Solax Power Network Technology (Zhejiang) Co (SHSE:688717) FCF Margin % : 24.43% (As of Mar. 2024)

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What is Solax Power Network Technology (Zhejiang) Co FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Solax Power Network Technology (Zhejiang) Co's Free Cash Flow for the three months ended in Mar. 2024 was ¥167 Mil. Solax Power Network Technology (Zhejiang) Co's Revenue for the three months ended in Mar. 2024 was ¥684 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's FCF Margin % for the quarter that ended in Mar. 2024 was 24.43%.

As of today, Solax Power Network Technology (Zhejiang) Co's current FCF Yield % is -0.68%.

The historical rank and industry rank for Solax Power Network Technology (Zhejiang) Co's FCF Margin % or its related term are showing as below:

SHSE:688717' s FCF Margin % Range Over the Past 10 Years
Min: -16.1 Med: 5.76 Max: 14.06
Current: -2.25

During the past 5 years, the highest FCF Margin % of Solax Power Network Technology (Zhejiang) Co was 14.06%. The lowest was -16.10%. And the median was 5.76%.

SHSE:688717's FCF Margin % is ranked worse than
52.67% of 991 companies
in the Semiconductors industry
Industry Median: -0.84 vs SHSE:688717: -2.25

Solax Power Network Technology (Zhejiang) Co FCF Margin % Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) Co's FCF Margin % 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.

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Solax Power Network Technology (Zhejiang) Co FCF Margin % Chart

Solax Power Network Technology (Zhejiang) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

-16.10

3.05

5.76

14.06

6.15

Solax Power Network Technology (Zhejiang) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial							26.06	4.32	-34.96	-18.88	24.43

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's FCF Margin %

For the Solar subindustry, Solax Power Network Technology (Zhejiang) Co's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.

Solax Power Network Technology (Zhejiang) Co's FCF Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's FCF Margin % falls into.

Solax Power Network Technology (Zhejiang) Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Solax Power Network Technology (Zhejiang) Co's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	275.206	/	4472.96
	=	6.15 %

Solax Power Network Technology (Zhejiang) Co's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	167.149	/	684.282
	=	24.43 %

Solax Power Network Technology (Zhejiang) Co FCF Margin % Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solax Power Network Technology (Zhejiang) Co Ltd (SHSE:688717) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063

Website

https://www.solaxpower.com.cn

Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

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