Shandong Hi-tech Spring Material Technology Co (SZSE:301292) FCF Yield % : -33.81 (As of Jun. 03, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shandong Hi-tech Spring Material 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, Shandong Hi-tech Spring Material Technology Co's Trailing 12-Month Free Cash Flow is ¥-1,038 Mil, and Market Cap is ¥3,070 Mil. Therefore, Shandong Hi-tech Spring Material Technology Co's FCF Yield % for today is -33.81%.

The historical rank and industry rank for Shandong Hi-tech Spring Material Technology Co's FCF Yield % or its related term are showing as below:

SZSE:301292' s FCF Yield % Range Over the Past 10 Years
Min: -59.81 Med: -28 Max: -18.81
Current: -33.81

During the past 6 years, the highest FCF Yield % of Shandong Hi-tech Spring Material Technology Co was -18.81%. The lowest was -59.81%. And the median was -28.00%.

SZSE:301292's FCF Yield % is ranked worse than
96.34% of 1558 companies
in the Chemicals industry
Industry Median: 0.65 vs SZSE:301292: -33.81

Shandong Hi-tech Spring Material Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was -34.99%.

Shandong Hi-tech Spring Material Technology Co FCF Yield % Historical Data

The historical data trend for Shandong Hi-tech Spring Material 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.

Shandong Hi-tech Spring Material Technology Co FCF Yield % Chart

Shandong Hi-tech Spring Material Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

-25.67

Shandong Hi-tech Spring Material Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial										-	-	-21.71	-22.73	-33.39

Competitive Comparison of Shandong Hi-tech Spring Material Technology Co's FCF Yield %

For the Chemicals subindustry, Shandong Hi-tech Spring Material 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.

Shandong Hi-tech Spring Material Technology Co's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hi-tech Spring Material Technology Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Hi-tech Spring Material Technology Co's FCF Yield % falls into.

Shandong Hi-tech Spring Material 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.

Shandong Hi-tech Spring Material Technology Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1115.945	/	4347.7785
	=	-25.67%

Shandong Hi-tech Spring Material 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
	=	-300.431	*	4	/	3598.62282
	=	-33.39%

Shandong Hi-tech Spring Material 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.

Shandong Hi-tech Spring Material Technology Co FCF Yield % Related Terms

Thank you for viewing the detailed overview of Shandong Hi-tech Spring Material Technology Co's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Hi-tech Spring Material Technology Co Ltd (SZSE:301292) » Definitions » FCF Yield %

Traded in Other Exchanges

N/A

Address

No. 23, Zoucheng Road, Dongying High-tech Industrial Development Zone, Shandong Province, Dongying, CHN, 257000

Website

https://www.hi-techspring.com

Shandong Hi-tech Spring Material Technology Co Ltd is engaged in the research and development, production and sales of carbonate series lithium-ion battery electrolyte solvents and fine chemicals such as high-end propylene glycol and isopropanol.

Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Headlines

No Headlines