sheet, among others.

Executives

Wang Gang	Directors, executives
Wen Jun	Director
Zhang Tian Rong	Directors, executives
Dong Xue You	Directors, executives
Peng Bo	Director
Luo Hai Yan	Executives
Wang Zhen Ming	Directors, executives
Kuang Tong Chun	Independent director
Hu Qun Mei	Supervisors

Guangdong Kingstrong Technology Co (SZSE:300629) Headlines

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