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Luoyang North Glass Technology Co (SZSE:002613) FCF Yield % : 0.96 (As of May. 12, 2024)


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What is Luoyang North Glass 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, Luoyang North Glass Technology Co's Trailing 12-Month Free Cash Flow is ¥37 Mil, and Market Cap is ¥3,796 Mil. Therefore, Luoyang North Glass Technology Co's FCF Yield % for today is 0.96%.

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

SZSE:002613' s FCF Yield % Range Over the Past 10 Years
Min: -8.15   Med: -0.61   Max: 2.37
Current: 0.96


During the past 13 years, the highest FCF Yield % of Luoyang North Glass Technology Co was 2.37%. The lowest was -8.15%. And the median was -0.61%.

SZSE:002613's FCF Yield % is ranked better than
52.25% of 3018 companies
in the Industrial Products industry
Industry Median: 0.6 vs SZSE:002613: 0.96

Luoyang North Glass Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was 6.16%.


Luoyang North Glass Technology Co FCF Yield % Historical Data

The historical data trend for Luoyang North Glass 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.

Luoyang North Glass Technology Co FCF Yield % Chart

Luoyang North Glass Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 -0.81 -2.64 -3.02 0.30

Luoyang North Glass 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 2.06 -0.18 -0.75 2.71

Competitive Comparison of Luoyang North Glass Technology Co's FCF Yield %

For the Specialty Industrial Machinery subindustry, Luoyang North Glass 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.


Luoyang North Glass Technology Co's FCF Yield % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Luoyang North Glass Technology Co's FCF Yield % falls into.



Luoyang North Glass 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=13.859 / 4601.5047
=0.30%

Luoyang North Glass 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
=24.917 * 4 / 3673.7064
=2.71%

* 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.


Luoyang North Glass 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.


Luoyang North Glass Technology Co FCF Yield % Related Terms

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Luoyang North Glass Technology Co (SZSE:002613) Business Description

Traded in Other Exchanges
N/A
Address
20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003
Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.

Luoyang North Glass Technology Co (SZSE:002613) Headlines

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