Zhejiang Chang'an Renheng Technology Co (HKSE:08139) FCF Yield % : 17.89 (As of Apr. 29, 2024)

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What is Zhejiang Chang'an Renheng 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, Zhejiang Chang'an Renheng Technology Co's Trailing 12-Month Free Cash Flow is HK$8.2 Mil, and Market Cap is HK$46.1 Mil. Therefore, Zhejiang Chang'an Renheng Technology Co's FCF Yield % for today is 17.89%.

The historical rank and industry rank for Zhejiang Chang'an Renheng Technology Co's FCF Yield % or its related term are showing as below:

HKSE:08139' s FCF Yield % Range Over the Past 10 Years
Min: -24.92 Med: 0 Max: 17.89
Current: 17.89

During the past 11 years, the highest FCF Yield % of Zhejiang Chang'an Renheng Technology Co was 17.89%. The lowest was -24.92%. And the median was 0.00%.

HKSE:08139's FCF Yield % is ranked better than
93.47% of 1562 companies
in the Chemicals industry
Industry Median: 0.5 vs HKSE:08139: 17.89

Zhejiang Chang'an Renheng Technology Co's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

Zhejiang Chang'an Renheng Technology Co FCF Yield % Historical Data

The historical data trend for Zhejiang Chang'an Renheng 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.

Zhejiang Chang'an Renheng Technology Co FCF Yield % Chart

Zhejiang Chang'an Renheng Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-9.96

0.20

-2.31

-30.92

16.52

Zhejiang Chang'an Renheng Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Zhejiang Chang'an Renheng Technology Co's FCF Yield %

For the Chemicals subindustry, Zhejiang Chang'an Renheng 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.

Zhejiang Chang'an Renheng Technology Co's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Chang'an Renheng Technology Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Chang'an Renheng Technology Co's FCF Yield % falls into.

Zhejiang Chang'an Renheng 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.

Zhejiang Chang'an Renheng Technology Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	8.246	/	49.92
	=	16.52%

Zhejiang Chang'an Renheng Technology 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
	=	0	*	4	/	49.92
	=	0.00%

Zhejiang Chang'an Renheng 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.

Zhejiang Chang'an Renheng Technology Co FCF Yield % Related Terms

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Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Chang'an Renheng Technology Co Ltd (HKSE:08139) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Laoya Tang, Si’an Town, Zhejiang Province, Changxing, CHN

Website

http://www.renheng.com

Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the papermaking chemicals series.

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