Shenzhen Minglida Precision Technology Co (SZSE:301268) FCF Yield % : -1.39 (As of May. 11, 2024)

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What is Shenzhen Minglida Precision 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, Shenzhen Minglida Precision Technology Co's Trailing 12-Month Free Cash Flow is ¥-108 Mil, and Market Cap is ¥7,720 Mil. Therefore, Shenzhen Minglida Precision Technology Co's FCF Yield % for today is -1.39%.

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

SZSE:301268' s FCF Yield % Range Over the Past 10 Years
Min: -3.91 Med: -1.9 Max: -0.77
Current: -1.39

During the past 7 years, the highest FCF Yield % of Shenzhen Minglida Precision Technology Co was -0.77%. The lowest was -3.91%. And the median was -1.90%.

SZSE:301268's FCF Yield % is ranked worse than
63.49% of 3016 companies
in the Industrial Products industry
Industry Median: 0.595 vs SZSE:301268: -1.39

Shenzhen Minglida Precision Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was -28.17%.

Shenzhen Minglida Precision Technology Co FCF Yield % Historical Data

The historical data trend for Shenzhen Minglida Precision 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.

* Premium members only.

Shenzhen Minglida Precision Technology Co FCF Yield % Chart

Shenzhen Minglida Precision Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-1.92

-2.65

Shenzhen Minglida Precision Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial													-8.06	6.75	-6.63	-1.64	-6.40

Competitive Comparison of Shenzhen Minglida Precision Technology Co's FCF Yield %

For the Metal Fabrication subindustry, Shenzhen Minglida Precision 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.

Shenzhen Minglida Precision Technology Co's FCF Yield % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen Minglida Precision Technology Co's FCF Yield % falls into.

Shenzhen Minglida Precision 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-316.382	/	11932.2983
	=	-2.65%

Shenzhen Minglida Precision 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
	=	-156.44	*	4	/	9780.2445
	=	-6.40%

Shenzhen Minglida Precision 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.

Shenzhen Minglida Precision Technology Co FCF Yield % Related Terms

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Shenzhen Minglida Precision Technology Co (SZSE:301268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Minglida Precision Technology Co Ltd (SZSE:301268) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13 Langshan Road, Xili Street, 4th Floor, Research Building, Tsinghua Information Port, West of South Gate, Songpingshan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.minglidagroup.com

Shenzhen Minglida Precision Technology Co Ltd is engaged in the design, research and development, production and sales of precision structural parts and molds.

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