Shanghai Conant Optical Co (HKSE:02276) FCF Yield % : 9.98 (As of May. 10, 2024)

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What is Shanghai Conant Optical 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, Shanghai Conant Optical Co's Trailing 12-Month Free Cash Flow is HK$381 Mil, and Market Cap is HK$3,818 Mil. Therefore, Shanghai Conant Optical Co's FCF Yield % for today is 9.98%.

The historical rank and industry rank for Shanghai Conant Optical Co's FCF Yield % or its related term are showing as below:

HKSE:02276' s FCF Yield % Range Over the Past 10 Years
Min: 1.35 Med: 2.82 Max: 12.31
Current: 9.98

During the past 6 years, the highest FCF Yield % of Shanghai Conant Optical Co was 12.31%. The lowest was 1.35%. And the median was 2.82%.

HKSE:02276's FCF Yield % is ranked better than
95.16% of 867 companies
in the Medical Devices & Instruments industry
Industry Median: -2.63 vs HKSE:02276: 9.98

Shanghai Conant Optical Co's FCF Margin % for the quarter that ended in Dec. 2023 was 28.23%.

Shanghai Conant Optical Co FCF Yield % Historical Data

The historical data trend for Shanghai Conant Optical 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.

Shanghai Conant Optical Co FCF Yield % Chart

Shanghai Conant Optical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

1.32

3.64

12.66

Shanghai Conant Optical Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial				-8.34	0.66	6.68	8.37	19.04

Competitive Comparison of Shanghai Conant Optical Co's FCF Yield %

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical 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.

Shanghai Conant Optical Co's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's FCF Yield % falls into.

Shanghai Conant Optical 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.

Shanghai Conant Optical Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	381.177	/	3011.796
	=	12.66%

Shanghai Conant Optical Co's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	286.715	*	2	/	3011.796
	=	19.04%

Shanghai Conant Optical 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.

Shanghai Conant Optical Co FCF Yield % Related Terms

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Shanghai Conant Optical Co (HKSE:02276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN

Website

http://www.conantoptical.com.cn

Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.

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