Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) FCF Yield % : -18.56 (As of Apr. 27, 2024)

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What is Luoyang Xinqianglian Slewing Bearing 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 Xinqianglian Slewing Bearing Co's Trailing 12-Month Free Cash Flow is ¥-1,331 Mil, and Market Cap is ¥7,168 Mil. Therefore, Luoyang Xinqianglian Slewing Bearing Co's FCF Yield % for today is -18.56%.

The historical rank and industry rank for Luoyang Xinqianglian Slewing Bearing Co's FCF Yield % or its related term are showing as below:

SZSE:300850' s FCF Yield % Range Over the Past 10 Years
Min: -26.77 Med: -4.09 Max: 10.26
Current: -18.56

During the past 8 years, the highest FCF Yield % of Luoyang Xinqianglian Slewing Bearing Co was 10.26%. The lowest was -26.77%. And the median was -4.09%.

SZSE:300850's FCF Yield % is ranked worse than
90.55% of 3016 companies
in the Industrial Products industry
Industry Median: 0.625 vs SZSE:300850: -18.56

Luoyang Xinqianglian Slewing Bearing Co's FCF Margin % for the quarter that ended in Dec. 2023 was 9.52%.

Luoyang Xinqianglian Slewing Bearing Co FCF Yield % Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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 Xinqianglian Slewing Bearing Co FCF Yield % Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-0.41

-2.64

-11.12

-11.65

Luoyang Xinqianglian Slewing Bearing 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															-18.38	-9.50	-23.26	-12.23	2.44

Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's FCF Yield %

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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 Xinqianglian Slewing Bearing Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's FCF Yield % falls into.

Luoyang Xinqianglian Slewing Bearing 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 Xinqianglian Slewing Bearing Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1330.632	/	11418.75786
	=	-11.65%

Luoyang Xinqianglian Slewing Bearing 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
	=	69.679	*	4	/	11418.75786
	=	2.44%

Luoyang Xinqianglian Slewing Bearing 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 Xinqianglian Slewing Bearing Co FCF Yield % Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luoyang Xinqianglian Slewing Bearing Co Ltd (SZSE:300850) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

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Address

Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800

Website

http://www.lyxqlbearing.com.cn

Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

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